Business Analyst · Salary Comparison · 2026
Business Analyst Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Business Analysts in Minneapolis, MN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$86,000 vs $114,000
Better Purchasing Power
✓ Minneapolis, MN
$77,477 vs $60,963
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$66,721 vs $52,471
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $86,000 | $114,000▲ | -$28,000 |
| 25th Percentile | $66,220 | $87,780▲ | -$21,560 |
| 75th Percentile | $110,080 | $145,920▲ | -$35,840 |
| 90th Percentile | $137,600 | $182,400▲ | -$44,800 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $77,477▲ | $60,963 | +$16,514 |
| Est. Annual Take-Home | $74,060 | $98,120▲ | -$24,060 |
| COL-Adj. Take-Home | $66,721▲ | $52,471 | +$14,250 |
| Total Employment | 33,000 | 102,000 | -69,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $28,000 more (median: $86,000 vs $114,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($77,477 vs $60,963 equivalent). Minneapolis, MN has the lower state tax rate (6.8% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.