College Professor · Salary Comparison · 2026
College Professor Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for College Professors 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
$69,000 vs $92,000
Better Purchasing Power
✓ Minneapolis, MN
$62,162 vs $49,198
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$53,532 vs $42,345
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $69,000 | $92,000▲ | -$23,000 |
| 25th Percentile | $53,130 | $70,840▲ | -$17,710 |
| 75th Percentile | $88,320 | $117,760▲ | -$29,440 |
| 90th Percentile | $110,400 | $147,200▲ | -$36,800 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $62,162▲ | $49,198 | +$12,964 |
| Est. Annual Take-Home | $59,421 | $79,185▲ | -$19,764 |
| COL-Adj. Take-Home | $53,532▲ | $42,345 | +$11,187 |
| 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 $23,000 more (median: $69,000 vs $92,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($62,162 vs $49,198 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.