Elementary School Teacher · Salary Comparison · 2026
Elementary School Teacher Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Elementary School Teachers 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
$47,000 vs $62,000
Better Purchasing Power
✓ Minneapolis, MN
$42,342 vs $33,155
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$36,464 vs $28,537
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $47,000 | $62,000▲ | -$15,000 |
| 25th Percentile | $36,190 | $47,740▲ | -$11,550 |
| 75th Percentile | $60,160 | $79,360▲ | -$19,200 |
| 90th Percentile | $75,200 | $99,200▲ | -$24,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $42,342▲ | $33,155 | +$9,187 |
| Est. Annual Take-Home | $40,475 | $53,364▲ | -$12,889 |
| COL-Adj. Take-Home | $36,464▲ | $28,537 | +$7,927 |
| Total Employment | 55,000 | 170,000 | -115,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $15,000 more (median: $47,000 vs $62,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($42,342 vs $33,155 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.