Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Minneapolis, MN vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Minneapolis, MN and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$90,000 vs $115,000
Better Purchasing Power
✓ Minneapolis, MN
$81,081 vs $70,988
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$69,824 vs $62,313
2
Detailed Comparison
| Metric | Minneapolis, MN | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $90,000 | $115,000▲ | -$25,000 |
| 25th Percentile | $66,000 | $85,000▲ | -$19,000 |
| 75th Percentile | $118,000 | $152,000▲ | -$34,000 |
| 90th Percentile | $152,000 | $195,000▲ | -$43,000 |
| Cost of Living Index | 111 | 162 | -51 |
| State Income Tax | 6.8% | 5%▲ | +1.7999999999999998% |
| COL-Adjusted Median | $81,081▲ | $70,988 | +$10,093 |
| Est. Annual Take-Home | $77,505 | $100,947▲ | -$23,442 |
| COL-Adj. Take-Home | $69,824▲ | $62,313 | +$7,511 |
| Total Employment | 10,000 | 16,000 | -6,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $25,000 more (median: $90,000 vs $115,000). However, after adjusting for cost of living (index 111 vs 162), Minneapolis, MN provides better purchasing power ($81,081 vs $70,988 equivalent). Boston, MA has the lower state tax rate (5% vs 6.8%).
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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.