Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial 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
$90,000 vs $128,000
Better Purchasing Power
✓ Minneapolis, MN
$81,081 vs $68,449
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$69,824 vs $58,914
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $90,000 | $128,000▲ | -$38,000 |
| 25th Percentile | $66,000 | $95,000▲ | -$29,000 |
| 75th Percentile | $118,000 | $170,000▲ | -$52,000 |
| 90th Percentile | $152,000 | $218,000▲ | -$66,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $81,081▲ | $68,449 | +$12,632 |
| Est. Annual Take-Home | $77,505 | $110,170▲ | -$32,665 |
| COL-Adj. Take-Home | $69,824▲ | $58,914 | +$10,910 |
| Total Employment | 10,000 | 42,000 | -32,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $38,000 more (median: $90,000 vs $128,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($81,081 vs $68,449 equivalent). Minneapolis, MN has the lower state tax rate (6.8% vs 6.85%).
4More Financial Analyst City Comparisons
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.