Physical Therapist · Salary Comparison · 2026
Physical Therapist Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Physical Therapists 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
$76,000 vs $101,000
Better Purchasing Power
✓ Minneapolis, MN
$68,468 vs $54,011
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$58,963 vs $46,487
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $76,000 | $101,000▲ | -$25,000 |
| 25th Percentile | $58,520 | $77,770▲ | -$19,250 |
| 75th Percentile | $97,280 | $129,280▲ | -$32,000 |
| 90th Percentile | $121,600 | $161,600▲ | -$40,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $68,468▲ | $54,011 | +$14,457 |
| Est. Annual Take-Home | $65,449 | $86,931▲ | -$21,482 |
| COL-Adj. Take-Home | $58,963▲ | $46,487 | +$12,476 |
| 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 $25,000 more (median: $76,000 vs $101,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($68,468 vs $54,011 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.