Product Manager · Salary Comparison · 2026
Product Manager Salary: Minneapolis, MN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Product Managers in Minneapolis, MN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$125,000 vs $145,000
Better Purchasing Power
✓ Austin, TX
$112,613 vs $116,935
Best Take-Home (COL-Adj)
✓ Austin, TX
$96,978 vs $108,048
2
Detailed Comparison
| Metric | Minneapolis, MN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $125,000 | $145,000▲ | -$20,000 |
| 25th Percentile | $94,000 | $109,000▲ | -$15,000 |
| 75th Percentile | $165,000 | $191,000▲ | -$26,000 |
| 90th Percentile | $206,000 | $238,000▲ | -$32,000 |
| Cost of Living Index | 111 | 124 | -13 |
| State Income Tax | 6.8% | 0%▲ | +6.8% |
| COL-Adjusted Median | $112,613 | $116,935▲ | -$4,322 |
| Est. Annual Take-Home | $107,646 | $133,980▲ | -$26,334 |
| COL-Adj. Take-Home | $96,978 | $108,048▲ | -$11,070 |
| Total Employment | 4,000 | 7,000 | -3,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $20,000 more (median: $125,000 vs $145,000). However, after adjusting for cost of living (index 111 vs 124), Austin, TX provides better purchasing power ($112,613 vs $116,935 equivalent). Austin, TX has no state income tax, which is a significant advantage.
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.