Product Manager · Salary Comparison · 2026
Product Manager Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Product Managers 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
$125,000 vs $170,000
Better Purchasing Power
✓ Minneapolis, MN
$112,613 vs $90,909
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$96,978 vs $78,246
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $125,000 | $170,000▲ | -$45,000 |
| 25th Percentile | $94,000 | $128,000▲ | -$34,000 |
| 75th Percentile | $165,000 | $225,000▲ | -$60,000 |
| 90th Percentile | $206,000 | $280,000▲ | -$74,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $112,613▲ | $90,909 | +$21,704 |
| Est. Annual Take-Home | $107,646 | $146,320▲ | -$38,674 |
| COL-Adj. Take-Home | $96,978▲ | $78,246 | +$18,732 |
| Total Employment | 4,000 | 12,000 | -8,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $45,000 more (median: $125,000 vs $170,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($112,613 vs $90,909 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.