Software Developer · Salary Comparison · 2026
Software Developer Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Software Developers 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
$126,000 vs $168,000
Better Purchasing Power
✓ Minneapolis, MN
$113,514 vs $89,840
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$97,754 vs $77,326
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $126,000 | $168,000▲ | -$42,000 |
| 25th Percentile | $97,000 | $128,000▲ | -$31,000 |
| 75th Percentile | $163,000 | $215,000▲ | -$52,000 |
| 90th Percentile | $202,000 | $265,000▲ | -$63,000 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $113,514▲ | $89,840 | +$23,674 |
| Est. Annual Take-Home | $108,507 | $144,599▲ | -$36,092 |
| COL-Adj. Take-Home | $97,754▲ | $77,326 | +$20,428 |
| Total Employment | 22,000 | 68,000 | -46,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $42,000 more (median: $126,000 vs $168,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($113,514 vs $89,840 equivalent). Minneapolis, MN has the lower state tax rate (6.8% vs 6.85%).
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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.