Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax 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
$101,000 vs $134,000
Better Purchasing Power
✓ Minneapolis, MN
$90,991 vs $71,658
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$78,359 vs $61,676
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $101,000 | $134,000▲ | -$33,000 |
| 25th Percentile | $77,770 | $103,180▲ | -$25,410 |
| 75th Percentile | $129,280 | $171,520▲ | -$42,240 |
| 90th Percentile | $161,600 | $214,400▲ | -$52,800 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $90,991▲ | $71,658 | +$19,333 |
| Est. Annual Take-Home | $86,978 | $115,335▲ | -$28,357 |
| COL-Adj. Take-Home | $78,359▲ | $61,676 | +$16,683 |
| Total Employment | 17,600 | 54,400 | -36,800 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $33,000 more (median: $101,000 vs $134,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($90,991 vs $71,658 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.