SalariesByCity
BLS SOC 13-2051 · Minnesota · Updated 2026

Financial Analyst Salary in Minneapolis, MN

Financial Analysts in Minneapolis, MN earn a median of $90,000/year, ranging from $66,000 (25th percentile) to $152,000 (90th percentile). After Minnesota state taxes (6.8%) and cost-of-living adjustments (COL index 111), this is equivalent to $81,081 in purchasing power vs the US average.

Median Annual
$90,000
BLS median
Entry Level (P25)
$66,000
25th percentile
Senior (P75)
$118,000
75th percentile
Top Earners (P90)
$152,000
90th percentile

1Salary Distribution in Minneapolis, MN

P25
P75
P25
$66,000
Median
$90,000
P75
$118,000
P90
$152,000

2Estimated Take-Home & Purchasing Power

Gross Median Salary
$90,000
Before taxes
Est. Take-Home (After Tax)
$77,505
After 6.8% state + ~7.6% FICA
COL-Adjusted Purchasing Power
$69,824
vs US average (COL index: 111)

* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.

3

How Does Minneapolis, MN Compare?

Nearby and similar metro areas
CityMedianCOL IndexCOL-Adjusted
Minneapolis, MN (current)$90,000111$81,081
San Francisco, CA$112,000186$60,215
New York, NY$128,000187$68,449
Seattle, WA$105,000162$64,815
Boston, MA$115,000162$70,988
Austin, TX$92,000124$74,194

4Frequently Asked Questions

What is the average Financial Analyst salary in Minneapolis, MN?

The median Financial Analyst salary in Minneapolis, MN is $90,000 per year as of 2026 BLS OEWS data. The 25th percentile is $66,000 and the 90th percentile is $152,000.

Is Minneapolis, MN a good place to work as a Financial Analyst?

Minneapolis, MN has a cost of living index of 111 (US average = 100). After adjusting for cost of living, a $90,000 Financial Analyst salary in Minneapolis, MN is equivalent to $81,081 in purchasing power compared to the US average.

What is the cost of living adjustment for Minneapolis, MN?

Minneapolis, MN has a cost of living index of 111, meaning it is 11% more expensive than the US average. The state income tax rate in Minnesota is approximately 6.8%.

What is the Financial Analyst salary range in Minneapolis, MN?

In Minneapolis, MN, Financial Analysts earn between $66,000 (25th percentile) and $152,000 (90th percentile), with a median of $90,000 per year.

How many Financial Analyst jobs are there in Minneapolis, MN?

According to BLS OEWS data, there are approximately 10,000 Financial Analyst positions in the Minneapolis, MN metropolitan area.

What do Financial Analysts earn in Minneapolis, MN?

Based on BLS OEWS 2026 data, Financial Analysts in Minneapolis, MN earn a median annual wage of $90,000. The middle 50% earn between $66,000 and $118,000. The top 10% earn more than $152,000. There are approximately 10,000 Financial Analysts employed in the Minneapolis, MN metro area, with annual job growth estimated at 3%.

Is Minneapolis, MN a good place for a Financial Analyst?

Minneapolis, MN has a cost of living index of 111 (US average = 100), making it 11% more expensive than the national average. After adjusting for cost of living, a Financial Analyst in Minneapolis, MN earning $90,000has the equivalent purchasing power of $81,081 relative to the US median. Minnesota has a state income tax rate of approximately 6.8%.

What is the cost of living adjustment for Minneapolis, MN?

Minneapolis, MN's cost of living index is 111, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $90,000 in Minneapolis, MNhas the same purchasing power as $81,081 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.

Compare Minneapolis, MN with Another City

See a detailed side-by-side comparison of salary, taxes, and purchasing power.

Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.