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What is the average salary in Minneapolis, MN?

The average salary in Minneapolis, MN is $80,919 per year.

Minneapolis offers competitive salaries across various industries. The average yearly salary in Minneapolis stands at $80,919. This figure reflects the city's strong job market and diverse economy. Workers can expect varied earnings based on their specific industry and experience level.


Minneapolis is home to several industries with notable salaries. These include software and IT services, finance, and healthcare. For instance, software developers can earn around $99,169 per year, while healthcare professionals may see salaries upwards of $132,264 annually. The city supports career growth with opportunities in high-demand sectors.

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What are the best paying jobs in Minneapolis, MN?

Minneapolis offers a range of top-paying job opportunities for those seeking both professional fulfillment and financial reward. Leading the list are medical roles such as Physicians and Certified Registered Nurse Anesthetists, both known for their critical work and high salaries. Other well-compensated positions include General Counsel, Principal Engineers, and various managerial roles like Business Director and Audit Manager. In Minneapolis, healthcare professionals can find lucrative opportunities. Physicians enjoy among the highest earnings, reflecting the critical nature of their work. Roles in engineering and legal sectors also stand out, with Principal Engineers and General Counsel securing significant salaries. Job seekers in these fields will find that Minneapolis offers both competitive pay and a supportive professional environment.
Graph displaying best paying job salaries in Minneapolis, MN, highlighting Physician with the highest at $287,688 and Enterprise Architect with the lowest at $157,939.
  1. Physician
    Average Salary: $287,688
    Physicians diagnose and treat illnesses. They work in hospitals and clinics. Many are employed by large healthcare systems.
    Find Physician jobs in Minneapolis, MN


  2. Certified Registered Nurse Anesthetist
    Average Salary: $286,362
    They administer anesthesia. They work closely with surgeons and anesthesiologists. Common employers include hospitals and outpatient care centers.
    Find Certified Registered Nurse Anesthetist jobs in Minneapolis, MN


  3. General Dentist
    Average Salary: $234,355
    They diagnose and treat oral health issues. They work in private practices. Many general dentists also work in clinics and schools.
    Find General Dentist jobs in Minneapolis, MN


  4. General Counsel
    Average Salary: $188,904
    They provide legal advice to companies. They handle complex legal issues. Corporations and law firms often hire them.
    Find General Counsel jobs in Minneapolis, MN


  5. Principal Engineer
    Average Salary: $170,310
    They lead engineering projects. They design and oversee implementations. Tech companies and manufacturing firms hire them.
    Find Principal Engineer jobs in Minneapolis, MN


  6. Business Director
    Average Salary: $165,206
    They manage business operations. They set strategies and goals. Many work for large corporations and consultancies.
    Find Business Director jobs in Minneapolis, MN


  7. Audit Manager
    Average Salary: $165,131
    They oversee audit activities. They ensure compliance with regulations. They work for accounting firms and corporations.
    Find Audit Manager jobs in Minneapolis, MN


  8. Nurse Practitioner
    Average Salary: $159,500
    They provide primary and specialty care. They work in various settings. Many work in hospitals, clinics, and private practices.
    Find Nurse Practitioner jobs in Minneapolis, MN


  9. Solutions Architect
    Average Salary: $158,782
    They design system solutions. They bridge IT and business needs. Tech companies often hire them.
    Find Solutions Architect jobs in Minneapolis, MN


  10. Enterprise Architect
    Average Salary: $157,939
    They design enterprise systems. They integrate various business functions. Large firms hire them for strategic IT planning.
    Find Enterprise Architect jobs in Minneapolis, MN

What are the best paying jobs in Minneapolis, MN without a degree?

Minneapolis, MN offers many top-paying jobs that do not require a college degree. Among these, Equipment Managers earn the highest average salary. Other high-paying roles include Drain Cleaners and Concrete Finishers. These jobs provide good pay while focusing on practical skills. Public Works Operators and Loaders also offer solid salaries. Restaurant and Kitchen Managers, along with Lawn Care Technicians and Landscapers, provide stable income with fewer education barriers.
Graph displaying best paying job salaries in Minneapolis, MN without a degree, highlighting Equipment Manager with the highest at $106,496 and Landscaper with the lowest at $43,763.
  1. Equipment Manager
    Average Salary: $106,496
    This role oversees machinery and tools. Companies look for someone who can manage equipment and maintenance. Strong organizational skills are key.
    Find Equipment Manager jobs in Minneapolis, MN


  2. Drain Cleaner
    Average Salary: $71,750
    This job involves clearing blockages in pipes. Companies need workers who can handle plumbing challenges. Attention to detail is important here.
    Find Drain Cleaner jobs in Minneapolis, MN


  3. Concrete Finisher
    Average Salary: $67,463
    This role smooths and levels concrete. Companies require someone who can work with concrete and tools. Physical strength and precision are needed.
    Find Concrete Finisher jobs in Minneapolis, MN


  4. Canvasser
    Average Salary: $66,632
    This position involves gathering information or signatures. Companies hire people who can talk to others and gather data. Communication skills are vital.
    Find Canvasser jobs in Minneapolis, MN


  5. Public Works Operator
    Average Salary: $55,938
    This job operates heavy equipment for public works. Companies need operators who can work with large machinery. Knowledge of safety rules is crucial.
    Find Public Works Operator jobs in Minneapolis, MN


  6. Loader
    Average Salary: $51,177
    This role involves loading and unloading materials. Companies look for loaders who can handle heavy objects. Physical strength and attention to detail are important.
    Find Loader jobs in Minneapolis, MN


  7. Restaurant Manager
    Average Salary: $51,061
    This position oversees restaurant operations. Companies need managers who can handle staff and customer service. Strong leadership skills are key.
    Find Restaurant Manager jobs in Minneapolis, MN


  8. Kitchen Manager
    Average Salary: $48,190
    This role manages kitchen staff and food prep. Companies hire managers who can keep the kitchen running smoothly. Good organizational skills are needed.
    Find Kitchen Manager jobs in Minneapolis, MN


  9. Lawn Care Technician
    Average Salary: $46,358
    This job involves maintaining lawns and gardens. Companies need technicians who can work outdoors and with gardening tools. Physical fitness is helpful.
    Find Lawn Care Technician jobs in Minneapolis, MN


  10. Landscaper
    Average Salary: $43,763
    This position designs and maintains outdoor spaces. Companies look for landscapers who can work with plants and materials. Creativity and attention to detail are important.
    Find Landscaper jobs in Minneapolis, MN

Which companies offer the top salaries in Minneapolis, MN?

Job seekers in Minneapolis, MN, have several high-paying opportunities to explore. Vohra Wound Physicians leads the way with an average salary of over $292,000. PwC, Amazon Web Services, and Faegre Drinker Biddle & Reath LLP also offer competitive salaries above $160,000. Companies like Amazon.com, Accenture, and LifeStance Health provide robust salaries ranging from $152,000 to $163,000. HNTB Corporation, Deloitte, and KPMG further support attractive job opportunities with average salaries above $147,000. These companies offer rewarding careers with excellent compensation packages.
Graph displaying company salaries in Minneapolis, MN, highlighting Vohra Wound Physicians with the highest at $292,778 and KPMG with the lowest at $147,433.
  1. Vohra Wound Physicians
    Average Salary: $292,778
    Vohra Wound Physicians is a leading provider of wound care services. They focus on helping patients recover quickly and safely. The company values innovation and quality care.


  2. PwC
    Average Salary: $177,692
    PwC is a global leader in professional services. They offer assurance, tax, and consulting services. PwC values integrity and teamwork, making it a great place to work.


  3. Amazon Web Services
    Average Salary: $171,353
    Amazon Web Services provides cloud computing services. They help businesses and individuals store and manage data online. AWS is known for its innovative and dynamic work environment.


  4. Faegre Drinker Biddle & Reath LLP
    Average Salary: $169,687
    Faegre Drinker is a law firm with a strong focus on client service. They offer legal services across various industries. The firm values collaboration and professional excellence.


  5. Amazon.com
    Average Salary: $165,269
    Amazon is a global e-commerce giant. They offer a wide range of products and services. Amazon values customer obsession and innovation, providing a dynamic work environment.


  6. Accenture
    Average Salary: $163,806
    Accenture is a consulting firm that offers strategy, consulting, and technology services. They help businesses navigate change. Accenture values creativity and teamwork.


  7. LifeStance Health
    Average Salary: $158,195
    LifeStance Health provides mental health services. They focus on patient care and well-being. The company values compassion and quality care.


  8. HNTB Corporation
    Average Salary: $154,098
    HNTB Corporation offers architecture, engineering, and planning services. They work on various infrastructure projects. HNTB values innovation and teamwork.


  9. Deloitte
    Average Salary: $152,313
    Deloitte provides audit, tax, consulting, and financial advisory services. They help businesses succeed. Deloitte values integrity and excellence.


  10. KPMG
    Average Salary: $147,433
    KPMG offers audit, tax, and advisory services. They focus on helping clients achieve their goals. KPMG values trust and quality work.

How does the cost of living in Minneapolis, MN compare to the national average?

Minneapolis, MN, has a cost of living index that generally surpasses the nationwide average. Housing stands at 115, which means it costs 15% more than the average. Utilities are also higher at 110, adding an extra 10%. When comparing Minneapolis to the national average of 100, individuals should note the significant increases in housing and utilities. Groceries remain slightly lower at 95, while healthcare costs are at 90. Despite these lower costs in some areas, the overall higher index indicates that living expenses in Minneapolis are generally 5% above the national average.
Cost of living comparison graph for Minneapolis, MN vs. Nationwide: housing 15% higher, groceries 5% lower, utilities 10% higher, transportation 0% lower, healthcare 10% lower, miscellaneous 5% higher.

The cost of living in Minneapolis, Minnesota, shows a mixed comparison when matched against the nationwide average. For housing, Minneapolis residents face a higher expense, with the index sitting at 115, representing a 15% increase over the national average. This rise indicates that housing costs in Minneapolis are notably steeper, potentially influencing relocation decisions for those seeking more affordable options.


On the other hand, other essential areas show less significant variation from the national average. Groceries, for example, have a cost of living index of 95, which is 5% below the national average. This presents an opportunity for cost savings in food expenses. Utilities, often a fixed expense, have an index of 110, marking a 10% increase. However, healthcare costs are relatively lower, with an index of 90, showing a 10% decrease, which could be a positive factor for those considering their health-related expenses. Transportation costs in Minneapolis align with the national average at 100, offering no change in this particular expense. Miscellaneous costs also mirror the national average closely, with an index of 105, indicating a modest 5% increase.

There are 5,207 job openings in Minneapolis, MN, today!

Take a deeper dive into the job market in Minneapolis, MN

Discover what it's like to work in Minneapolis, MN. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
Overview
Minneapolis, MN
5,207 Job Openings