What salary do you need to live in Minneapolis, MN?
For a single person: about $70,500/year before taxes to live comfortably. That's the gross income whose MN-taxed take-home covers roughly $1,420 rent plus everyday essentials, with a 20% cushion for savings. Figures include 2025 federal tax, FICA, and an effective 5.3% Minnesota income tax.
Single person — est. essentials $3,776/mo
Tight
take-home covers $3,776/mo
$57,500/yr
Comfortable
take-home covers $4,531/mo
$70,500/yr
Thriving
take-home covers $5,664/mo
$91,500/yr
2-person household — est. essentials $5,143/mo
Tight
take-home covers $5,143/mo
$77,000/yr
Comfortable
take-home covers $6,172/mo
$93,000/yr
Thriving
take-home covers $7,715/mo
$118,000/yr
3-person household — est. essentials $6,213/mo
Tight
take-home covers $6,213/mo
$94,000/yr
Comfortable
take-home covers $7,456/mo
$114,000/yr
Thriving
take-home covers $9,320/mo
$146,000/yr
4-person household — est. essentials $7,161/mo
Tight
take-home covers $7,161/mo
$109,000/yr
Comfortable
take-home covers $8,593/mo
$132,500/yr
Thriving
take-home covers $10,742/mo
$172,500/yr
How we calculate this
Essentials = typical rent ($1,420) + a national non-housing baseline by household size ($2,450 for one person) + Minnesota's combined sales tax on the taxable share of that spending. We then solve for the gross salary whose after-tax take-home hits each tier. Local income taxes and property taxes aren't modeled — see the methodology.
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