What does a Accountants and Auditors salary really buy you in Minnesota?
Minnesota is 2.3% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02
Minnesota's Regional Price Parity (RPP) is 97.7, meaning prices are 2.3% lower the national average. A Accountants and Auditors earning $78,220 in Minnesota has the equivalent purchasing power of $80,061 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Minnesota's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $51,240 | $52,446 | +$1,206 |
| 25th Percentile (P25) | $61,780 | $63,234 | +$1,454 |
| Median (P50) | $78,220 | $80,061 | +$1,841 |
| 75th Percentile (P75) | $100,470 | $102,835 | +$2,365 |
| 90th Percentile (P90) | $133,710 | $136,857 | +$3,147 |
Minnesota's cost of living is close to the national average, so $78,220 keeps most of its value at $80,061 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does Accountants and Auditors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Minnesota ranks #22 out of 51 states for Accountants and Auditors after cost-of-living adjustment.
Some links are affiliate links. See our disclosure.
How much do you actually take home? See Accountants and Auditors take-home pay in Minnesota after taxes →
A Accountants and Auditors in Minnesota earns a median salary of $78,220 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $80,061 — a +2.4% difference.
Minnesota's cost of living is 2.3% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Minnesota is 97.7 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Accountants and Auditors in Minnesota: $78,220 x (100 / 97.7) = $80,061. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Accountants and Auditors in Minnesota enjoys 2.4% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.