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Boilermakers Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Boilermakers salary really buy you in Minnesota?

Minnesota is 2.3% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$102,730
Median annual (2024)
+2.4%
Real Purchasing Power
$105,148
COL-adjusted (RPP=97.7)

Minnesota Cost of Living Index

Minnesota's Regional Price Parity (RPP) is 97.7, meaning prices are 2.3% lower the national average. A Boilermakers earning $102,730 in Minnesota has the equivalent purchasing power of $105,148 in an average-cost US state.

MN: 97.7
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

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) $93,970 $96,182 +$2,212
25th Percentile (P25) $101,620 $104,012 +$2,392
Median (P50) $102,730 $105,148 +$2,418
75th Percentile (P75) $102,740 $105,158 +$2,418
90th Percentile (P90) $103,180 $105,609 +$2,429
Key Insight

Minnesota's cost of living is close to the national average, so $102,730 keeps most of its value at $105,148 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Boilermakers (After Cost of Living)

Where does Boilermakers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$132,905
RPP 93.6
$105,536
RPP 92.3
$105,148
RPP 97.7
$103,797
RPP 109.8
$95,644
RPP 112.5
$94,116
RPP 101.3
7. Montana
$92,137
RPP 90.3
$91,174
RPP 96.2
9. Indiana
$90,958
RPP 91.8
10. Arkansas
$86,351
RPP 86.6

Minnesota ranks #3 out of 36 states for Boilermakers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Boilermakers in Minnesota after cost of living?

A Boilermakers in Minnesota earns a median salary of $102,730 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $105,148 — a +2.4% difference.

Is Minnesota expensive to live in?

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).

What are Regional Price Parities (RPP)?

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.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Boilermakers in Minnesota: $102,730 x (100 / 97.7) = $105,148. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Boilermakers in Minnesota financially?

From a purchasing power perspective, yes. A Boilermakers 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.

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