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Construction Manager Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Construction Manager 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
$117,500
Median annual (2024)
+2.4%
Real Purchasing Power
$120,266
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 Construction Manager earning $117,500 in Minnesota has the equivalent purchasing power of $120,266 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) $77,140 $78,955 +$1,815
25th Percentile (P25) $94,260 $96,479 +$2,219
Median (P50) $117,500 $120,266 +$2,766
75th Percentile (P75) $151,410 $154,974 +$3,564
90th Percentile (P90) $175,070 $179,191 +$4,121
Key Insight

Minnesota's cost of living is close to the national average, so $117,500 keeps most of its value at $120,266 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Construction Manager (After Cost of Living)

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

$137,959
RPP 98.0
$135,054
RPP 109.4
3. Alaska
$132,970
RPP 102.0
$129,000
RPP 88.0
$125,957
RPP 107.6
$124,025
RPP 109.8
$122,611
RPP 92.3
$122,380
RPP 105.0
$120,266
RPP 97.7
$120,018
RPP 108.8

Minnesota ranks #9 out of 49 states for Construction Manager after cost-of-living adjustment.

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Frequently Asked Questions

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

A Construction Manager in Minnesota earns a median salary of $117,500 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $120,266 — 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 Construction Manager in Minnesota: $117,500 x (100 / 97.7) = $120,266. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Construction Manager in Minnesota financially?

From a purchasing power perspective, yes. A Construction Manager 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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