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

What does a Cost Estimators 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
$79,950
Median annual (2024)
+2.4%
Real Purchasing Power
$81,832
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 Cost Estimators earning $79,950 in Minnesota has the equivalent purchasing power of $81,832 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) $54,430 $55,711 +$1,281
25th Percentile (P25) $66,800 $68,372 +$1,572
Median (P50) $79,950 $81,832 +$1,882
75th Percentile (P75) $99,270 $101,606 +$2,336
90th Percentile (P90) $123,310 $126,212 +$2,902
Key Insight

Minnesota's cost of living is close to the national average, so $79,950 keeps most of its value at $81,832 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Cost Estimators (After Cost of Living)

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

$93,857
RPP 109.4
2. Iowa
$86,300
RPP 88.4
3. Utah
$83,756
RPP 94.5
4. Nevada
$83,267
RPP 96.4
$82,579
RPP 88.0
6. Ohio
$82,459
RPP 91.5
$81,832
RPP 97.7
8. Idaho
$81,568
RPP 91.8
9. Wyoming
$81,468
RPP 91.9
10. Michigan
$81,456
RPP 93.4

Minnesota ranks #7 out of 50 states for Cost Estimators after cost-of-living adjustment.

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Frequently Asked Questions

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

A Cost Estimators in Minnesota earns a median salary of $79,950 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $81,832 — 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 Cost Estimators in Minnesota: $79,950 x (100 / 97.7) = $81,832. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Cost Estimators in Minnesota financially?

From a purchasing power perspective, yes. A Cost Estimators 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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