Data Scientists Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Data Scientists 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 2026-04-02

Nominal Salary
$114,630
Median annual (2024)
+2.4%
Real Purchasing Power
$117,328
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 Data Scientists earning $114,630 in Minnesota has the equivalent purchasing power of $117,328 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) $69,170 $70,798 +$1,628
25th Percentile (P25) $89,940 $92,057 +$2,117
Median (P50) $114,630 $117,328 +$2,698
75th Percentile (P75) $143,640 $147,021 +$3,381
90th Percentile (P90) $165,830 $169,733 +$3,903
Key Insight

Minnesota's cost of living is close to the national average, so $114,630 keeps most of its value at $117,328 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Data Scientists (After Cost of Living)

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

1. Wyoming
$141,860
RPP 91.9
$141,612
RPP 98.0
$134,755
RPP 94.2
$133,822
RPP 86.6
$133,682
RPP 102.1
6. Idaho
$133,202
RPP 91.8
$128,094
RPP 88.7
$122,588
RPP 104.7
$120,783
RPP 109.8
$120,009
RPP 108.8

Minnesota ranks #14 out of 51 states for Data Scientists after cost-of-living adjustment.

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How much do you actually take home? See Data Scientists take-home pay in Minnesota after taxes →

Frequently Asked Questions

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

A Data Scientists in Minnesota earns a median salary of $114,630 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $117,328 — 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 Data Scientists in Minnesota: $114,630 x (100 / 97.7) = $117,328. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Data Scientists in Minnesota financially?

From a purchasing power perspective, yes. A Data Scientists 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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Rankings
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Cities in Minnesota
Minneapolis St. Paul Rochester Bloomington
Colleges in Minnesota
Walden University Academy College Alexandria Technical & Community College Anoka Technical College