AmericaByNumbers.com

Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers 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
$46,240
Median annual (2024)
+2.4%
Real Purchasing Power
$47,328
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 Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers earning $46,240 in Minnesota has the equivalent purchasing power of $47,328 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) $37,830 $38,720 +$890
25th Percentile (P25) $40,220 $41,166 +$946
Median (P50) $46,240 $47,328 +$1,088
75th Percentile (P75) $53,610 $54,872 +$1,262
90th Percentile (P90) $59,450 $60,849 +$1,399
Key Insight

Minnesota's cost of living is close to the national average, so $46,240 keeps most of its value at $47,328 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers (After Cost of Living)

Where does Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$50,214
RPP 88.4
2. Ohio
$50,120
RPP 91.5
3. Montana
$49,557
RPP 90.3
$49,263
RPP 92.3
$48,625
RPP 86.6
$48,552
RPP 105.0
$48,524
RPP 88.8
$48,265
RPP 93.4
9. Utah
$47,671
RPP 94.5
10. Minnesota
$47,328
RPP 97.7

Minnesota ranks #10 out of 48 states for Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers in Minnesota after cost of living?

A Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers in Minnesota earns a median salary of $46,240 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $47,328 — 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 Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers in Minnesota: $46,240 x (100 / 97.7) = $47,328. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers in Minnesota financially?

From a purchasing power perspective, yes. A Electrical, electronic, and electromechanical assemblers, except coil winders, tapers, and finishers 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.

Related Salary Pages