Electrical Engineers Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Electrical Engineers 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
$103,330
Median annual (2024)
+2.4%
Real Purchasing Power
$105,762
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 Engineers earning $103,330 in Minnesota has the equivalent purchasing power of $105,762 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) $74,530 $76,284 +$1,754
25th Percentile (P25) $83,110 $85,066 +$1,956
Median (P50) $103,330 $105,762 +$2,432
75th Percentile (P75) $133,060 $136,192 +$3,132
90th Percentile (P90) $159,850 $163,613 +$3,763
Key Insight

Minnesota's cost of living is close to the national average, so $103,330 keeps most of its value at $105,762 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Electrical Engineers (After Cost of Living)

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

$149,318
RPP 91.0
2. Idaho
$129,782
RPP 91.8
$123,773
RPP 107.6
$123,680
RPP 112.5
5. Iowa
$120,780
RPP 88.4
6. Alabama
$120,250
RPP 87.8
$118,635
RPP 88.7
$115,482
RPP 109.8
$114,689
RPP 109.4
10. Maryland
$114,514
RPP 105.0

Minnesota ranks #33 out of 50 states for Electrical Engineers after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

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

Frequently Asked Questions

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

A Electrical Engineers in Minnesota earns a median salary of $103,330 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $105,762 — 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 Engineers in Minnesota: $103,330 x (100 / 97.7) = $105,762. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Electrical Engineers in Minnesota financially?

From a purchasing power perspective, yes. A Electrical Engineers 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

Explore More in Minnesota

Related Analysis
Electrical Engineers Salary After-Tax Take-Home Pay Cost of Living Adjusted
Rankings
Highest Paying Jobs Jobs Over $100K Average Salary All Jobs in Minnesota
Cities in Minnesota
Minneapolis St. Paul Rochester Bloomington
Colleges in Minnesota
Walden University Academy College Alexandria Technical & Community College Anoka Technical College