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Financial and Investment Analysts Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Financial and Investment Analysts 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
$102,800
Median annual (2024)
+2.4%
Real Purchasing Power
$105,220
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 Financial and Investment Analysts earning $102,800 in Minnesota has the equivalent purchasing power of $105,220 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) $66,730 $68,300 +$1,570
25th Percentile (P25) $80,330 $82,221 +$1,891
Median (P50) $102,800 $105,220 +$2,420
75th Percentile (P75) $127,410 $130,409 +$2,999
90th Percentile (P90) $161,340 $165,138 +$3,798
Key Insight

Minnesota's cost of living is close to the national average, so $102,800 keeps most of its value at $105,220 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Financial and Investment Analysts (After Cost of Living)

Where does Financial and Investment Analysts salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Wyoming
$232,796
RPP 91.9
$117,639
RPP 107.6
$108,513
RPP 94.2
4. Alabama
$107,813
RPP 87.8
5. Montana
$106,301
RPP 90.3
$105,220
RPP 97.7
7. Ohio
$102,393
RPP 91.5
$101,890
RPP 102.1
$101,193
RPP 98.0
10. Oregon
$101,013
RPP 106.6

Minnesota ranks #6 out of 49 states for Financial and Investment Analysts after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial and Investment Analysts in Minnesota after cost of living?

A Financial and Investment Analysts in Minnesota earns a median salary of $102,800 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $105,220 — 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 Financial and Investment Analysts in Minnesota: $102,800 x (100 / 97.7) = $105,220. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial and Investment Analysts in Minnesota financially?

From a purchasing power perspective, yes. A Financial and Investment Analysts 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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