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Nurse Practitioners Salary in Minnesota: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Nurse Practitioners salary really buy you in Minnesota?

Minnesota is 2.3% cheaper than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$133,260
Median annual (2025)
+2.4%
Real Purchasing Power
$136,397
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 Nurse Practitioners earning $133,260 in Minnesota has the equivalent purchasing power of $136,397 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) $98,950 $101,279 +$2,329
25th Percentile (P25) $111,750 $114,380 +$2,630
Median (P50) $133,260 $136,397 +$3,137
75th Percentile (P75) $155,260 $158,915 +$3,655
90th Percentile (P90) $170,140 $174,145 +$4,005
Key Insight

Minnesota's cost of living is close to the national average, so $133,260 keeps most of its value at $136,397 in real terms. Location choice here is more about career opportunities than cost arbitrage.

What the Cost-of-Living Data Says

Minnesota Sits Near the National Cost Benchmark

RPP 97.7

With an RPP of 97.7, Minnesota is within a few percent of the national cost-of-living baseline. Salary adjustment for Nurse Practitioners is therefore minor — what you earn is close to what you'd keep in real purchasing power.

Minor COL Adjustment for This Salary

+2.4%

After adjusting for Minnesota's cost of living, $133,260 nominal nets out to $136,397 in real purchasing power — a small 2.4% gain. The state's cost profile is close enough to average that COL alone shouldn't drive location decisions for this Nurse Practitioners.

Below-Median Adjusted Pay

#30 / 51

Minnesota's rank of #30 of 51 states means real purchasing power for Nurse Practitioners trails the national half-way line.

Best States for Nurse Practitioners (After Cost of Living)

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

1. Alaska
$152,127
RPP 102.0
2. Montana
$151,949
RPP 90.3
$151,120
RPP 91.0
$150,213
RPP 88.8
$149,795
RPP 112.5
6. Iowa
$147,239
RPP 88.4
$147,138
RPP 89.8
$146,640
RPP 88.7
$146,424
RPP 108.8
$146,409
RPP 88.0

Minnesota ranks #30 out of 51 states for Nurse Practitioners after cost-of-living adjustment.

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

Frequently Asked Questions

What is the real salary for a Nurse Practitioners in Minnesota after cost of living?

A Nurse Practitioners in Minnesota earns a median salary of $133,260 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $136,397 — 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 Nurse Practitioners in Minnesota: $133,260 x (100 / 97.7) = $136,397. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Nurse Practitioners in Minnesota financially?

From a purchasing power perspective, yes. A Nurse Practitioners 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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