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Paramedics Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Paramedics 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
$68,000
Median annual (2024)
+2.4%
Real Purchasing Power
$69,600
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 Paramedics earning $68,000 in Minnesota has the equivalent purchasing power of $69,600 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) $58,680 $60,061 +$1,381
25th Percentile (P25) $65,460 $67,001 +$1,541
Median (P50) $68,000 $69,600 +$1,600
75th Percentile (P75) $80,540 $82,436 +$1,896
90th Percentile (P90) $85,860 $87,881 +$2,021
Key Insight

Minnesota's cost of living is close to the national average, so $68,000 keeps most of its value at $69,600 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Paramedics (After Cost of Living)

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

$91,785
RPP 109.8
$73,621
RPP 108.8
$70,864
RPP 106.4
$69,600
RPP 97.7
5. Oregon
$68,836
RPP 106.6
6. Idaho
$68,235
RPP 91.8
$67,587
RPP 88.7
8. Utah
$67,121
RPP 94.5
9. Wyoming
$67,029
RPP 91.9
10. Alaska
$66,990
RPP 102.0

Minnesota ranks #4 out of 49 states for Paramedics after cost-of-living adjustment.

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Frequently Asked Questions

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

A Paramedics in Minnesota earns a median salary of $68,000 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $69,600 — 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 Paramedics in Minnesota: $68,000 x (100 / 97.7) = $69,600. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Paramedics in Minnesota financially?

From a purchasing power perspective, yes. A Paramedics 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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