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Registered Nurse Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Registered Nurse 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
$100,870
Median annual (2024)
+2.4%
Real Purchasing Power
$103,244
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 Registered Nurse earning $100,870 in Minnesota has the equivalent purchasing power of $103,244 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) $75,830 $77,615 +$1,785
25th Percentile (P25) $83,730 $85,701 +$1,971
Median (P50) $100,870 $103,244 +$2,374
75th Percentile (P75) $110,400 $112,998 +$2,598
90th Percentile (P90) $128,200 $131,218 +$3,018
Key Insight

Minnesota's cost of living is close to the national average, so $100,870 keeps most of its value at $103,244 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Registered Nurse (After Cost of Living)

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

$124,737
RPP 112.5
2. Hawaii
$123,032
RPP 110.8
3. Oregon
$116,313
RPP 106.6
4. Alaska
$108,519
RPP 102.0
5. Nevada
$105,798
RPP 96.4
$103,244
RPP 97.7
$102,167
RPP 109.8
$98,141
RPP 107.6
$96,989
RPP 91.0
10. Arizona
$96,986
RPP 99.9

Minnesota ranks #6 out of 50 states for Registered Nurse after cost-of-living adjustment.

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Frequently Asked Questions

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

A Registered Nurse in Minnesota earns a median salary of $100,870 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $103,244 — 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 Registered Nurse in Minnesota: $100,870 x (100 / 97.7) = $103,244. This represents what the salary would be worth in a state with average living costs.

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

From a purchasing power perspective, yes. A Registered Nurse 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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