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Training and Development Managers Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Training and Development Managers 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
$121,370
Median annual (2024)
+2.4%
Real Purchasing Power
$124,227
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 Training and Development Managers earning $121,370 in Minnesota has the equivalent purchasing power of $124,227 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) $75,030 $76,796 +$1,766
25th Percentile (P25) $96,760 $99,037 +$2,277
Median (P50) $121,370 $124,227 +$2,857
75th Percentile (P75) $164,020 $167,881 +$3,861
90th Percentile (P90) $202,820 $207,594 +$4,774
Key Insight

Minnesota's cost of living is close to the national average, so $121,370 keeps most of its value at $124,227 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Training and Development Managers (After Cost of Living)

Where does Training and Development Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$168,724
RPP 98.0
$153,392
RPP 107.6
$139,310
RPP 108.8
$138,199
RPP 109.4
$137,840
RPP 112.5
$137,227
RPP 88.0
$136,758
RPP 102.1
8. Kansas
$136,055
RPP 90.0
$135,173
RPP 109.8
10. Colorado
$134,408
RPP 102.3

Minnesota ranks #18 out of 48 states for Training and Development Managers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Training and Development Managers in Minnesota after cost of living?

A Training and Development Managers in Minnesota earns a median salary of $121,370 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $124,227 — 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 Training and Development Managers in Minnesota: $121,370 x (100 / 97.7) = $124,227. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Training and Development Managers in Minnesota financially?

From a purchasing power perspective, yes. A Training and Development Managers 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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