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Truck Driver Salary in Minnesota: Cost of Living Adjusted (2024)

What does a Truck Driver 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
$61,090
Median annual (2024)
+2.4%
Real Purchasing Power
$62,528
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 Truck Driver earning $61,090 in Minnesota has the equivalent purchasing power of $62,528 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) $43,980 $45,015 +$1,035
25th Percentile (P25) $49,940 $51,115 +$1,175
Median (P50) $61,090 $62,528 +$1,438
75th Percentile (P75) $71,500 $73,183 +$1,683
90th Percentile (P90) $80,860 $82,763 +$1,903
Key Insight

Minnesota's cost of living is close to the national average, so $61,090 keeps most of its value at $62,528 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Truck Driver (After Cost of Living)

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

$66,482
RPP 88.7
2. Wyoming
$65,582
RPP 91.9
3. Indiana
$65,457
RPP 91.8
4. Montana
$65,404
RPP 90.3
$64,636
RPP 88.0
$64,521
RPP 89.8
7. Alaska
$63,617
RPP 102.0
8. Ohio
$63,475
RPP 91.5
9. Kansas
$63,266
RPP 90.0
10. Nevada
$63,174
RPP 96.4

Minnesota ranks #12 out of 50 states for Truck Driver after cost-of-living adjustment.

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Frequently Asked Questions

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

A Truck Driver in Minnesota earns a median salary of $61,090 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $62,528 — 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 Truck Driver in Minnesota: $61,090 x (100 / 97.7) = $62,528. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Truck Driver in Minnesota financially?

From a purchasing power perspective, yes. A Truck Driver 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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