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

What does a Veterinarians 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 2026-04-02

Nominal Salary
$105,850
Median annual (2024)
+2.4%
Real Purchasing Power
$108,341
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 Veterinarians earning $105,850 in Minnesota has the equivalent purchasing power of $108,341 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) $80,490 $82,384 +$1,894
25th Percentile (P25) $94,320 $96,540 +$2,220
Median (P50) $105,850 $108,341 +$2,491
75th Percentile (P75) $124,820 $127,758 +$2,938
90th Percentile (P90) $154,150 $157,778 +$3,628
Key Insight

Minnesota's cost of living is close to the national average, so $105,850 keeps most of its value at $108,341 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Veterinarians (After Cost of Living)

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

1. Idaho
$138,594
RPP 91.8
2. Arizona
$137,747
RPP 99.9
$137,387
RPP 89.2
$137,339
RPP 93.6
$131,942
RPP 94.2
$128,812
RPP 91.8
7. Texas
$128,235
RPP 97.5
8. Maine
$127,222
RPP 100.8
9. Florida
$127,208
RPP 102.1
$126,341
RPP 104.7

Minnesota ranks #38 out of 48 states for Veterinarians after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Veterinarians in Minnesota earns a median salary of $105,850 per year. After adjusting for Minnesota's cost of living (RPP=97.7), the real purchasing power is $108,341 — 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 Veterinarians in Minnesota: $105,850 x (100 / 97.7) = $108,341. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Veterinarians in Minnesota financially?

From a purchasing power perspective, yes. A Veterinarians 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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Rankings
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Cities in Minnesota
Minneapolis St. Paul Rochester Bloomington
Colleges in Minnesota
Walden University Academy College Alexandria Technical & Community College Anoka Technical College