What salary do you need to live in Minneapolis, MN?
For a single person: about $68,000/year before taxes to live comfortably. That's the gross income whose MN-taxed take-home covers roughly $1,420 rent plus everyday essentials, with a 20% cushion for savings. Figures include 2025 federal tax, FICA, and an effective 5.3% Minnesota income tax.
Single person — est. essentials $3,650/mo
Tight
take-home covers $3,650/mo
$55,500/yr
Comfortable
take-home covers $4,380/mo
$68,000/yr
Thriving
take-home covers $5,475/mo
$88,000/yr
2-person household — est. essentials $4,960/mo
Tight
take-home covers $4,960/mo
$74,000/yr
Comfortable
take-home covers $5,952/mo
$89,500/yr
Thriving
take-home covers $7,440/mo
$113,500/yr
3-person household — est. essentials $5,992/mo
Tight
take-home covers $5,992/mo
$90,500/yr
Comfortable
take-home covers $7,190/mo
$109,500/yr
Thriving
take-home covers $8,988/mo
$140,000/yr
4-person household — est. essentials $6,903/mo
Tight
take-home covers $6,903/mo
$105,000/yr
Comfortable
take-home covers $8,284/mo
$127,000/yr
Thriving
take-home covers $10,355/mo
$165,000/yr
How we calculate this
Essentials = typical rent ($1,420) + a national non-housing baseline by household size ($2,450 for one person) + Minnesota's combined sales tax on the taxable share of that spending. We then solve for the gross salary whose after-tax take-home hits each tier. Local income taxes and property taxes aren't modeled — see the methodology.
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