Job Salary Guide ยท 2026
Electrical Engineer Salary After Tax in Minneapolis
Based on BLS OEWS data ยท MN ยท Single filer
Electrical Engineer Salary Range
25th Percentile
$82,000
Take-home:
$60,957
$5,080/mo
Entry to mid-level
Median
$105,000
Take-home:
$75,563
$6,297/mo
Typical salary
75th Percentile
$132,000
Take-home:
$92,165
$7,680/mo
Senior / specialist
Tax Breakdown
At median salary of $105,000
Cost of Living in Minneapolis
1BR Monthly Rent
$1,600/mo
2BR Monthly Rent
$2,050/mo
COL Index
1.17
Comfortable Rent Max
$1,574/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $6,297 ($75,564/yr)
$3,149
per month
- โบRent / mortgage
- โบGroceries
- โบUtilities
- โบInsurance
- โบMinimum debt payments
- โบTransportation
$1,889
per month
- โบDining out
- โบStreaming services
- โบGym
- โบHobbies
- โบTravel
- โบShopping
$1,259
per month
- โบEmergency fund
- โบ401(k) / IRA
- โบInvestments
- โบDown payment fund
- โบDebt payoff (extra)
Needs / year
$37,782
Wants / year
$22,669
Savings / year
$15,113
Electrical Engineer Salary in Other Cities
Frequently Asked Questions
What is the average Electrical Engineer salary in Minneapolis?
The median Electrical Engineer salary in Minneapolis (MN) is $105,000 per year based on BLS OEWS data. The 25th percentile is $82,000 and the 75th percentile is $132,000.
What is the take-home pay for a Electrical Engineer in Minneapolis?
At the median salary of $105,000, a Electrical Engineer in MN takes home approximately $75,563 per year ($6,297/month) after federal and state taxes. The effective tax rate is 28.04%.
Can a Electrical Engineer afford rent in Minneapolis?
The average 1-bedroom rent in Minneapolis is $1,600/month. On the median Electrical Engineer salary, your rent-to-income ratio is 25.4%, which is "Moderate". Financial experts recommend keeping rent below 25โ30% of take-home pay ($1,574/month at this salary).
How does cost of living affect Electrical Engineer salaries in Minneapolis?
Minneapolis has a cost-of-living index of 1.17 (1.00 = national average). Minneapolis is 17% more expensive than the US average, which reduces the real purchasing power of the Electrical Engineer salary.