Cost Estimator Salary in Minneapolis, MN
Cost Estimators in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn a median $82,440 a year — 5% more than the national median. After 2026 taxes, that is $62,744 take-home, or $5,229 a month.
Take-home pay calculator
Pre-filled with the median cost estimator salary in Minneapolis, MN. Enter your own offer to see your paycheck.
- Federal income tax$9,307
- Social Security (6.2%)$5,111
- Medicare (1.45%)$1,195
- Minnesota income tax$4,083
- Take-home pay$62,744
Marginal rate: 22% federal + 6.80% state
The Minneapolis-St. Paul-Bloomington, MN-WI metro spans Minnesota, Wisconsin. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Cost Estimator pay by experience in Minneapolis, MN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $59,710 | $28.71 | $47,620 | $3,968 |
| 25th percentile | $70,480 | $33.88 | $55,143 | $4,595 |
| Median (50th) | $82,440 | $39.63 | $62,744 | $5,229 |
| 75th percentile | $100,220 | $48.18 | $74,043 | $6,170 |
| 90th percentile (top earners) | $125,460 | $60.32 | $90,002 | $7,500 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Minnesota resident, 2026 tax rules.
What $82,440 buys in Minneapolis, MN
Prices in Minneapolis, MN are 4.8% higher than the U.S. average (housing costs are 1.12× the national average). Adjusted for local prices, a median cost estimator's $62,744 take-home pay has the buying power of $59,858 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Cost Estimator jobs are about as common in Minneapolis, MN as in the U.S. overall (location quotient 1.10).
Best-paying cities for cost estimators, adjusted for cost of living
Minneapolis, MN ranks #14 of 21 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Boston, MA | $102,640 | $76,125 | $70,313 |
| 2 | Seattle, WA | $94,490 | $75,304 | $67,760 |
| 3 | Denver, CO | $89,820 | $68,775 | $65,015 |
| 4 | Houston, TX | $78,200 | $63,844 | $64,731 |
| 5 | St. Louis, MO | $78,730 | $61,454 | $64,628 |
| 6 | San Francisco, CA | $101,630 | $73,784 | $63,819 |
| 7 | Atlanta, GA | $82,870 | $63,451 | $63,414 |
| 8 | Charlotte, NC | $77,990 | $61,093 | $62,757 |
| 14 | Minneapolis, MN | $82,440 | $62,744 | $59,858 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 21 metros →
About the job: cost estimators
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- Moderate-term on-the-job training
- Job outlook, 2025–35
- -3.1% (declining)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a cost estimator make in Minneapolis, MN?
The median cost estimator salary in the Minneapolis-St. Paul-Bloomington, MN-WI metro area is $82,440 a year, or about $39.63 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $70,480 and $100,220.
What is a cost estimator’s take-home pay in Minneapolis, MN?
On the median $82,440 salary, a single filer living in Minnesota takes home about $62,744 a year ($5,229 a month) after federal tax, Social Security, Medicare and $4,083 in Minnesota taxes in 2026.
Is Minneapolis, MN a good place to work as a cost estimator?
Pay here is 5% above the national median of $78,740. Local prices are 4.8% above the U.S. average, so the take-home pay buys what $59,858 would in a typical U.S. city. Minneapolis, MN ranks #14 of 21 metro areas for cost-of-living-adjusted pay in this job.
Can a cost estimator afford rent in Minneapolis, MN?
HUD’s fair market rent for a one-bedroom in Minneapolis, MN is $1,396 a month ($1,700 for two bedrooms) — 27% of a median cost estimator’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Minneapolis, MN
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- Compliance Officer — $91,150
- Accountant and Auditor — $86,500
- Logistician — $83,990
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- Human Resources Specialist — $80,330
- Business Operations Specialists, All Other — $79,690