Paycheck Atlas

Is $60k a good salary in Minneapolis, MN?

tight A $60k salary is 40% below the median household income here ($99,833). After tax you take home about $3,859 a month, and median rent ($1,440) takes 37% of that.

$46,310 take-home a year
Gross pay$60,000
Federal income tax−$5,020
Social Security + Medicare−$4,590
Minnesota income tax (approx.)−$4,080
Monthly take-home$3,859
Every two weeks$1,781
$57,240What $60k buys in Minneapolis, MN, expressed in average-US prices (price level 104.8).
37%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $60k in Minneapolis, MN

Other salaries in Minneapolis, MN

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.