Software Engineer Salary in Minneapolis, MN (2026)
Median Software Engineer salary in Minneapolis is approximately $129,000/year — 4.0% above the US national average.
Salary breakdown — Minneapolis
After-tax estimate
| City | Cost mult. | Estimated annual | vs Minneapolis |
|---|---|---|---|
| Las Vegas, NV | 1.04× | $129,000 | +$0 |
| Plano, TX | 1.04× | $129,000 | +$0 |
| Chandler, AZ | 1.04× | $129,000 | +$0 |
| Chicago, IL | 1.05× | $130,200 | +$1,200 |
| Austin, TX | 1.05× | $130,200 | +$1,200 |
Software Engineer salaries in Minneapolis, MN
The estimated median Software Engineer salary in Minneapolis, Minnesota is $129,000/year, working out to approximately $62/hour at full-time, $4,962 per biweekly paycheck, or $10,750/month before taxes. Minneapolis's cost-of-living multiplier of 1.04× national reflects local prices, housing costs, and employer concentration in this metro area.
Compared to the Minnesota state average for this role ($124,000), Minneapolis pays about $5,000 more. This typically reflects how the metro area's cost of living and employer density differ from the state as a whole.
Take-home pay in Minneapolis
Of the gross $129,000, you take home roughly $94,622 after:
- Federal income tax (~14% effective at this income)
- FICA — Social Security 6.2% + Medicare 1.45% = 7.65%
- Minnesota state income tax (~5% effective)
- Minneapolis has no local income tax
That works out to about $7,885/month after-tax — useful for budgeting rent (typically 25–35% of net income), savings (15–20% target), and other expenses. For an exact calculation including 401(k), HSA, and your filing status, use our Minneapolis Paycheck Calculator.
What affects your actual pay
- Experience: entry-level often 25–35% below median; senior roles 40–60%+ above.
- Specific employer: top-tier employers in Minneapolis pay 10–25% above market for the same role.
- Industry: a Software Engineer at a tech company in Minneapolis typically out-earns one at a non-tech employer.
- Negotiation: simply negotiating an offer can shift comp by 5–15%.
- Education and credentials: degrees and licenses (especially for healthcare, legal, engineering) can move comp by 15–30%.
- Remote vs in-office: many Minneapolis employers now base pay on cost of living, with remote workers in cheaper metros paid less.
Related calculators
Software Engineer Salary in Minnesota — state-level average. Salary Calculator — convert hourly ↔ annual. Minneapolis Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Investment Calculator — long-term portfolio growth.