Bank Teller Salary in Minneapolis, MN β 2026 Guide
Estimated salaries are adjusted for Minneapolis's cost of living (index: 105). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Bank Teller Salary in Minneapolis β Key Numbers
Cost of Living in Minneapolis
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ is affordable; above 5Γ is expensive by traditional guidelines.
Job Market in Minneapolis
Minneapolis has a metro population of 3,730,000, offering a large, diverse job market with many employers across all industries. The 3.3% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.
Financial Calculators for Minneapolis
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Frequently Asked Questions
How much does a Bank Teller make in Minneapolis, MN?
The estimated median salary for a Bank Teller in Minneapolis is $39,942 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Minneapolis's cost of living index (105). The typical salary range runs from $34,860 (25th percentile) to $46,715 (75th percentile), with top earners reaching $55,010.
Is Minneapolis affordable for a Bank Teller?
On a $39,942 annual salary, a Bank Teller in Minneapolis would spend approximately 33.5% of gross monthly income on median rent ($1,114/month). This is approaching the 30β35% cost-burden threshold; careful budgeting is recommended. The median home price of $330,000 is 8.3Γ the annual salary.
How does a Bank Teller's salary compare to Minneapolis's overall income?
Minneapolis's median household income is $80,600. A Bank Teller earning the city-adjusted median of $39,942 earns 50.4% less than the typical Minneapolis household income. This may reflect that the profession is entry-level or that Minneapolis has a particularly high median household income due to high-earning industries.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024β2025). Last updated: March 2026.