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Project Manager 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.

Project Manager Salary in Minneapolis β€” Key Numbers

$103,509
Median Salary
$77,238
25th Percentile
$138,821
75th Percentile
$176,400
90th Percentile
National median (Project Manager)$98,580
vs. National median+5.0%
Minneapolis median household income$80,600
vs. City household income+28.4%

Cost of Living in Minneapolis

Cost of Living Index
105(100 = avg)
Median Monthly Rent$1,114/mo
Rent-to-Income Ratio12.9%
Annual rent cost$13,368
Median Home Price$330,000
Home Price / Salary3.2Γ—
20% Down Payment$66,000
Years to save (20% rate)3.2 yrs

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

3.3%
Unemployment Rate
3,730,000
Metro Population
25 min
Avg Commute
36.1
Median Age

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.

Frequently Asked Questions

How much does a Project Manager make in Minneapolis, MN?

The estimated median salary for a Project Manager in Minneapolis is $103,509 per year (2026). This is derived from the national BLS median of $98,580 adjusted by Minneapolis's cost of living index (105). The typical salary range runs from $77,238 (25th percentile) to $138,821 (75th percentile), with top earners reaching $176,400.

Is Minneapolis affordable for a Project Manager?

On a $103,509 annual salary, a Project Manager in Minneapolis would spend approximately 12.9% of gross monthly income on median rent ($1,114/month). This is well within the 28% affordability threshold, making Minneapolis relatively affordable for this profession. The median home price of $330,000 is 3.2Γ— the annual salary.

How does a Project Manager's salary compare to Minneapolis's overall income?

Minneapolis's median household income is $80,600. A Project Manager earning the city-adjusted median of $103,509 earns 28.4% more than the typical Minneapolis household β€” placing them solidly in the middle-to-upper income tier for the city.

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 (2024–2025). Last updated: March 2026.