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Cost of hiring an accountant in Minneapolis-St. Paul, MN-WI

Minneapolis-St. Paul is the most expensive place in Minnesota to hire an accountant. The median is $86,500 a year[1], 6.0% above the Minnesota statewide median of $81,600 and 3.4% above the US median of $83,680. Only 49 of 521 US areas pay more for this job. With about 21,820 accountants, no area in Minnesota employs more.

$7,208median pay per month in Minneapolis-St. Paul
$10,298employer cost per month with benefits
$41.59median pay per hour
21,820people in this job in Minneapolis-St. Paul

BLS occupation 13-2011, area Minneapolis-St. Paul-Bloomington, MN-WI. Data from the May 2025 release, checked 2026-10-15.

Pay in Minneapolis-St. Paul against Minnesota and the US

Range10thMedian90th
Minneapolis-St. Paul, MN-WI$61,940$86,500$145,710
Minnesota$58,280$81,600$138,960
United States$56,020$83,680$144,090
10th to 90th percentilemiddle half (25th to 75th)median

Accountants at the 90th percentile earn $145,710, 2.4 times the 10th percentile; the US ratio is 2.6. The middle half of accountants in Minneapolis-St. Paul earns $73,900–$110,290. The mean ($96,710) is 12% over the median, so a group of high earners pulls the average up; price a typical hire from the median.

What to budget for an accountant here

Point in the local rangePer yearPer monthPer hourEmployer cost per year
10th percentile$61,940$5,162$29.78$88,486
25th percentile$73,900$6,158$35.53$105,571
Median$86,500$7,208$41.59$123,571
75th percentile$110,290$9,191$53.02$157,557
90th percentile$145,710$12,142$70.05$208,157

The step from the 25th percentile to the median is $12,600 a year; from the median to the 75th it is $23,790, or about $33,986 once benefits are added. These percentiles describe what people in the job earn locally, not experience levels, so place your offer by the tasks and seniority you need.

What a hire really costs in Minneapolis-St. Paul

Pay is only part of it. Benefits and payroll taxes are 30.0% of total compensation in US private industry[2], which adds about $37,071 to the $86,500 median and brings it to $123,571 a year. Recruiting, equipment and office space come on top. Benefit levels vary by employer, so treat this as an estimate.

We place executive assistants, customer support and e-commerce staff today; for accountants we answer within one business day whether we can help. Enter the monthly pay you have in mind to compare it with a local hire. The fee field shows our standard fee[3]; Deel's contractor plan is the default payroll tool[4].

$123,571local hire, first year incl. benefits
-remote hire, first year incl. fee
-difference in year one
-of the local cost saved

Other roles in Minneapolis-St. Paul

Of the 17 roles we track in Minneapolis-St. Paul, this one ranks #3 by median pay. Marketing Specialist is the highest at $97,910 and Virtual Receptionist the lowest at $38,000.

RoleMedianvs accountantJobs
Marketing Specialist
$97,910
+13.2%16,760
Project Coordinator
$97,860
+13.1%15,450
Accountant
$86,500
this role21,820
Recruiter
$80,330
-7.1%12,660
Executive Assistant
$80,030
-7.5%6,150
Office Manager
$78,410
-9.4%14,480
Sales Development Representative
$77,120
-10.8%14,070
Paralegal
$76,220
-11.9%5,990
Payroll Specialist
$63,060
-27.1%1,920
Bookkeeper
$57,790
-33.2%16,510
HR Assistant
$56,670
-34.5%2,350
Administrative Assistant
$54,080
-37.5%19,180
Medical Administrative Assistant
$51,870
-40.0%8,920
E-commerce Order Specialist
$49,530
-42.7%620
Customer Support Specialist
$49,480
-42.8%38,630
Data Entry Specialist
$46,320
-46.5%920
Virtual Receptionist
$38,000
-56.1%8,780

Other areas in Minnesota

Across the 9 areas of Minnesota with data for this job, the median runs from $73,830 in the Northwest Minnesota nonmetro area to $86,500 in Minneapolis-St. Paul, a gap of $12,670 a year.

AreaMedianvs Minneapolis-St. PaulJobs
Minneapolis-St. Paul, MN-WI
$86,500
this area21,820
Rochester, MN
$83,960
-2.9%760
Southeast Minnesota (Nonmetro)
$78,450
-9.3%990
St. Cloud, MN
$77,720
-10.2%800
Duluth, MN-WI
$77,400
-10.5%940
Northeast Minnesota (Nonmetro)
$77,210
-10.7%260
Southwest Minnesota (Nonmetro)
$76,840
-11.2%930

Questions

How much does it cost to hire an accountant in Minneapolis-St. Paul, MN-WI?

About $123,571 a year at the median, or $10,298 a month: $86,500 in pay plus benefits and payroll taxes at the 30% share of total compensation in US private industry (June 2026). Recruiting, equipment and office space are extra.

What is the pay range for accountants in Minneapolis-St. Paul?

The median was $86,500 a year in the May 2025 BLS survey. The 10th percentile was $61,940, the 90th $145,710, and the middle half earned $73,900 to $110,290.

Is Minneapolis-St. Paul the most expensive area in Minnesota for accountants?

Yes. Its median of $86,500 is the highest of 9 areas in Minnesota. Rochester comes next at $83,960.

How many accountants work in Minneapolis-St. Paul?

BLS counts about 21,820 in the May 2025 survey.

Does an accountant cost more than a recruiter in Minneapolis-St. Paul?

Yes: $6,170 a year more at the median. The medians are $86,500 and $80,330.

Sources

  1. BLS OEWS May 2025, 13-2011: https://www.bls.gov/oes/current/oes132011.htm
  2. BLS Employer Costs for Employee Compensation, private industry, June 2026: https://www.bls.gov/news.release/ecec.nr0.htm
  3. Silkstaff pricing: https://silkstaff.com/#pricing
  4. Deel pricing, contractor management: https://www.deel.com/pricing/

How these pages are built: methodology and data sources. Last updated 2026-11-06.