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Cost of hiring a bookkeeper in Minneapolis-St. Paul, MN-WI

Budget above the national rate here. The median bookkeeper in Minneapolis-St. Paul earned $57,790 a year in May 2025[1], 5.8% above the Minnesota statewide median of $54,600 and 14.1% above the US median of $50,670. Nationally that is #27 of 521 areas, in the top tenth. It is the largest market for the job in Minnesota: about 16,510 people.

$4,816median pay per month in Minneapolis-St. Paul
$6,880employer cost per month with benefits
$27.78median pay per hour
16,510people in this job in Minneapolis-St. Paul

BLS occupation 43-3031, 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$40,280$57,790$74,990
Minnesota$37,800$54,600$73,450
United States$36,000$50,670$74,550
10th to 90th percentilemiddle half (25th to 75th)median

The middle half of bookkeepers in Minneapolis-St. Paul earns $48,140–$63,280. Pay is tightly grouped: the top tenth starts at $74,990, only 1.9 times the bottom tenth, against 2.1 times across the US, so the going rate is easier to read. The mean ($57,230) is no higher than the median, so few high earners skew the figures here.

What to budget for a bookkeeper here

Point in the local rangePer yearPer monthPer hourEmployer cost per year
10th percentile$40,280$3,357$19.37$57,543
25th percentile$48,140$4,012$23.14$68,771
Median$57,790$4,816$27.78$82,557
75th percentile$63,280$5,273$30.42$90,400
90th percentile$74,990$6,249$36.05$107,129

An offer at the 75th percentile instead of the median adds $5,490 a year in pay and about $7,843 in employer cost. Going down to the 25th percentile saves $9,650 in pay. 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

At the $57,790 median, a local hire costs about $82,557 a year: benefits and payroll taxes are 30.0% of total compensation in US private industry[2], about $24,767 here. 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 bookkeepers 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].

$82,557local 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 #10 by median pay. Marketing Specialist is the highest at $97,910 and Virtual Receptionist the lowest at $38,000.

RoleMedianvs bookkeeperJobs
Marketing Specialist
$97,910
+69.4%16,760
Project Coordinator
$97,860
+69.3%15,450
Accountant
$86,500
+49.7%21,820
Recruiter
$80,330
+39.0%12,660
Executive Assistant
$80,030
+38.5%6,150
Office Manager
$78,410
+35.7%14,480
Sales Development Representative
$77,120
+33.4%14,070
Paralegal
$76,220
+31.9%5,990
Payroll Specialist
$63,060
+9.1%1,920
Bookkeeper
$57,790
this role16,510
HR Assistant
$56,670
-1.9%2,350
Administrative Assistant
$54,080
-6.4%19,180
Medical Administrative Assistant
$51,870
-10.2%8,920
E-commerce Order Specialist
$49,530
-14.3%620
Customer Support Specialist
$49,480
-14.4%38,630
Data Entry Specialist
$46,320
-19.8%920
Virtual Receptionist
$38,000
-34.2%8,780

Other areas in Minnesota

Across the 9 areas of Minnesota with data for this job, the median runs from $49,620 in the Southeast Minnesota nonmetro area to $58,350 in Rochester, a gap of $8,730 a year.

AreaMedianvs Minneapolis-St. PaulJobs
Rochester, MN
$58,350
+1.0%790
Minneapolis-St. Paul, MN-WI
$57,790
this area16,510
Mankato, MN
$50,750
-12.2%490
Duluth, MN-WI
$50,660
-12.3%1,080
St. Cloud, MN
$50,570
-12.5%880
Southwest Minnesota (Nonmetro)
$50,560
-12.5%1,300
Northwest Minnesota (Nonmetro)
$50,190
-13.2%2,050

Questions

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

About $82,557 a year at the median, or $6,880 a month: $57,790 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 do bookkeepers earn in Minneapolis-St. Paul?

The median was $57,790 a year in the May 2025 BLS survey. The 10th percentile was $40,280, the 90th $74,990, and the middle half earned $48,140 to $63,280.

Is Minneapolis-St. Paul cheaper than the rest of Minnesota for bookkeepers?

No, it costs more: a median of $57,790 against $54,600 statewide. Rochester pays the most ($58,350) and the Southeast Minnesota nonmetro area the least ($49,620).

How many bookkeepers work in Minneapolis-St. Paul?

BLS counts about 16,510 in the May 2025 survey.

Does a bookkeeper cost more than an HR assistant in Minneapolis-St. Paul?

Yes: $1,120 a year more at the median. The medians are $57,790 and $56,670.

Sources

  1. BLS OEWS May 2025, 43-3031: https://www.bls.gov/oes/current/oes433031.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.