Minnesota

Living wage in Minneapolis, Minnesota

Most of Minneapolis is in Hennepin County, where a full-time job needs to pay at least $45.53 an hour before taxes to take home four times the typical studio rent.

Pay needed, before taxes$45.53/hrHennepin County standard
At Minneapolis's middle rent$43.35/hrstudio rent $1,310 a month
Check a job's pay hereAll the numbers for Hennepin County

Across the 57 ZIP codes in Minneapolis with HUD rent figures, studio rents run from $1,120 to $1,900 a month. At the middle rent, $1,310, a full-time job would need to pay $43.35 an hour before taxes.

Parts of Minneapolis are also in Anoka County.

ZIP codes in Minneapolis

What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.

ZIPCountyStudio rentPay needed
55401Hennepin County$1,900/mo$66.86/hr
55402Hennepin County$1,490/mo$50.48/hr
55403Hennepin County$1,280/mo$42.16/hr
55404Hennepin County$1,190/mo$38.60/hr
55405Hennepin County$1,120/mo$35.83/hr
55406Hennepin County$1,250/mo$40.97/hr
55407Hennepin County$1,140/mo$36.62/hr
55408Hennepin County$1,440/mo$48.50/hr
55409Hennepin County$1,200/mo$38.99/hr
55410Hennepin County$1,490/mo$50.48/hr
55411Hennepin County$1,230/mo$40.18/hr
55412Hennepin County$1,290/mo$42.56/hr
55413Hennepin County$1,420/mo$47.71/hr
55414Hennepin County$1,240/mo$40.58/hr
55415Hennepin County$1,750/mo$60.78/hr
55416Hennepin County$1,660/mo$57.22/hr
55417Hennepin County$1,250/mo$40.97/hr
55418Hennepin County$1,350/mo$44.94/hr
55419Hennepin County$1,370/mo$45.73/hr
55420Hennepin County$1,160/mo$37.41/hr
55421Anoka County$1,170/mo$37.81/hr
55422Hennepin County$1,380/mo$46.12/hr
55423Hennepin County$1,270/mo$41.77/hr
55424Hennepin County$1,670/mo$57.61/hr
55425Hennepin County$1,340/mo$44.54/hr
55426Hennepin County$1,340/mo$44.54/hr
55427Hennepin County$1,300/mo$42.96/hr
55428Hennepin County$1,150/mo$37.01/hr
55429Hennepin County$1,120/mo$35.83/hr
55430Hennepin County$1,210/mo$39.39/hr
55431Hennepin County$1,520/mo$51.67/hr
55432Anoka County$1,170/mo$37.81/hr
55433Anoka County$1,250/mo$40.97/hr
55434Anoka County$1,530/mo$52.07/hr
55435Hennepin County$1,550/mo$52.86/hr
55436Hennepin County$1,590/mo$54.44/hr
55437Hennepin County$1,420/mo$47.71/hr
55438Hennepin County$1,360/mo$45.33/hr
55439Hennepin County$1,450/mo$48.90/hr
55440Hennepin County$1,310/mo$43.35/hr
55441Hennepin County$1,380/mo$46.12/hr
55442Hennepin County$1,610/mo$55.24/hr
55443Hennepin County$1,150/mo$37.01/hr
55444Hennepin County$1,270/mo$41.77/hr
55445Hennepin County$1,820/mo$63.56/hr
55446Hennepin County$1,670/mo$57.61/hr
55447Hennepin County$1,490/mo$50.48/hr
55448Anoka County$1,510/mo$51.27/hr
55449Anoka County$1,530/mo$52.07/hr
55450Hennepin County$1,170/mo$37.81/hr
55454Hennepin County$1,120/mo$35.83/hr
55455Hennepin County$1,140/mo$36.62/hr
55458Hennepin County$1,310/mo$43.35/hr
55474Hennepin County$1,310/mo$43.35/hr
55479Hennepin County$1,310/mo$43.35/hr
55480Hennepin County$1,310/mo$43.35/hr
55487Hennepin County$1,310/mo$43.35/hr

Questions

How much do you need to make to live in Minneapolis, Minnesota?

Under the Four Times Rent standard, a full-time job in Minneapolis needs to pay at least $45.53 an hour before taxes, about $94,703 a year. That is the figure for Hennepin County, where the typical studio rent is $1,365 a month.

Does it vary by neighborhood?

Yes. Across the 57 ZIP codes in Minneapolis with HUD rent figures, studio rents run from $1,120 to $1,900 a month. At the middle rent of $1,310, the pay needed would be $43.35 an hour.

How does that compare with the minimum wage?

The minimum wage in Hennepin County is $11.41 an hour. The Four Times Rent standard there is 4.0 times that.

The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads