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Accounting Degree in Minneapolis, MN — Salary & ROI 2026

Accounting degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$60K

COL-adjusted

Mid-Career

$87K

COL-adjusted

ROI Payback

4.2 yrs

in Minneapolis

Cost of Living

97

index (100 = avg)

Accounting in Minneapolis, MN Overview

Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Accounting programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Accounting enrollment is stable nationwide, with steady demand for graduates skilled in Financial Reporting and Tax Preparation. The adjusted starting salary in Minneapolis is approximately $60,140.

Category

Business

Local Colleges

15

Public Tuition

$15,142/yr

Private Tuition

$45,823/yr

Room & Board

$12,394/yr

Avg Fin. Aid

$14,033/yr

Unemployment

4.4%

Graduation Rate

61%

Accounting Salary in Minneapolis (COL-Adjusted)

Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).

Entry Level (0-2 yrs)
$60,140($-1,860 vs national)
Mid Career (5-9 yrs)
$87,300($-2,700 vs national)
Senior Level (15+ yrs)
$111,550($-3,450 vs national)

Note: National average Accounting salary: $62,000 starting, $90,000 mid-career, $115,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.

Accounting ROI Calculator for Minneapolis

Estimate your return on investment for a Accounting degree using local Minneapolis tuition and cost of living data.

Public avg: $15,142 | Private avg: $45,823

Minneapolis avg aid: $14,033/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$110,144

tuition + room & board - aid

Annual Earnings Premium

$26,190

vs HS diploma in Minneapolis

ROI Payback Period

4.2 years

to break even

Lifetime Return in Minneapolis

$617,356

Lifetime earnings premium ($727,500) minus total education cost ($110,144)

Student Loan Payoff for Accounting in Minneapolis

Standard Plan (10 years)

Loan Amount$110,144
Monthly Payment$1,251
Total Interest$39,936
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$110,144
Monthly Payment$2,155
Total Interest$19,162
Interest Savings$20,774

Colleges in Minneapolis for Accounting

University of Minnesota

public

$15,142/yr

$60,568 total

University of St. Thomas

private

$49,716/yr

$198,864 total

Augsburg University

private

$41,930/yr

$167,720 total

Community Colleges (2-Year Transfer)

Minneapolis College

$5,772/yr

Top Employers for Accounting in Minneapolis

Minneapolis offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Accounting graduates. National top employers in this field include:

DeloittePwCEYKPMGGrant Thornton

Key Minneapolis Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Accounting Job Titles

AccountantAuditorTax SpecialistCPA

Accounting Degree in Minneapolis — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Accounting ROI in other cities, or explore other majors in Minneapolis.

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