Economics Degree in Minneapolis, MN — Salary & ROI 2026
Economics degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$63K
COL-adjusted
Mid-Career
$97K
COL-adjusted
ROI Payback
3.8 yrs
in Minneapolis
Cost of Living
97
index (100 = avg)
Economics in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Economics programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Minneapolis is approximately $63,050, growing to $97,000 by mid-career.
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%
Economics Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
Economics ROI Calculator for Minneapolis
Estimate your return on investment for a Economics 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
$29,100
vs HS diploma in Minneapolis
ROI Payback Period
3.8 years
to break even
Lifetime Return in Minneapolis
$714,356
Lifetime earnings premium ($824,500) minus total education cost ($110,144)
Student Loan Payoff for Economics in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for Economics
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 Economics in Minneapolis
Minneapolis offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Minneapolis Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Minnesota Cities
Saint Paul, MN
$66K starting · COL 101.5
11 colleges
St. Paul, MN
$70K starting · COL 108
20 colleges
Rochester, MN
$68K starting · COL 105
8 colleges
Duluth, MN
$65K starting · COL 100
5 colleges
Bloomington, MN
$65K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$64K starting · COL 98.8
4 colleges
Plymouth, MN
$70K starting · COL 107.3
4 colleges
Maple Grove, MN
$70K starting · COL 107.4
4 colleges
Other Business Majors in Minneapolis
Business Analytics
$76K starting · 2 yr ROI
Finance
$68K starting · 3.5 yr ROI
Information Systems
$49K starting · 3.3 yr ROI
Supply Chain Management
$49K starting · 3.5 yr ROI
Operations Management
$49K starting · 3.8 yr ROI
Accounting
$60K starting · 3.8 yr ROI
Real Estate
$49K starting · 4 yr ROI
Business Administration
$56K starting · 4.2 yr ROI
Economics 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 Economics ROI in other cities, or explore other majors in Minneapolis.