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Journalism Degree in Minneapolis, MN — Salary & ROI 2026

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

Starting Salary

$43K

COL-adjusted

Mid-Career

$60K

COL-adjusted

ROI Payback

12.6 yrs

in Minneapolis

Cost of Living

97

index (100 = avg)

Journalism in Minneapolis, MN Overview

Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Journalism programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Although national enrollment in Journalism has been declining, graduates with skills in Reporting and Investigative Journalism remain competitive in the job market. The adjusted starting salary in Minneapolis is approximately $42,680.

Category

Communications

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%

Journalism Salary in Minneapolis (COL-Adjusted)

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

Entry Level (0-2 yrs)
$42,680($-1,320 vs national)
Mid Career (5-9 yrs)
$60,140($-1,860 vs national)
Senior Level (15+ yrs)
$75,660($-2,340 vs national)

Note: National average Journalism salary: $44,000 starting, $62,000 mid-career, $78,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.

Journalism ROI Calculator for Minneapolis

Estimate your return on investment for a Journalism 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

$8,730

vs HS diploma in Minneapolis

ROI Payback Period

12.6 years

to break even

Lifetime Return in Minneapolis

$161,456

Lifetime earnings premium ($271,600) minus total education cost ($110,144)

Student Loan Payoff for Journalism in Minneapolis

Standard Plan (10 years)

Loan Amount$110,144
Monthly Payment$1,251
Total Interest$39,936
% of Monthly Income35%

Aggressive Plan (5 years)

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

Colleges in Minneapolis for Journalism

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 Journalism in Minneapolis

Minneapolis offers opportunities in Media companies, PR agencies, Tech companies for Journalism graduates. National top employers in this field include:

New York TimesWashington PostReutersCNNAP

Key Minneapolis Hiring Sectors for Communications

Media companies

PR agencies

Tech companies

Marketing firms

Publishing

Common Journalism Job Titles

ReporterEditorNews ProducerInvestigative Journalist

Journalism 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 Journalism ROI in other cities, or explore other majors in Minneapolis.

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