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Respiratory Therapy Degree in Minneapolis, MN — Salary & ROI 2026

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

Starting Salary

$49K

COL-adjusted

Mid-Career

$66K

COL-adjusted

ROI Payback

7.6 yrs

in Minneapolis

Cost of Living

97

index (100 = avg)

Respiratory Therapy in Minneapolis, MN Overview

Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Respiratory Therapy programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Respiratory Therapy has seen growing enrollment nationally, reflecting rising employer demand for Ventilator Management and Airway Management skills. The adjusted starting salary in Minneapolis is approximately $48,500.

Category

Healthcare

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%

Respiratory Therapy Salary in Minneapolis (COL-Adjusted)

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

Entry Level (0-2 yrs)
$48,500($-1,500 vs national)
Mid Career (5-9 yrs)
$65,960($-2,040 vs national)
Senior Level (15+ yrs)
$75,660($-2,340 vs national)

Note: National average Respiratory Therapy salary: $50,000 starting, $68,000 mid-career, $78,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.

Respiratory Therapy ROI Calculator for Minneapolis

Estimate your return on investment for a Respiratory Therapy 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

$14,550

vs HS diploma in Minneapolis

ROI Payback Period

7.6 years

to break even

Lifetime Return in Minneapolis

$326,356

Lifetime earnings premium ($436,500) minus total education cost ($110,144)

Student Loan Payoff for Respiratory Therapy in Minneapolis

Standard Plan (10 years)

Loan Amount$110,144
Monthly Payment$1,251
Total Interest$39,936
% of Monthly Income31%

Aggressive Plan (5 years)

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

Colleges in Minneapolis for Respiratory Therapy

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 Respiratory Therapy in Minneapolis

Minneapolis offers opportunities in Hospitals, Medical centers, Private practices for Respiratory Therapy graduates. National top employers in this field include:

HospitalsHome Health AgenciesSleep CentersNeonatal UnitsLong-Term Care

Key Minneapolis Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Respiratory Therapy Job Titles

Respiratory TherapistPulmonary Function TechnologistCritical Care RT

Respiratory Therapy 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 Respiratory Therapy ROI in other cities, or explore other majors in Minneapolis.

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