Minimum Wage Calculators Minnesota

Minnesota Minimum Wage Calculator 2026

Minnesota minimum wage: $10.85/hr (tipped: $10.85/hr). Calculate annual salary, monthly income, and take-home pay at minimum wage.

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Minnesota Quick Facts
9.8% Income Tax Rate
1.12% Property Tax Rate
$77,706 Median Income
96.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator computes annual, monthly, and weekly earnings at Minnesota's minimum wage of $10.85/hr. For tipped employees, the base rate is $10.85/hr. The federal minimum wage is $7.25/hr — Minnesota's rate is higher, so the state rate applies. Calculations assume no overtime and consistent hours.

Key State Information

Minnesota minimum wage: $10.85/hr. Tipped rate: $10.85/hr. Minnesota requires full minimum wage for tipped employees — no tip credit is allowed.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
US Department of Labor
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the minimum wage in Minnesota in 2026?

Minnesota's minimum wage is $10.85/hr as of 2026. For tipped employees, the minimum is $10.85/hr. Working 40 hours/week, 52 weeks/year, this equals approximately $22,568 gross annual income.

Is Minnesota's minimum wage going up?

Many states have scheduled annual minimum wage increases tied to inflation (CPI). Check Minnesota's Department of Labor for upcoming rate changes. Several states are gradually increasing toward $15/hr.

Can you live on minimum wage in Minnesota?

Minnesota's cost of living index is 96.8 (100 = national average). At $10.85/hr full time, you'd earn about $22,568/year before taxes. This would be challenging but slightly more manageable than in high-cost states.

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