Management Consultant Salary in Minneapolis
2026 compensation data for Management Consultant positions in Minneapolis, MN. Ranges from $71,000 (entry-level) to $214,000 (senior). Median: $120,000.
Median (Mid)
$120,000
$57.69/hr
vs National
+3%
US: $117,000
COL Index
108
vs US avg = 100
Senior Max
$214,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $71,000 | $84,000 | $97,000 | $40.38/hr |
| Mid-Level (3–5 yrs) | $97,000 | $120,000 | $143,000 | $57.69/hr |
| Senior (6+ yrs) | $143,000 | $175,000 | $214,000 | $84.13/hr |
What Your Salary Is Really Worth in Minneapolis
A mid-level management consultant earning $120,000 in Minneapolis has the same buying power as $111,000 in an average US city, after adjusting for the local cost of living (COL index 108).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Management Consultant Salaries in Minneapolis
The median management consultant salary in Minneapolis, MN is $120,000 for mid-level professionals, which is 3% above the national median. With a cost of living index of 108 (national average = 100), Minneapolis offers a moderate cost of living with competitive salaries.
Entry-level management consultants in Minneapolis can expect to earn between $71,000 and $97,000 (about $40.38/hour), while senior professionals with 6+ years of experience earn up to $214,000 ($214K annually, or about $102.88/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Minneapolis.
Frequently Asked Questions: Management Consultant Salary in Minneapolis
What is the average Management Consultant salary in Minneapolis?+
The average Management Consultant salary in Minneapolis is $120,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $84,000 and senior-level pay reaches $175,000.
How much does an entry-level management consultant make in Minneapolis?+
Entry-level management consultants in Minneapolis earn between $71,000 and $97,000, with a median of $84,000 per year (about $40.38/hour).
What is the hourly rate for a Management Consultant in Minneapolis?+
Based on a 2,080-hour work year, a Management Consultant in Minneapolis earns roughly $40.38/hour at entry-level, $57.69/hour at mid-level, and $84.13/hour at senior-level.
Is the Management Consultant salary in Minneapolis higher than the US average?+
Yes — Management Consultant salaries in Minneapolis are about 3% higher than the US national median of $117,000.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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