Physician Salary in Minneapolis
2026 compensation data for Physician positions in Minneapolis, MN. Ranges from $184,000 (entry-level) to $459,000 (senior). Median: $281,000.
Median (Mid)
$281,000
$135.1/hr
vs National
+2%
US: $275,000
COL Index
108
vs US avg = 100
Senior Max
$459,000
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) | $184,000 | $214,000 | $250,000 | $102.88/hr |
| Mid-Level (3–5 yrs) | $235,000 | $281,000 | $337,000 | $135.1/hr |
| Senior (6+ yrs) | $296,000 | $367,000 | $459,000 | $176.44/hr |
What Your Salary Is Really Worth in Minneapolis
A mid-level physician earning $281,000 in Minneapolis has the same buying power as $260,000 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 Physician Salaries in Minneapolis
The median physician salary in Minneapolis, MN is $281,000 for mid-level professionals, which is 2% 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 physicians in Minneapolis can expect to earn between $184,000 and $250,000 (about $102.88/hour), while senior professionals with 6+ years of experience earn up to $459,000 ($459K annually, or about $220.67/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: Physician Salary in Minneapolis
What is the average Physician salary in Minneapolis?+
The average Physician salary in Minneapolis is $281,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $214,000 and senior-level pay reaches $367,000.
How much does an entry-level physician make in Minneapolis?+
Entry-level physicians in Minneapolis earn between $184,000 and $250,000, with a median of $214,000 per year (about $102.88/hour).
What is the hourly rate for a Physician in Minneapolis?+
Based on a 2,080-hour work year, a Physician in Minneapolis earns roughly $102.88/hour at entry-level, $135.1/hour at mid-level, and $176.44/hour at senior-level.
Is the Physician salary in Minneapolis higher than the US average?+
Yes — Physician salaries in Minneapolis are about 2% higher than the US national median of $275,000.
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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