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 |
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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
Diagnose, treat, and manage patients across primary care or specialty practice. This page covers physician compensation specifically in Minneapolis, MN.
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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