Product Manager Salary in Minneapolis
2026 compensation data for Product Manager positions in Minneapolis, MN. Ranges from $77,000 (entry-level) to $214,000 (senior). Median: $133,000.
Median (Mid)
$133,000
$63.94/hr
vs National
+4%
US: $128,000
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) | $77,000 | $90,000 | $107,000 | $43.27/hr |
| Mid-Level (3–5 yrs) | $107,000 | $133,000 | $158,000 | $63.94/hr |
| Senior (6+ yrs) | $153,000 | $182,000 | $214,000 | $87.5/hr |
What Your Salary Is Really Worth in Minneapolis
A mid-level product manager earning $133,000 in Minneapolis has the same buying power as $123,000 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 Product Manager Salaries in Minneapolis
The median product manager salary in Minneapolis, MN is $133,000 for mid-level professionals, which is 4% 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 product managers in Minneapolis can expect to earn between $77,000 and $107,000 (about $43.27/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: Product Manager Salary in Minneapolis
What is the average Product Manager salary in Minneapolis?+
The average Product Manager salary in Minneapolis is $133,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $90,000 and senior-level pay reaches $182,000.
How much does an entry-level product manager make in Minneapolis?+
Entry-level product managers in Minneapolis earn between $77,000 and $107,000, with a median of $90,000 per year (about $43.27/hour).
What is the hourly rate for a Product Manager in Minneapolis?+
Based on a 2,080-hour work year, a Product Manager in Minneapolis earns roughly $43.27/hour at entry-level, $63.94/hour at mid-level, and $87.5/hour at senior-level.
Is the Product Manager salary in Minneapolis higher than the US average?+
Yes — Product Manager salaries in Minneapolis are about 4% higher than the US national median of $128,000.
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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