Can a Biomedical Engineer afford to live in Minneapolis?

Excellent58% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Biomedical Engineer ยท Minneapolis
$127,890
Income tax (~33% effective)
United States
โ€“ $42,574
Take-home pay
$7,110/mo
$85,316
Living costs (1 person)
$3,020/mo ยท derived
โ€“ $36,240
Savings potential
$4,090/mo ยท 58% of take-home
$49,076

Single professional, after-tax. Salary โˆ’ tax โˆ’ living costs = what you could save each year.

How we calculated this

โ€ข Salary: BLS OEWS 2025 metro-area survey median for Biomedical Engineer, adjusted for Minneapolis.

โ€ข Tax: United States single-filer effective rate (~33%). Official calculator.

โ€ข Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.