Can a Chief Executive Officer afford to live in Minneapolis?

Excellent72% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Chief Executive Officer ยท Minneapolis
$209,980
Income tax (~39% effective)
United States
โ€“ $81,441
Take-home pay
$10,712/mo
$128,539
Living costs (1 person)
$3,020/mo ยท derived
โ€“ $36,240
Savings potential
$7,692/mo ยท 72% of take-home
$92,299

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 Chief Executive Officer, adjusted for Minneapolis.

โ€ข Tax: United States single-filer effective rate (~39%). 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.