Psychiatrist Salary in Minnesota
Median annual pay in Minnesota
$336,410
$161.74/hour
BLS OEWS, May 2025
Adjusted for cost of living in Minnesota
$341,114
Regional Price Parity: 98.621 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($281,870): +$54,540 (+19.3%)
Minnesota ranks 4th of 46 states by median pay, and 4th of 46 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $90,470 | $43.49 |
| 25th percentile | $279,600 | $134.42 |
| Median | $336,410 | $161.74 |
| 75th percentile | $382,210 | $183.75 |
| 90th percentile | $446,520 | $214.67 |
Employment
- Employment in Minnesota
- 580
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Comparison
Compared with the U.S.
- Median annual pay in Minnesota
- $336,410
- Median annual pay in the U.S.
- $281,870
- Difference
- +$54,540 (+19.3%)
Cost of living
$336,410 ÷ 98.621 × 100 = $341,114
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Louisiana | ||
| 2nd | $345,040 | $391,171 1st |
| Alaska | ||
| 3rd | $342,170 | $334,284 6th |
| Minnesota This page | ||
| 4th | $336,410 | $341,114 4th |
| Wisconsin | ||
| 5th | $331,070 | $351,847 2nd |
| Connecticut | ||
| 6th | $326,670 | $315,288 8th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Pediatrician, General salary in Minnesota
$226,660/year Minnesota
- Neurologist salary in Minnesota
$381,670/year Minnesota
- Registered Nurse salary in Minnesota
$101,510/year Minnesota
- Family Medicine Physician salary in the U.S.
$244,180/year U.S.
- General Internal Medicine Physician salary in the U.S.
$256,560/year U.S.
- Psychologists, All Other salary in Minnesota
$115,650/year Minnesota
Outlook
- Projected employment change, 2025–35 (U.S.)
- +7.2%
- Typical education needed for entry (U.S.)
- Doctoral or professional degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Psychiatrist salary in nearby places
- Psychiatrist salary in Iowa
$295,270/year Iowa
- Psychiatrist salary in Michigan
$291,850/year Michigan
- Psychiatrist salary in South Dakota
$226,180/year South Dakota
- Psychiatrist salary in Wisconsin
$331,070/year Wisconsin
- Psychiatrist salary in the U.S.
$281,870/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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