$90,000 in Minneapolis ≈ $84,074 in Richmond
$84,074
Purchasing-power equivalent using BEA RPP 2024 (104.8 → 97.9). BLS OEWS May 2025 wages on linked pages.
Prices in Richmond run −6.6% vs Minneapolis for equal purchasing power at this salary level.
Same job, both metros
- Physicians, All Other in Minneapolis Physicians, All Other in Richmond
- Chief Executives in Minneapolis Chief Executives in Richmond
- Computer and Information Systems Managers in Minneapolis Computer and Information Systems Managers in Richmond
- Marketing Managers in Minneapolis Marketing Managers in Richmond
- Architectural and Engineering Managers in Minneapolis Architectural and Engineering Managers in Richmond
- Minneapolis RPP
- 104.8
- Richmond RPP
- 97.9
- Price gap
- −6.6%
- Base salary
- $90,000
Prices in Richmond run −6.6% versus Minneapolis on BEA all-items RPP (2024), so overall price levels are lower at the destination. A $90,000 paycheck in Minneapolis maps to about $84,074 in Richmond for equal purchasing power.
Salary needed in Richmond
| In Minneapolis | In Richmond |
|---|---|
| $60,000 | $56,050 |
| $90,000 | $84,074 |
| $150,000 | $140,124 |
Equivalent = origin salary × (97.9 ÷ 104.8). Adjust the base with the slider above.
Price level components
| Component | Minneapolis | Richmond | US |
|---|---|---|---|
| All items | 104.8 | 97.9 | 100 |
| Goods | 103.1 | 96.8 | 100 |
| Housing (rents) | 111.8 | 99.1 | 100 |
| Other services | 104.4 | 98.6 | 100 |
BEA Regional Price Parities 2024, US = 100. Housing is rents; utilities omitted in this view.
Wages in both metros
| Occupation | Minneapolis | Richmond | Dest. middle half | Dest. OEWS emp. | Gap |
|---|---|---|---|---|---|
| Physicians, All Other | $378,730 | $284,090 | $204,860 to $333,450 | 1,760 | −25.0% |
| Chief Executives | $209,980 | $326,160 | $188,360 to $401,930 | 820 | +55.3% |
| Computer and Information Systems Managers | $178,080 | $180,640 | $153,580 to $224,320 | 1,900 | +1.4% |
| Marketing Managers | $173,040 | $174,130 | $132,730 to $214,930 | 1,090 | +0.6% |
| Architectural and Engineering Managers | $174,510 | $167,170 | $140,830 to $200,830 | 570 | −4.2% |
| Financial Managers | $165,620 | $173,140 | $136,020 to $218,650 | 3,480 | +4.5% |
| Sales Managers | $158,100 | $168,590 | $121,440 to $225,670 | 1,320 | +6.6% |
| Human Resources Managers | $159,390 | $152,190 | $116,260 to $200,640 | 960 | −4.5% |
BLS OEWS May 2025 metro medians where published for both CBSAs. Employment is OEWS published employment, not job openings.
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FAQ
- What salary do I need in Richmond to match $90,000 in Minneapolis?
- About $84,074, based on BEA Regional Price Parities (2024) of 104.8 and 97.9. Formula: salary × (RPP_destination / RPP_origin). Not financial advice.
- What do goods, housing, and other RPP components mean?
- BEA publishes component indexes alongside all-items RPP. Goods covers merchandise prices; housing (rents) covers rents; other services covers remaining services. All are indexed to US = 100 for the same vintage year.
- How do OEWS wages relate to this comparison?
- BLS OEWS (May 2025) publishes occupation medians by metro. The wage bridge shows jobs with published medians in both metros, plus middle-half bands and OEWS employment where available. RPP adjusts purchasing power; OEWS reports pay.
- Does this include taxes or benefits?
- No. PayByCity does not model income taxes, childcare, healthcare premiums, or leave. Use the figures as a price-level starting point, not a take-home or total-rewards calculator.
What this covers
Includes
- BEA Regional Price Parities (all items, goods, housing rents, other services)
- BLS OEWS median wages, percentile bands, and employment where published
- Purchasing-power math: salary × (destination RPP ÷ origin RPP)
Does not include
- Federal, state, or local income taxes
- Childcare, healthcare premiums, or leave benefits
- Job openings. OEWS employment is a published stock estimate, not hiring demand
See methodology and disclaimer.