Benchmark Salary Information
Rankings for Southeast Minnesota Nonmetropolitan Area
Compared to Minnesota
Southeast Minnesota Nonmetropolitan Area Nurse Practitioners earn an average of $129,340 or $62.19 per hour which is 1% more than the Minnesota average salary of $127,010.
| Average | Southeast Minnesota Nonmetropolitan Area | Minnesota | % Difference |
|---|---|---|---|
| Hourly Wage | $62.19 | $61.06 | 1.85% |
| Annual Salary | $129,340 | $127,010 | 1.83% |
Compared to the U.S.
Southeast Minnesota Nonmetropolitan Area Nurse Practitioners earn an average of $129,340 or $62.19 per hour which is 9% more than the U.S. average salary of $118,040.
| Average | Southeast Minnesota Nonmetropolitan Area | U.S. | % |
|---|---|---|---|
| Hourly Wage | $62.19 | $56.75 | 9.59% |
| Annual Salary | $129,340 | $118,040 | 9.57% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Nurse Practitioners in Southeast Minnesota Nonmetropolitan Area earns an average annual salary of $145,982 which compares to the Minnesota average annual salary of $127,010. per year.
Cost-of-living in Southeast Minnesota Nonmetropolitan Area is 11% less than the Minnesota average, which means Southeast Minnesota Nonmetropolitan Area residents have an overall less cost for food, housing, utilities and transportation compared to Minnesota average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Southeast Minnesota Nonmetropolitan Area | $129,340 | 88.60% | $145,982 |
| Minnesota | $127,010 | 98.62% | $128,787 |
| U.S. | $118,040 | – | $118,040 |
Salary Ranges for Education and Experience
In Southeast Minnesota Nonmetropolitan Area, 50% of Nurse Practitioners earn between $121,070 and $129,510 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Nurse Practitioners earn more than $164,070, which is a rate for highly skilled, experienced and educated Nurse Practitioners.
Approximately 10% of Nurse Practitioners earn under $99,400, a rate generally reserved for less experienced or entry level Nurse Practitioners.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 17 | Under $99,400 |
| 15% | 2 – 4 years | 26 | $99,400 – $121,070 |
| 25% | 5 – 9 years | 42 | $121,070 – $128,190 |
| 25% | 10 – 14 years | 42 | $128,190 – $129,510 |
| 15% | 15 – 20 years | 26 | $128,190 – $164,070 |
| 10% | 20+ years | 17 | Above $164,070 |
Salary Compared to Related Professions
With an average annual salary of $129,340, Southeast Minnesota Nonmetropolitan Area Nurse Practitioners tend to earn less than Nurse Anesthetists ($221,530).
However, Nurse Practitioners tend to earn more than Nursing Assistants ($34,180), LPNs ($50,520), Nursing Instructors ($76,520), and Registered Nurses ($78,000).
| Title | Annual Salary |
|---|---|
| Nurse Anesthetists | $221,530 |
| Nurse Practitioners | $129,340 |
| Registered Nurses | $78,000 |
| Nursing Instructors | $76,520 |
| LPNs | $50,520 |
| Nursing Assistants | $34,180 |
FAQ for Southeast Minnesota Nonmetropolitan Area Nurse Practitioners
Additional Salary Reports for Nurse Practitioners in Minnesota cities and Metros and U.S. States.
Official Data Sources for Nurse Practitioners: Salary Data | Projected Employment | Cost of Living Data