Minnesota vs Wyoming Paycheck Comparison 2026

Annual salary

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Annual salary

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Additional options (filing status, deductions)
Filing status
$
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You take home $4,640/yr more in Wyoming

$387/mo · $178/paycheck more

Minnesota
Wyoming

$56,952/yr in Minnesota vs $61,593/yr in Wyoming.

Minnesota

Take-home per paycheck

$2,190.46

$56,952/yr · 26x/yr

Federal tax$7,67010%
State tax$4,6406%
Social Security$4,6506%
Medicare$1,0881%
Take-home$56,95276%
Tax rates
Effective: 24.1%Marginal fed: 22.0%Marginal state: 6.8%

Wyoming

Take-home per paycheck

$2,368.94

$61,593/yr · 26x/yr

Federal tax$7,67010%
Social Security$4,6506%
Medicare$1,0881%
Take-home$61,59382%
Tax rates
Effective: 17.9%Marginal fed: 22.0%

Cost of living comparison

Cost of living in Minnesota and Wyoming is about the same.

At a $75,000 salary, take-home pay of $56,952 in Minnesota has the purchasing power of $56,350 in Wyoming terms.

After adjusting for cost of living, Wyoming comes out ahead by $5,243/yr.

Housing
Median home$330,000vs$305,000
Minnesota
8% more
Wyoming
Avg 2BR rent$1,128/movs$1,219/mo
Minnesota
Wyoming
8% more
Groceries
Index
Minnesota
1% more
Wyoming
Transportation
Regular gas$3.26/galvs$3.20/gal
Minnesota
2% more
Wyoming
Utilities
Electric bill$109/movs$81/mo
Minnesota
35% more
Wyoming
Healthcare
Index
Minnesota
3% more
Wyoming
Childcare & Misc
Infant childcare$22,569/yrvs$9,327/yr
Minnesota
142% more
Wyoming

Estimate based on 2026 tax rates and standard deductions. Does not include local taxes, itemized deductions, tax credits, or other individual circumstances.

Tax system comparison

Minnesota: Minnesota uses a progressive income tax with 4 brackets ranging from 5.35% to 9.85%.

Wyoming: Wyoming has no state income tax. Residents pay only federal income tax, Social Security, and Medicare.

Take-home pay at different salaries (single filer, 2026)

Salary Minnesota take-home Wyoming take-home Difference
$50,000 $39,415 $42,355 -$2,940
$75,000 $56,952 $61,593 -$4,640
$100,000 $72,840 $79,180 -$6,340
$150,000 $103,568 $113,791 -$10,223
$200,000 $134,446 $148,927 -$14,481
$300,000 $190,846 $215,177 -$24,331

Positive values mean higher take-home in Minnesota. Assumes single filer, no deductions.

FAQ

Which state has lower taxes, Minnesota or Wyoming?

At a $100,000 salary, Wyoming results in $6,340 more annual take-home pay. Minnesota uses a progressive income tax with 4 brackets ranging from 5.35% to 9.85%. Wyoming has no state income tax. Residents pay only federal income tax, Social Security, and Medicare.

How much more do you take home in Wyoming vs the other state?

The difference depends on salary. At $50,000, the gap is $2,940/yr. At $150,000, it grows to $10,223/yr. At $300,000, the difference is $24,331/yr.

Do Minnesota and Wyoming have the same federal taxes?

Yes. Federal income tax, Social Security, and Medicare are the same in every state. Only state income tax differs. This calculator shows the combined effect of federal and state taxes on your take-home pay.

Is it cheaper to live in Minnesota or Wyoming?

Wyoming is cheaper to live in. Cost of living in Minnesota is 3% higher than in Wyoming. Minnesota's Regional Price Parity is 98.2 and Wyoming's is 95.6 (US average = 100).

Is Wyoming cheaper than Minnesota?

Yes. Wyoming has a lower cost of living than Minnesota (index 95.6 vs 98.2). Housing is typically the biggest difference between the two states.

Is Minnesota more expensive than Wyoming?

Yes. Minnesota has a higher cost of living (index 98.2) compared to Wyoming (index 95.6). The national average is 100. Housing costs are typically the largest driver of the difference.

After cost of living, which state is actually cheaper?

At a $100,000 salary, take-home pay of $72,840 in Minnesota has the purchasing power of $74,820 in Wyoming terms. Conversely, $79,180 in Wyoming equals $77,084 in Minnesota terms. After adjusting for both taxes and cost of living, Wyoming comes out ahead.

Minnesota vs Wyoming cost of living — what's the difference?

The overall cost of living is 3% different between Minnesota and Wyoming. Living costs are about 2% below the national average Living costs are about 4% below the national average After taxes and cost of living, Wyoming gives you more purchasing power on a $100,000 salary.

Do I need to file state tax returns in both Minnesota and Wyoming?

Minnesota requires residents to file a state income tax return annually, typically due April 15. Wyoming has no state income tax, so residents do not file a state tax return. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there. Each state has its own tax return form — check your state's department of revenue website for the correct form and e-filing options.

Related tools

Minnesota Paycheck Estimator · Wyoming Paycheck Estimator · All states