๐Ÿ’ฐ COL Index: 93 โ€” Below Avg Cost

Salaries in Minot, ND

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$55,810
across 27 roles
COL-Adjusted Avg
$60,010
real purchasing power
Top Paying Role
Software Developer
$124,587
1BR Rent
$837
median monthly

You might think a city of 48,000 in the northern plains would be an economic backwater, but Minotโ€™s 2% unemployment rate tells a different story. Itโ€™s one of the tightest labor markets youโ€™ll find anywhere in 2026, and that changes the math for workers.

The real story here is purchasing power. With a cost of living index at 93โ€”7% below the national averageโ€”your paycheck goes further. A software developer earning $124,588 sees their effective buying power jump to nearly $134,000 when adjusted for local costs. That same logic applies across the board, turning a median household income of $77,431 into a lifestyle that would require six figures in many coastal cities. For $837 a month, you can rent a one-bedroom apartment, a number that feels almost impossible elsewhere.

Minotโ€™s economy is built on a few sturdy pillars. Itโ€™s a regional hub for healthcare (Sanford Health is a massive employer), education (Minot State University), and the energy sector, particularly the nearby Bakken oil fields. The Air Force Base also provides stable government employment. These industries fuel the demand for the cityโ€™s top-paying roles: software developers, nurses, accountants, and skilled tradespeople like electricians.

Hereโ€™s my honest take: while the COL-adjusted average salary of $60,010 is solid, the wage growth hasnโ€™t been spectacular. The city works best for those in its dominant industries or remote workers capitalizing on the low costs. Itโ€™s less ideal if youโ€™re in a niche field with limited local demand.

The data below breaks down exactly what you can expect to earn in the cityโ€™s top professions, both in raw dollars and what it means for your wallet.

๐Ÿ† Top 5 Highest-Paying Jobs in Minot

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -2% vs national

Software Developer

$124,587
๐Ÿ’ก COL-Adjusted $133,965
โฑ Hourly $59.90/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ -2% vs national

Accountant

$84,272
๐Ÿ’ก COL-Adjusted $90,615
โฑ Hourly $40.52/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ -2% vs national

Registered Nurse

$84,262
๐Ÿ’ก COL-Adjusted $90,604
โฑ Hourly $40.51/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ -2% vs national

Elementary School Teacher

$62,332
๐Ÿ’ก COL-Adjusted $67,024
โฑ Hourly $29.97/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ -2% vs national

Electrician

$60,257
๐Ÿ’ก COL-Adjusted $64,792
โฑ Hourly $28.97/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Minot

COL-Adjusted Salary = Raw salary divided by the cost of living index (93/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $124,587
2 Accountant $84,272
3 Registered Nurse $84,262
4 Elementary School Teacher $62,332
5 Electrician $60,257
6 Real Estate Agent $60,188
7 Heavy Truck Driver $51,975
8 Nursing Assistant (CNA) $48,950
9 Medical Assistant $48,950
10 Paralegal $48,950
11 Welder $48,950
12 Dental Hygienist $48,950
13 Police Officer $48,950
14 Project Manager $48,950
15 Graphic Designer $48,950
16 Web Developer $48,950
17 Data Analyst $48,950
18 Plumber $48,950
19 Construction Manager $48,950
20 Carpenter $48,950
21 Physical Therapist $48,950
22 Human Resources Specialist $48,950
23 Financial Analyst $48,950
24 Pharmacist $48,950
25 HVAC Technician $48,950
26 Marketing Manager $48,950
27 Firefighter $48,950

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Minot

๐Ÿ 
1BR Rent
$837/mo
๐Ÿก
2BR Rent
$1,046/mo
๐Ÿ˜๏ธ
Median Home
$284,450
๐Ÿ“‰
Unemployment
2.0%
๐Ÿ’ณ
Median Income
$77,431
๐ŸŽ“
College Educated
30%
๐Ÿšถ
Walk Score
30/100
๐Ÿ“Š
Cost of Living
93
Below Avg Cost

๐Ÿงฎ Can You Afford to Live in Minot?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Minot. Enter your salary and see exactly how far your money goes.

โ“ Minot Salary FAQ

What is the average salary in Minot, ND?

โ–ผ
The average salary across 40 occupations in Minot is $55,810. This figure is based on 2026 data for a diverse set of jobs. Insight: This average is about 28% lower than the city's median household income of $77,431, indicating a wide distribution of earnings.

What jobs pay the most in Minot?

โ–ผ
The highest paying role in Minot is Software Developer, with an average salary of $124,587. This significantly outpaces the city's overall average of $55,810. Insight: This role earns more than double the average salary, highlighting a premium for tech skills in the local market.

Is Minot affordable on a Software Developer salary?

โ–ผ
Yes, Minot is affordable on a Software Developer's $124,587 salary. With a Cost of Living Index of 93.0 (7% below the national average) and a 1BR rent of $837/month, housing costs are low. Insight: A Software Developer's income is over 12 times the annual rent, leaving substantial room for savings and discretionary spending.

How does Minot's cost of living affect my paycheck?

โ–ผ
Minot's Cost of Living Index of 93.0 means your paycheck goes about 7% further than the national average. For example, a $55,810 salary here has the purchasing power of roughly $59,800 nationally. Insight: The primary driver is housing, with 1BR rent at $837/month, which is significantly lower than most U.S. cities.

What salary do you need to live comfortably in Minot?

โ–ผ
To live comfortably in Minot, a salary around $77,431 is a strong benchmark, matching the median household income. This comfortably covers the $837/month rent (using the 30% rule) and other expenses given the 93.0 COL index. Insight: Aiming for the median household income provides a solid buffer for savings and lifestyle in this affordable market.

๐Ÿ“ Editor's Verdict: Is Minot Worth It?

Hereโ€™s the honest verdict: Minot isnโ€™t a jackpot, but itโ€™s a solid bet if you know how to play it. The $55,810 average salary is decent, but the real story is the cost of livingโ€”at 93.0, your money stretches further, especially with rent at just $837 a month. The software developer numbers ($124,587 raw, $133,965 adjusted) are the standout, but thatโ€™s a niche win.

Who benefits most? Tech workers absolutely crush it here. Healthcare and trades get by, but they donโ€™t see the same financial upside. If youโ€™re in tech and craving a lower cost of living without sacrificing income, Minotโ€™s a no-brainer.

My advice? Donโ€™t move here blind. Visit first. The winters are brutal, and the social scene is limited. If you can handle the cold and donโ€™t need a big-city vibe, youโ€™ll save money and build a comfortable life. But if youโ€™re chasing excitement or career growth outside of tech, think twice. Minotโ€™s a practical choice, not a passionate one.

Explore Minot Further