๐Ÿ’ฐ COL Index: 105 โ€” Near Avg Cost

Salaries in Woodbury, MN

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

Updated: February 2026 ยท 40 occupations ยท BLS + Census data

Avg. Salary
$55,116
across 40 roles
COL-Adjusted Avg
$52,743
real purchasing power
Top Paying Role
Software Developer
$128,978
1BR Rent
$1,201
median monthly

Hereโ€™s the thing about Woodbury: you can make a six-figure salary as a software developer and still feel like youโ€™re living in a pretty normal suburb. Thatโ€™s not a knockโ€”itโ€™s the cityโ€™s whole deal.

With a cost of living index of 104.5, youโ€™re paying about 4.5% more than the national average for things like groceries and utilities. But that median household income of $120,588 is doing a lot of heavy lifting. It means a $1,201 one-bedroom rent isnโ€™t crushing anyone with a decent job. The real story here is purchasing power. That COL-adjusted software developer salary of $123,424 buys you a lifestyle that would cost you way more in, say, Austin or Denver. Itโ€™s not a bargain, but itโ€™s a solid value for the Midwest.

Woodbury thrives on a mix of healthcare, tech, and professional services. Youโ€™ve got the big employers like the HealthPartners clinics and the 3M campus just down the road in Maplewood, which pulls a lot of skilled workers into the area. The cityโ€™s 2.8% unemployment rate tells you jobs are there if you have the skills, especially with 45.6% of residents holding a bachelorโ€™s degree or higher. The tech and finance roles are clearly the top of the food chain here.

The catch? For everyone not in software or accounting, wages are justโ€ฆ okay. That average salary across all roles is $55,116, which feels tight when you see the housing costs. Teachers and electricians earn a respectable living, but theyโ€™re not getting rich. You have to be in the right field to truly feel like youโ€™re winning.

Below, weโ€™ll break down exactly how these salaries stack up against the cost of living and what it really takes to get ahead here.

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

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

๐Ÿฅ‡ +1% vs national

Software Developer

$128,978
๐Ÿ’ก COL-Adjusted $123,424
โฑ Hourly $62.01/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +1% vs national

Accountant

$87,242
๐Ÿ’ก COL-Adjusted $83,485
โฑ Hourly $41.94/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +1% vs national

Registered Nurse

$87,231
๐Ÿ’ก COL-Adjusted $83,475
โฑ Hourly $41.94/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ +1% vs national

Elementary School Teacher

$64,529
๐Ÿ’ก COL-Adjusted $61,750
โฑ Hourly $31.02/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +1% vs national

Electrician

$62,380
๐Ÿ’ก COL-Adjusted $59,694
โฑ Hourly $29.99/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Woodbury

COL-Adjusted Salary = Raw salary divided by the cost of living index (105/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $128,978
2 Accountant $87,242
3 Registered Nurse $87,231
4 Elementary School Teacher $64,529
5 Electrician $62,380
6 Real Estate Agent $62,309
7 Heavy Truck Driver $53,806
8 Welder $50,674
9 Nail Technician $50,674
10 Chef/Head Cook $50,674
11 Personal Trainer $50,674
12 Auto Mechanic $50,674
13 Social Worker $50,674
14 Cosmetologist $50,674
15 Veterinary Technician $50,674
16 Dental Assistant $50,674
17 Licensed Practical Nurse (LPN) $50,674
18 Pharmacy Technician $50,674
19 Firefighter $50,674
20 Graphic Designer $50,674
21 Police Officer $50,674
22 Data Analyst $50,674
23 Plumber $50,674
24 Loan Officer $50,674
25 Insurance Agent $50,674
26 Physical Therapist $50,674
27 Carpenter $50,674
28 Human Resources Specialist $50,674
29 Financial Analyst $50,674
30 Pharmacist $50,674
31 HVAC Technician $50,674
32 Nursing Assistant (CNA) $50,674
33 Project Manager $50,674
34 Dental Hygienist $50,674
35 Web Developer $50,674
36 Construction Manager $50,674
37 Marketing Manager $50,674
38 Medical Assistant $50,674
39 Paralegal $50,674
40 Security Guard $36,627

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

๐Ÿ™๏ธ Living Costs in Woodbury

๐Ÿ 
1BR Rent
$1,201/mo
๐Ÿก
2BR Rent
$1,501/mo
๐Ÿ˜๏ธ
Median Home
$490,000
๐Ÿ“‰
Unemployment
2.8%
๐Ÿ’ณ
Median Income
$120,588
๐ŸŽ“
College Educated
46%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
105
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Woodbury?

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

โ“ Woodbury Salary FAQ

What is the average salary in Woodbury, MN?

โ–ผ
The average salary across 40 occupations in Woodbury is $55,116. The median household income is $120,588, indicating a significant gap between individual and household earnings. Insight: The higher household figure suggests dual-income households are common.

What jobs pay the most in Woodbury?

โ–ผ
The highest paying role in Woodbury is Software Developer at $128,978. This salary is 134% above the area's average of $55,116. Insight: Tech roles command a premium, likely due to proximity to the Twin Cities tech corridor.

Is Woodbury affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $128,978 is well above Woodbury's average of $55,116 and median household income of $120,588. With a 1BR rent of $1,201/mo, housing costs are manageable on this income. Insight: This salary provides significant financial comfort relative to local benchmarks.

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

โ–ผ
Woodbury's cost of living index is 104.5, meaning it is 4.5% higher than the national average. This reduces purchasing power, making the same paycheck worth less than in a lower-cost area. Insight: You need to earn about 4.5% more to maintain the same standard of living as the national average.

What salary do you need to live comfortably in Woodbury?

โ–ผ
A comfortable salary in Woodbury should cover a 1BR rent of $1,201/mo and the elevated COL of 104.5. Using the 30% rent-to-income rule, a salary of at least $48,040 is needed for housing alone. Insight: To live comfortably overall, aim for a salary above the area average of $55,116 to account for all expenses.

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

Quick reality check: Woodbury pays best if youโ€™re in tech. The average is $55,116, but Software Developers clear $128,978, and even after the 104.5 cost-of-living index, they still take home $123,424. Rent at $1,201/month isnโ€™t cheap, but itโ€™s manageable if youโ€™re earning six figures. Healthcare and trades can do fine, but youโ€™ll need experience or overtime to feel comfortable.

Is it worth it? For tech workers, yes; for everyone else, itโ€™s a stretch unless you love the lifestyle. Who benefits most? Software developers and mid-to-senior tech roles, then experienced nurses and skilled trades with certifications.

Advice: Line up the job before you move. The math works, but only if the offer actually lands.

Explore Woodbury Further