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Management Consultant Salary: Boston vs Minneapolis

Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.

πŸ‡ΊπŸ‡Έ Boston
United States
$171K USD
$171K USD
$171K PPP
Higher Purchasing Power
VS
USD Difference
+15%
Boston vs Minneapolis
πŸ‡ΊπŸ‡Έ Minneapolis
United States
$149K USD
$149K USD
$149K PPP

Detailed Comparison

MetricBostonMinneapolisDifference
Local Currency Salary$171K USD$149K USDβ€”
USD Equivalent$171K$149K+15%
PPP-Adjusted SalaryWINNER$171K πŸ†$149K+15%
25th Percentile$136K USD$119K USDβ€”
Median$171K USD$149K USDβ€”
75th Percentile$213K USD$186K USDβ€”
Annual Mean$184K USD$160K USDβ€”

What Does This Mean?

Boston offers a Management Consultant salary of $171K USD, while Minneapolis offers $149K USD β€” a difference of +15% in raw terms.

After adjusting for purchasing power parity (PPP), Boston's salary is worth $171K in US purchasing power terms, versus $149K for Minneapolis. This means Boston offers better real purchasing power for this role.

PPP adjustment accounts for differences in local prices β€” for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.

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