Psychologist Salary: Boston vs Minneapolis
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 Boston
United States
$101K USD
$101K USD
$101K PPP
Higher Purchasing Power
VS
USD Difference
+15%
Boston vs Minneapolis
🇺🇸 Minneapolis
United States
$88K USD
$88K USD
$88K PPP
Detailed Comparison
| Metric | Boston | Minneapolis | Difference |
|---|---|---|---|
| Local Currency Salary | $101K USD | $88K USD | — |
| USD Equivalent | $101K | $88K | +15% |
| PPP-Adjusted SalaryWINNER | $101K 🏆 | $88K | +15% |
| 25th Percentile | $81K USD | $70K USD | — |
| Median | $101K USD | $88K USD | — |
| 75th Percentile | $126K USD | $110K USD | — |
| Annual Mean | $109K USD | $95K USD | — |
What Does This Mean?
Boston offers a Psychologist salary of $101K USD, while Minneapolis offers $88K USD — a difference of +15% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $101K in US purchasing power terms, versus $88K for Minneapolis. This means Boston offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — 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.