$23 an Hour in Minnesota — After-Tax Take-Home (2026)

At $23/hour (2,080 hours/year), your gross annual income is $47,840. After federal income tax, Social Security, Medicare, and Minnesota state income tax, your take-home pay is $18.71/hr. In Minnesota's medium cost-of-living environment, this is enough to get by in Minnesota, though budget carefully.

Gross Annual
$47,840
Net Annual
$38,921
Net Monthly
$3,243
Net Hourly
$18.71

Pay Period Breakdown

Period Gross Tax Net
Hourly $23.00 $4.29 $18.71
Daily (8 hrs) $184.00 $34.31 $149.69
Weekly (40 hrs) $920.00 $171.53 $748.47
Biweekly $1,840.00 $343.05 $1,496.95
Monthly $3,986.67 $743.28 $3,243.39
Annual $47,840 $8,919 $38,921

Full Tax Breakdown — Minnesota, Single Filer

Item Rate / Notes Amount
Gross Annual Income $23/hr × 2,080 hrs $47,840
Federal Standard Deduction Single 2026 −$16,100
Federal Taxable Income $31,740
Federal Income Tax 7.4% −$3,560.80
Social Security (6.2%) up to $168,600 −$2,966.08
Medicare (1.45%) −$693.68
Minnesota Standard Deduction Single 2026 −$16,100
Minnesota State Income Tax 3.6% −$1,698.82
Total Tax 18.6% effective −$8,919.38
Net Take-Home $38,921

How Does Minnesota Compare?

See how $23/hr take-home differs in other states at the same wage:

Equivalent Annual Salary Pages

$23/hr = $47,840/year gross. See the full state-by-state salary breakdown:

Adjacent Rates in Minnesota

Same Rate, Other States

Cost of Living in Minnesota

⚠ Tight — $23/hr is borderline in Minnesota
  • Avg 1BR rent in Minneapolis: $1,250/mo — over the 30% rule (31% of gross monthly)
  • Minimum comfortable income in Minnesota: $42,000/yr
  • Your net annual: $38,921 ($3,079 below comfortable threshold)
  • Purchasing power equivalent in Texas: ~$23/hr

Working at $23/hr in Minnesota

This is a comfortable income in the Twin Cities. Major corporate employers create stable mid-income employment. The 6.8% state rate on income above $29k is a real factor — notably higher than Iowa, Wisconsin, or Colorado at comparable income levels.

At ${rate}/hr, you work roughly 67 hours each month to cover a typical 1BR in Minneapolis (${rent.toLocaleString()}/mo) -- that's above the 30% gross income guideline. This wage is 2.1x Minnesota's minimum wage of ${ctx.minWage}/hr. Your combined effective tax rate at ${rate}/hr in Minnesota is 18.6% -- federal income tax accounts for 7.4%, FICA 7.6%, and Minnesota state tax 3.6%.

Minnesota has a highly educated workforce and strong corporate base — Target, UnitedHealth Group, 3M, General Mills, and Best Buy are all headquartered here. The Twin Cities metro has a diverse, resilient economy. Healthcare, finance, retail, and manufacturing are major sectors.

Minnesota has a progressive income tax with a top rate of 9.85% — one of the highest in the Midwest. The brackets are steep: the 6.8% rate applies above ~$29k for single filers. This creates a noticeably higher state tax burden at mid and upper incomes relative to neighboring Wisconsin or Iowa.

Minnesota's minimum wage is $11.13/hr for large employers (2026).

Monthly Budget on $23/hr in Minnesota

Based on $3,243/month take-home. Percentages follow common 50/30/20 guidelines adjusted for Minnesota's cost of living.

Category Monthly Annual % of Net
Rent / Housing $1,250 $15,000 38.5%
Food (groceries + dining) $389 $4,668 12.0%
Transportation $324 $3,888 10.0%
Utilities $195 $2,340 6.0%
Healthcare $162 $1,944 5.0%
Entertainment $162 $1,944 5.0%
Savings (10% target) $324 $3,888 10.0%
Remaining / Surplus $437 $5,244 13.5%

Overtime Pay — $23/hr in Minnesota

At time-and-a-half ($34.50/hr), here's what overtime adds to your annual net income in Minnesota. Your marginal tax rate at this income level is ~20.3%.

Extra Hours/Week OT Gross/Week Net/Week (est.) Added Net/Year
5 hrs/week $173 $138 $6,900
10 hrs/week $345 $275 $13,750
20 hrs/week $690 $550 $27,500

Hours to Afford Common Purchases at $23/hr

How many hours of work (gross) to buy common items. Actual cost in after-tax hours is higher — divide by your $18.71 net hourly rate for the true cost in time.

Purchase Price Gross Hours Net Hours
Tank of gas (12 gal) $50 2.2 hrs 2.7 hrs
Week of groceries $120 5.3 hrs 6.5 hrs
iPhone 16 (base) $799 34.8 hrs 42.8 hrs
1 month rent (Minneapolis) $1,250 54.4 hrs 66.9 hrs
Used car ($10k) $10,000 434.8 hrs 534.5 hrs
Median new car ($48k) $48,000 2087 hrs 2565.3 hrs

Frequently Asked Questions

23 an hour -- is it a good wage in Minnesota?

23/hr in Minnesota gives you $38,921/year after taxes -- enough to get by in Minnesota, though budget carefully. Avg 1BR rent in Minneapolis: $1,250/month (exceeds the 30% rule).

What is 23 an hour after taxes in Minnesota?

23/hr in Minnesota = $38,921/year or $3,243/month net. Effective rate: 18.6%.

How does 23/hr go further -- Minnesota or Texas?

23/hr in Minnesota has similar purchasing power to ~23/hr in Texas.

What does 23/hr look like as a monthly budget in Minnesota?

On $3,243/month in Minnesota: rent $1,250, food $389, transport $324, savings $324, surplus ~$437.

How much does overtime add at 23/hr in Minnesota?

At 1.5x (34.50/hr OT), 5 extra hrs/week adds ~$6,900/year net; 10 hrs/week adds ~$13,750/year.