Typical local-market pay: $150,000/year (Verified BLS OES May 2024 · Doximity 2025 · NALP 2025 · Levels.fyi). Lifestyle equivalent of a New York $150,000 salary: $92,100/year (COLI-scaled, not market pay). COLI rank #43 of 113.
COLI-scaled lifestyle-equivalent range for a investment banker in Minneapolis (NYC baseline × COLI 61.4 / 100). This is not local market pay.
Highest COLI-scaled lifestyle equivalents (not local market pay):
| City | Local market | Lifestyle equivalent | Take-Home |
|---|---|---|---|
| Zurich | CHF 87,506 | CHF 148,760 | 61% |
| Geneva | CHF 87,506 | CHF 144,142 | 57% |
| New York | $150,000 | $150,000 | 63% |
| San Francisco | $150,000 | $146,400 | 64% |
| Singapore | S$121,152 | S$171,372 | 76% |
Sponsored
Send money internationally at the real exchange rate. Save up to 6x vs traditional banks.
Try Wise for Free →Local-market pay for a investment banker in Minneapolis is approximately $150,000/year (Verified · BLS OES May 2024 · Doximity 2025 · NALP 2025 · Levels.fyi). Separately, the lifestyle equivalent of a New York $150,000 salary is $92,100 (COLI 61.4, NYC = 100). That equivalent is not what someone earns locally. COLI-scaled entry/senior lifestyle equivalents: $49,120 – $214,900.
After income tax and social contributions in United States, a investment banker in Minneapolis takes home approximately 65% of their gross salary, or around $8,138/month ($97,650/year in USD equivalent).
Minneapolis ranks #43 out of 113 cities on COLI-scaled lifestyle equivalent for investment bankers (not local market rank). The top city on that equivalent scale is Zurich.