Medical Transcriptionists Salary
The median pay for a medical transcriptionists in Minnesota is $50,030/year ($24.05/hour), per BLS data. The range runs from $44K at the entry level to $65K for experienced workers. Cost of living is below average (RPP 92.6), which stretches that salary to about $54,028 in buying power. A 2-bedroom apartment runs $1,384/month, about 42.4% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Minnesota. Jump to a metro for precise data:
So what does $50K get you in Minnesota?
About medical transcriptionists
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Minnesota
Minnesota sits well above the national pay line for medical transcriptionists, local pay runs about 24% higher than the U.S. median of $40K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,384/month, which is 41.3% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 92.6 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. The pay premium is real, but so are the offsets.
Compensation breakdown
Annual earnings by percentile, Minnesota
Entry-level medical transcriptionists (10th percentile) start around $44K. Mid-career wages sit at $50K. Top earners bring in $65K or more, a $21K spread from bottom to top.
Medical Transcriptionists salary by metro in Minnesota
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $49K | -2% | 130 |
Compare to other states
Track medical transcriptionists salary changes
BLS updates this data quarterly. We'll email you when Minnesota numbers change.
Related careers in Healthcare Support
Frequently asked questions
Can a medical transcriptionist afford a 2BR apartment alone in Minnesota?
It’s a stretch — at the median salary of $50K, rent takes 41.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,384/month. The 30% guideline puts the comfortable ceiling at roughly $1,000/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for medical transcriptionists in Minnesota?
The 10th-percentile wage — what new medical transcriptionists typically earn — is $44K/year. Take-home on that works out to about $2,638/month. At HUD’s $1,384/month FMR, rent would take 52% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is medical transcriptionist a high-paying job in Minnesota?
Local pay is 24% above the national median — $50K here vs. $40K nationally.
How does Minnesota compare to the national average for medical transcriptionists?
Minnesota pays $50K median vs. the U.S. average of $40K — that’s +24%. After adjusting for local cost of living (RPP 92.6), the purchasing-power equivalent is $54K — still ahead of the national median.
How much do medical transcriptionists make in Minnesota?
The median is $50,030 a year, that works out to about $24 an hour. But the range is wide: entry-level workers start around $43,970, and experienced medical transcriptionists can clear $64,580. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $50K enough to live in Minnesota?
On that salary, you'd take home roughly $3,355/month after taxes. A 2-bedroom here rents for about $1,384/month, which eats 41.3% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a medical transcriptionists salary go in Minnesota?
Minnesota has a Regional Price Parity of 92.6 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median medical transcriptionists salary is worth about $54,028 in national-average purchasing power.
Where do medical transcriptionists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.