Anesthesiologist Hourly Pay in Elk River, MN: $189.81 (2026)
Quick Answer:Hourly pay for a anesthesiologist working in Elk River, MN runs $189.81 at the median for 2026 — annualizing to $394,806 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1211). Weighted against Elk River's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $192.70 nationally would. A 24-hour part-time schedule grosses $236,888 per year.
Based on BLS state-level estimates · View source

In Elk River, Minnesota, the anesthesiologist hourly pay is projected to be $189.81 in 2026, which is slightly below the national hourly median of $196.69. This hourly rate can significantly impact part-time professionals working three days a week, as well as per diem anesthesiologists operating in various settings such as main operating rooms, ambulatory surgery centers, and ICU consult services. With an hourly range from $110.09 at the entry-level to $270.63 for top earners, there are substantial opportunities for anesthesiologists looking to maximize their income while achieving work-life balance. The earnings outlined here reflect estimates based on annual salary data, offering a snapshot of what professionals in this field can expect in Elk River.
About the Elk River Market
Salary estimated from Minnesota average ($400,000) adjusted for local cost of living.
Anesthesiologist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $110.09 | $880.73 |
| Lower Range (P25) | $136.67 | $1093.32 |
| Median (P50) | $189.81 | $1518.51 |
| Upper Range (P75) | $229.10 | $1832.76 |
| Top Earners (P90) | $270.63 | $2165.07 |
Estimated Annual Income by Work Schedule in Elk River
Based on $189.81/hr median hourly rate · 2026 est.
At $189.81/hr, a anesthesiologist working full-time (40 hr/wk) in Elk River, MN can expect to earn approximately $394,813 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $227,777. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Elk River.
Hourly Rate Calculator
Schedule Comparison in Elk River
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $7,592.55 | $32,901 | $394,813 |
| Part-Time (24 hrs) | $4,555.53 | $19,741 | $236,888 |
| Per Diem (16 hrs) | $3,037.02 | $13,160 | $157,925 |
Compare ANES Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Anesthesiologist (Elk River) | $189.81 |
| Surgeon, All Other (National Avg) | $168.27 |
| Radiologist (National Avg) | $168.27 |
| Nurse Anesthetist (National Avg) | $106.73 |
| Physician Assistant (National Avg) | $64.13 |
Anesthesiologists in Elk River, MN earn a median of $394,806 per year (2026 est.), which is 3.50% lower than the national median of $409,107 and 2.00% below the Minnesota state average of $402,863.
Anesthesiologist Hourly Pay vs. Cost of Living
Working 24h/week at $189.81/hr = $236,888/year (purchasing power: $240,495).
Working 40h/week (full-time) = $394,813/year (purchasing power: $400,825).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$139.48/hr
2025 BLS Actual
$181.64/hr
2026 Current Est.
$189.81/hr
2019–2027 Growth
+42.2%
Hourly Rate Trajectory for Anesthesiologists in Elk River (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $139.48/hr | Actual |
| 2020 | $145.76/hr | Actual |
| 2021 | $152.32/hr | Actual |
| 2022 | $159.17/hr | Actual |
| 2023 | $166.33/hr | Actual |
| 2024 | $185.59/hr | Actual |
| 2025 | $181.64/hr | Actual |
| 2026(current) | $189.81/hr | Estimated |
| 2027 | $198.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for anesthesiologists in Elk River grew 30.2% from $139.48/hr (2019) to $181.64/hr (2025). At a 4.50% projected growth rate, hourly pay is expected to reach $198.36/hr by 2027. Part-time and per-diem anesthesiologists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Elk River metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Anesthesiologist in Elk River
Considering the potential for part-time work, an anesthesiologist who opts for a 24-hour workweek could take home a substantial annual income, depending on their hourly arrangement. Per diem anesthesiologist pay in Elk River may range between $1,800 and $3,000 per day, particularly for specialized services like cardiac or pediatric anesthesia. Different employer types, such as hospital systems, private anesthesia groups, and academic institutions, tend to offer varied hourly rates due to differing compensation structures. For instance, W-2 employed positions typically come with health benefits that might reduce the effective hourly pay compared to independent contractors who may earn more but lack health insurance. For anesthesiologists in Elk River, understanding the nuances of these contracts and the importance of negotiation can play a crucial role in optimizing their hourly earnings while weighing the costs of benefits against higher pay without them.
More salary data for Elk River, MN:
Frequently Asked Questions
What is the hourly rate for anesthesiologists in Elk River in 2026?
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 4.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for anesthesiologists in Elk River. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Elk River is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov