Medical Billing and Coding Specialist Hourly Pay in Cottage Grove, MN: $8.23 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Cottage Grove, MN runs $8.23 at the median for 2026 — annualizing to $17,112 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Cottage Grove's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $8.35 nationally would. A 24-hour part-time schedule grosses $10,267 per year.
Based on BLS state-level estimates · View source
In Cottage Grove, Minnesota, medical billing and coding specialists earn a median hourly rate of $8.23, which is considerably lower than the national median of $14.59. For those considering part-time opportunities, for instance, working three days a week, this translates to limited earnings and is reflective of the profession's entry-level positions. The hourly range stretches from $6.07 for those just starting out to $12.36 for top earners, offering a glimpse into the varying financial landscape of the field. With the predominance of remote work environments post-2020—be it from home offices or third-party coding companies—this hourly pay has significant implications for part-time and per-diem workers, who must negotiate their rates carefully based on their individual circumstances and workplace settings.
About the Cottage Grove Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $6.07 | $48.54 |
| Lower Range (P25) | $6.99 | $55.91 |
| Median (P50) | $8.23 | $65.81 |
| Upper Range (P75) | $10.12 | $80.96 |
| Top Earners (P90) | $12.36 | $98.88 |
Estimated Annual Income by Work Schedule in Cottage Grove
Based on $8.23/hr median hourly rate · 2026 est.
At $8.23/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Cottage Grove, MN can expect to earn approximately $17,111 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $9,872. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Cottage Grove.
Hourly Rate Calculator
Schedule Comparison in Cottage Grove
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $329.06 | $1,426 | $17,111 |
| Part-Time (24 hrs) | $197.44 | $856 | $10,267 |
| Per Diem (16 hrs) | $131.62 | $570 | $6,844 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Cottage Grove) | $8.23 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in Cottage Grove, MN earn a median of $17,112 per year (2026 est.), which is 43.62% lower than the national median of $30,349 and 1.30% below the Minnesota state average of $17,337.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $8.23/hr = $10,267/year (purchasing power: $10,423).
Working 40h/week (full-time) = $17,111/year (purchasing power: $17,372).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$7.34/hr
2025 BLS Actual
$8.04/hr
2026 Current Est.
$8.23/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Cottage Grove (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $7.34/hr | Actual |
| 2022 | $7.42/hr | Actual |
| 2023 | $7.67/hr | Actual |
| 2024 | $25.24/hr | Actual |
| 2025 | $8.04/hr | Actual |
| 2026(current) | $8.23/hr | Estimated |
| 2027 | $8.42/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Cottage Grove grew 9.6% from $7.34/hr (2021) to $8.04/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $8.42/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Cottage Grove 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 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Medical Billing and Coding Specialist in Cottage Grove
When examining the financial potential and realities for medical billing and coding specialists in Cottage Grove, those working part-time (around 24 hours a week) can expect to bring in significantly less annually than their full-time colleagues. Meanwhile, per-diem roles present a more lucrative alternative; many charge anywhere from $25 to $42 per hour, with specialized coders in risk adjustment often earning between $40 and $65 per hour. The employer type also influences pay; physician group practices and hospital coding departments may offer more stability albeit at potentially lower rates than consulting firms or third-party coding services, which may trade higher pay for fewer benefits. This decision-making process often involves weighing the benefits of steady health insurance against the allure of a higher hourly wage without company-provided benefits. Negotiation is key—acknowledging Cottage Grove's specific market rates while showcasing relevant certifications from recognized bodies like AAPC or AHIMA can help specialists secure competitive pay rates.
More salary data for Cottage Grove, MN:
Frequently Asked Questions
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
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 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in Cottage Grove. 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 Cottage Grove 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 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov