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Compensation and Benefits Managers Salary in Colorado: Cost of Living Adjusted (2024)

What does a Compensation and Benefits Managers salary really buy you in Colorado?

Colorado is 2.3% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$159,570
Median annual (2024)
-2.2%
Real Purchasing Power
$155,982
COL-adjusted (RPP=102.3)

Colorado Cost of Living Index

Colorado's Regional Price Parity (RPP) is 102.3, meaning prices are 2.3% higher the national average. A Compensation and Benefits Managers earning $159,570 in Colorado has the equivalent purchasing power of $155,982 in an average-cost US state.

CO: 102.3
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Colorado's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $116,090 $113,479 $-2,610
25th Percentile (P25) $131,280 $128,328 $-2,951
Median (P50) $159,570 $155,982 $-3,587
75th Percentile (P75) $202,060 $197,517 $-4,542
90th Percentile (P90) $235,830 $230,527 $-5,302
Key Insight

Colorado's cost of living is close to the national average, so $159,570 keeps most of its value at $155,982 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Compensation and Benefits Managers (After Cost of Living)

Where does Compensation and Benefits Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$187,905
RPP 109.8
$174,918
RPP 104.7
$167,886
RPP 108.8
$167,776
RPP 102.1
$166,279
RPP 109.4
$163,931
RPP 107.6
$155,982
RPP 102.3
$154,236
RPP 92.3
$149,539
RPP 93.4
10. Georgia
$147,390
RPP 95.8

Colorado ranks #7 out of 42 states for Compensation and Benefits Managers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Compensation and Benefits Managers in Colorado after cost of living?

A Compensation and Benefits Managers in Colorado earns a median salary of $159,570 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $155,982 — a -2.2% difference.

Is Colorado expensive to live in?

Colorado's cost of living is 2.3% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Colorado is 102.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Compensation and Benefits Managers in Colorado: $159,570 x (100 / 102.3) = $155,982. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Colorado offset the salary?

Partially — a Compensation and Benefits Managers's nominal salary of $159,570 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $155,982. However, Colorado may offer better career opportunities, networking, and industry access.

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