Electrical Engineers Salary in Colorado: Cost of Living Adjusted (2024)

What does a Electrical Engineers 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 2026-04-02

Nominal Salary
$110,010
Median annual (2024)
-2.2%
Real Purchasing Power
$107,536
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 Electrical Engineers earning $110,010 in Colorado has the equivalent purchasing power of $107,536 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) $79,000 $77,223 $-1,776
25th Percentile (P25) $90,760 $88,719 $-2,040
Median (P50) $110,010 $107,536 $-2,473
75th Percentile (P75) $134,720 $131,691 $-3,028
90th Percentile (P90) $164,700 $160,997 $-3,702
Key Insight

Colorado's cost of living is close to the national average, so $110,010 keeps most of its value at $107,536 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Electrical Engineers (After Cost of Living)

Where does Electrical Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$149,318
RPP 91.0
2. Idaho
$129,782
RPP 91.8
$123,773
RPP 107.6
$123,680
RPP 112.5
5. Iowa
$120,780
RPP 88.4
6. Alabama
$120,250
RPP 87.8
$118,635
RPP 88.7
$115,482
RPP 109.8
$114,689
RPP 109.4
10. Maryland
$114,514
RPP 105.0

Colorado ranks #27 out of 50 states for Electrical Engineers after cost-of-living adjustment.

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How much do you actually take home? See Electrical Engineers take-home pay in Colorado after taxes →

Frequently Asked Questions

What is the real salary for a Electrical Engineers in Colorado after cost of living?

A Electrical Engineers in Colorado earns a median salary of $110,010 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $107,536 — 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 Electrical Engineers in Colorado: $110,010 x (100 / 102.3) = $107,536. 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 Electrical Engineers's nominal salary of $110,010 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $107,536. However, Colorado may offer better career opportunities, networking, and industry access.

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