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Licensed Practical Nurse Salary in Colorado: Cost of Living Adjusted (2024)

What does a Licensed Practical Nurse 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
$67,480
Median annual (2024)
-2.2%
Real Purchasing Power
$65,962
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 Licensed Practical Nurse earning $67,480 in Colorado has the equivalent purchasing power of $65,962 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) $52,320 $51,143 $-1,176
25th Percentile (P25) $60,960 $59,589 $-1,370
Median (P50) $67,480 $65,962 $-1,517
75th Percentile (P75) $77,200 $75,464 $-1,735
90th Percentile (P90) $82,850 $80,987 $-1,862
Key Insight

Colorado's cost of living is close to the national average, so $67,480 keeps most of its value at $65,962 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Licensed Practical Nurse (After Cost of Living)

Where does Licensed Practical Nurse salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Nevada
$76,576
RPP 96.4
2. Alaska
$76,147
RPP 102.0
$74,441
RPP 104.7
4. Arizona
$74,094
RPP 99.9
$72,586
RPP 109.8
6. Oregon
$71,829
RPP 106.6
7. Maine
$70,307
RPP 100.8
$69,981
RPP 109.4
$69,386
RPP 107.6
10. Indiana
$69,379
RPP 91.8

Colorado ranks #25 out of 50 states for Licensed Practical Nurse after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Licensed Practical Nurse in Colorado after cost of living?

A Licensed Practical Nurse in Colorado earns a median salary of $67,480 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $65,962 — 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 Licensed Practical Nurse in Colorado: $67,480 x (100 / 102.3) = $65,962. 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 Licensed Practical Nurse's nominal salary of $67,480 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $65,962. However, Colorado may offer better career opportunities, networking, and industry access.

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