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Locksmiths and Safe Repairers Salary in Colorado: Cost of Living Adjusted (2024)

What does a Locksmiths and Safe Repairers 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
$46,990
Median annual (2024)
-2.2%
Real Purchasing Power
$45,933
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 Locksmiths and Safe Repairers earning $46,990 in Colorado has the equivalent purchasing power of $45,933 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) $34,410 $33,636 $-773
25th Percentile (P25) $40,490 $39,579 $-910
Median (P50) $46,990 $45,933 $-1,056
75th Percentile (P75) $59,520 $58,181 $-1,338
90th Percentile (P90) $69,980 $68,406 $-1,573
Key Insight

Colorado's cost of living is close to the national average, so $46,990 keeps most of its value at $45,933 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Locksmiths and Safe Repairers (After Cost of Living)

Where does Locksmiths and Safe Repairers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$69,837
RPP 104.7
2. Georgia
$64,311
RPP 95.8
$62,865
RPP 97.7
$62,708
RPP 93.4
$60,592
RPP 106.4
6. Alaska
$58,137
RPP 102.0
$57,285
RPP 109.4
$56,797
RPP 102.1
$56,485
RPP 105.0
10. Nevada
$56,358
RPP 96.4

Colorado ranks #41 out of 46 states for Locksmiths and Safe Repairers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Locksmiths and Safe Repairers in Colorado after cost of living?

A Locksmiths and Safe Repairers in Colorado earns a median salary of $46,990 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $45,933 — 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 Locksmiths and Safe Repairers in Colorado: $46,990 x (100 / 102.3) = $45,933. 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 Locksmiths and Safe Repairers's nominal salary of $46,990 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $45,933. However, Colorado may offer better career opportunities, networking, and industry access.

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