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Machinists Salary in Colorado: Cost of Living Adjusted (2024)

What does a Machinists 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
$58,890
Median annual (2024)
-2.2%
Real Purchasing Power
$57,565
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 Machinists earning $58,890 in Colorado has the equivalent purchasing power of $57,565 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) $41,410 $40,478 $-931
25th Percentile (P25) $47,800 $46,725 $-1,074
Median (P50) $58,890 $57,565 $-1,324
75th Percentile (P75) $70,650 $69,061 $-1,588
90th Percentile (P90) $79,190 $77,409 $-1,780
Key Insight

Colorado's cost of living is close to the national average, so $58,890 keeps most of its value at $57,565 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Machinists (After Cost of Living)

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

1. Alaska
$71,284
RPP 102.0
2. Wyoming
$69,662
RPP 91.9
3. Hawaii
$69,548
RPP 110.8
4. Montana
$67,807
RPP 90.3
$65,512
RPP 88.7
$64,801
RPP 90.6
$64,654
RPP 89.8
8. Utah
$63,968
RPP 94.5
$63,578
RPP 91.1
$63,208
RPP 91.0

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

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Frequently Asked Questions

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

A Machinists in Colorado earns a median salary of $58,890 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $57,565 — 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 Machinists in Colorado: $58,890 x (100 / 102.3) = $57,565. 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 Machinists's nominal salary of $58,890 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $57,565. However, Colorado may offer better career opportunities, networking, and industry access.

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