Physical Therapists Salary in Colorado: Cost of Living Adjusted (2024)

What does a Physical Therapists 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
$97,610
Median annual (2024)
-2.2%
Real Purchasing Power
$95,415
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 Physical Therapists earning $97,610 in Colorado has the equivalent purchasing power of $95,415 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) $71,110 $69,511 $-1,598
25th Percentile (P25) $81,750 $79,912 $-1,837
Median (P50) $97,610 $95,415 $-2,194
75th Percentile (P75) $108,260 $105,826 $-2,433
90th Percentile (P90) $129,680 $126,764 $-2,915
Key Insight

Colorado's cost of living is close to the national average, so $97,610 keeps most of its value at $95,415 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Physical Therapists (After Cost of Living)

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

$110,461
RPP 88.8
$110,458
RPP 87.3
$110,384
RPP 91.0
4. Alabama
$110,136
RPP 87.8
$109,183
RPP 90.6
$108,406
RPP 86.6
7. Nevada
$107,883
RPP 96.4
$107,858
RPP 89.2
9. Ohio
$107,584
RPP 91.5
10. Tennessee
$107,505
RPP 91.8

Colorado ranks #38 out of 51 states for Physical Therapists after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Physical Therapists in Colorado earns a median salary of $97,610 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $95,415 — 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 Physical Therapists in Colorado: $97,610 x (100 / 102.3) = $95,415. 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 Physical Therapists's nominal salary of $97,610 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $95,415. However, Colorado may offer better career opportunities, networking, and industry access.

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