What does a School Psychologists salary really buy you in Colorado?
Colorado is 2.3% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Colorado's Regional Price Parity (RPP) is 102.3, meaning prices are 2.3% higher the national average. A School Psychologists earning $111,060 in Colorado has the equivalent purchasing power of $108,563 in an average-cost US state.
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) | $82,820 | $80,957 | $-1,862 |
| 25th Percentile (P25) | $100,400 | $98,142 | $-2,257 |
| Median (P50) | $111,060 | $108,563 | $-2,496 |
| 75th Percentile (P75) | $133,430 | $130,430 | $-2,999 |
| 90th Percentile (P90) | $153,130 | $149,687 | $-3,442 |
Colorado's cost of living is close to the national average, so $111,060 keeps most of its value at $108,563 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does School Psychologists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Colorado ranks #2 out of 49 states for School Psychologists after cost-of-living adjustment.
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A School Psychologists in Colorado earns a median salary of $111,060 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $108,563 — a -2.2% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a School Psychologists in Colorado: $111,060 x (100 / 102.3) = $108,563. This represents what the salary would be worth in a state with average living costs.
Partially — a School Psychologists's nominal salary of $111,060 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $108,563. However, Colorado may offer better career opportunities, networking, and industry access.