What does a Structural Iron and Steel Workers 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 Structural Iron and Steel Workers earning $61,020 in Colorado has the equivalent purchasing power of $59,648 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) | $43,130 | $42,160 | $-969 |
| 25th Percentile (P25) | $48,430 | $47,341 | $-1,088 |
| Median (P50) | $61,020 | $59,648 | $-1,371 |
| 75th Percentile (P75) | $74,240 | $72,570 | $-1,669 |
| 90th Percentile (P90) | $81,300 | $79,472 | $-1,827 |
Colorado's cost of living is close to the national average, so $61,020 keeps most of its value at $59,648 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does Structural Iron and Steel Workers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Colorado ranks #34 out of 50 states for Structural Iron and Steel Workers after cost-of-living adjustment.
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A Structural Iron and Steel Workers in Colorado earns a median salary of $61,020 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $59,648 — 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 Structural Iron and Steel Workers in Colorado: $61,020 x (100 / 102.3) = $59,648. This represents what the salary would be worth in a state with average living costs.
Partially — a Structural Iron and Steel Workers's nominal salary of $61,020 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $59,648. However, Colorado may offer better career opportunities, networking, and industry access.