What does a Tool and Die Makers 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 Tool and Die Makers earning $62,970 in Colorado has the equivalent purchasing power of $61,554 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) | $46,080 | $45,043 | $-1,036 |
| 25th Percentile (P25) | $50,960 | $49,814 | $-1,145 |
| Median (P50) | $62,970 | $61,554 | $-1,415 |
| 75th Percentile (P75) | $78,250 | $76,490 | $-1,759 |
| 90th Percentile (P90) | $91,790 | $89,726 | $-2,063 |
Colorado's cost of living is close to the national average, so $62,970 keeps most of its value at $61,554 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does Tool and Die Makers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Colorado ranks #31 out of 44 states for Tool and Die Makers after cost-of-living adjustment.
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A Tool and Die Makers in Colorado earns a median salary of $62,970 per year. After adjusting for Colorado's cost of living (RPP=102.3), the real purchasing power is $61,554 — 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 Tool and Die Makers in Colorado: $62,970 x (100 / 102.3) = $61,554. This represents what the salary would be worth in a state with average living costs.
Partially — a Tool and Die Makers's nominal salary of $62,970 in Colorado has 2.2% less purchasing power due to higher living costs. The real value is $61,554. However, Colorado may offer better career opportunities, networking, and industry access.