Are you making the average hourly wage in Colorado? Colorado’s cost of living is higher than many states across the county. Does Colorado's hourly wage help with the hefty price tag? New data that was recently released helps paint a picture of how Coloradans are doing financially.

Average Colorado Hourly Wage

The U.S. Bureau of Labor Statistics recently unveiled its 2025 data for hourly wages nationwide. Even more specifically, these are the average wages for April 2025.

Colorado Among States With Highest Hourly Pay

We noticed that Colorado has one of the highest averages of hourly pay in the country.

What the Average Hourly Wage in Colorado Means

The average is $39.10 across the state. We want to remind you that this hourly wage includes all occupations and jobs across the state of Colorado.

Annual Income Based on a 40-Hour Work Week

If you were working 40 hours a week, your typical nine-to-five type of job, the average Colorado resident should be taking home a little more than $81,000.

The Real Cost of Living in Colorado

The cost of living comes with many stresses. We live in an expensive place. The biggest headache for Colorado residents, according to a new survey, is housing costs.

READ MORE: Housing Costs Are Coloradans Biggest Stressor

To rent or own a home in Colorado is extremely expensive. It is 20 percent more expensive than anywhere else in the country. The cost of living in Colorado is over $50,000 a year on average.

READ MORE: You Need to Make This Much to Be in Colorado’s Top Ten Percent

The top 10 percent of Colorado residents make over $282,000 per year.

Colorado Shoppers Should Buy These Goods Before Prices Skyrocket

Gallery Credit: Tanner Chambers

Colorado Things on USA Today's '10Best' List - Spring/Summer 2025

They always say, "It's an honor just to be nominated," but winning is always at least a little better. 

Gallery Credit: Dave Jensen