Medical Billing and Coding Specialist Hourly Pay in Colorado Springs, CO: $15.68 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Colorado Springs, CO runs $15.68 at the median for 2026 — annualizing to $32,610 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Colorado Springs's regional price level (BEA RPP 100.7, 1% above national), each hour of work buys what $15.57 nationally would. A 24-hour part-time schedule grosses $19,563 per year.
Official BLS data · View source
In Colorado Springs, a medical billing and coding specialist earns a median hourly rate of $15.68, surpassing the national median of $14.59. This pay rate positions professionals favorably, especially for those seeking part-time positions or per diem work. With many specialists opting for flexible schedules, such as three days a week, they can expect to earn an hourly wage that reflects their skills and experience across various settings. Entry-level positions may start at around $11.74 per hour, while seasoned experts have the potential to earn up to $22.29, according to official Bureau of Labor Statistics (BLS) projections for 2026. Given the shift towards remote work, especially in the wake of the 2020 pandemic, these specialists find ample opportunities in home offices, hospital coding departments, and third-party coding companies, catering to a diverse client base.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $11.74 | $93.89 |
| Lower Range (P25) | $13.74 | $109.93 |
| Median (P50) | $15.68 | $125.40 |
| Upper Range (P75) | $18.47 | $147.75 |
| Top Earners (P90) | $22.29 | $178.28 |
Estimated Annual Income by Work Schedule in Colorado Springs
Based on $15.68/hr median hourly rate · 2026 est.
At $15.68/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Colorado Springs, CO can expect to earn approximately $32,605 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $18,811. With a cost-of-living index of 100.71 (above the national average), these earnings may be offset by higher expenses in Colorado Springs.
Hourly Rate Calculator
Schedule Comparison in Colorado Springs
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $627.02 | $2,717 | $32,605 |
| Part-Time (24 hrs) | $376.21 | $1,630 | $19,563 |
| Per Diem (16 hrs) | $250.81 | $1,087 | $13,042 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Colorado Springs) | $15.68 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in Colorado Springs, CO earn a median of $32,610 per year (2026 est.), which is 7.45% higher than the national median of $30,349.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $15.68/hr = $19,563/year (purchasing power: $19,426).
Working 40h/week (full-time) = $32,605/year (purchasing power: $32,376).
CoL index: 100.707 (100 = national average).
2021 BLS Actual
$22.92/hr
2025 BLS Actual
$15.32/hr
2026 Current Est.
$15.68/hr
2021–2027 Growth
+-30.0%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Colorado Springs (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $22.92/hr | Actual |
| 2022 | $23.92/hr | Actual |
| 2023 | $24.40/hr | Actual |
| 2024 | $24.79/hr | Actual |
| 2025 | $15.32/hr | Actual |
| 2026(current) | $15.68/hr | Estimated |
| 2027 | $16.04/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Colorado Springs grew -33.2% from $22.92/hr (2021) to $15.32/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $16.04/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Colorado Springs metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Medical Billing and Coding Specialist in Colorado Springs
For those considering part-time roles within the medical billing and coding sector, working three days a week, or approximately 24 hours, translates to a substantially lower annual earnings potential compared to full-time positions. Per diem opportunities offer a different context; many coders operating as independent contractors can charge between $25-$42 per hour, with specialized roles, such as Certified Coding Specialists (CCS) focusing on inpatient coding, reaching rates of $35-$55 per hour. The pay can be significantly higher for risk adjustment coders servicing Medicare Advantage plans, who can see rates between $40-$65 per hour. The hourly pay can vary across employer types in Colorado Springs, including physician group practices, hospital coding departments, and consulting firms, each with distinct compensation structures. Some specialists might opt for lower hourly wages in exchange for benefits like health insurance. For negotiating pay, it’s beneficial to emphasize experience with ICD-10-CM and current healthcare trends, especially in risk adjustment, while highlighting the added value of certifications from recognized bodies like AAPC and AHIMA.
More salary data for Colorado Springs, CO:
Frequently Asked Questions
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in Colorado Springs. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov