Medical Billing Salary

Medical Billing and Coding Specialist Salary in Colorado Springs, CO: $32,610 (2026)

Quick Answer:A full-time medical billing and coding specialist in Colorado Springs, CO earns a median $32,610/year (≈ $15.68/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Colorado Springs's price level (1% above national, BEA RPP 100.7), that paycheck buys what $32,381 would nationally. Nominal pay sits 0.0% above the Colorado state average.

$32,610
Median Annual Salary
$15.68/hr
Median Hourly Rate
$24,408
Entry Level (P10)
$46,361
Top Earners (P90)

Official BLS data · View source

Medical Billing and Coding Specialist Salary in Colorado Springs, CO — 2026 est., based on 2025 BLS
Colorado Springs, CO medical billing and coding specialist salary overview (2026 est., based on 2025 BLS)

In Colorado Springs, the projected median annual salary for a medical billing and coding specialist is $32,610 in 2026, reflecting a competitive market that is bolstered by the rise in remote work options. This salary sits above the national median of $30,349, indicating that local professionals might enjoy better compensation compared to the broader market. The overall salary spectrum ranges from $24,408 at the lower tenth percentile to $46,361 at the upper ninetieth percentile, showcasing a significant variation that can be influenced by factors like experience, credentials, and workplace setting. This data is derived from official Bureau of Labor Statistics (BLS) OEWS surveys, which indicate a growing demand in this sector as healthcare evolves in Colorado Springs.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$24,408$11.74
Lower Range (P25)$28,575$13.74
Median (P50)(typical)$32,610$15.68
Upper Range (P75)$38,414$18.47
Top Earners (P90)$46,361$22.29

Median Salary Position

$24,408$46,361
City Median: $32,610
National: $30,349
P10–P90 Range

7.45% above the national average

2026 Salary Percentile Distribution in Colorado Springs

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Colorado Springs. The median salary is $32,610, compared to the national median of $30,349.$22.0K$28.6K$35.3K$42.0K$48.7K$24.4K10th Pctl$28.6K25th Pctl$32.6KMedian$38.4K75th Pctl$46.4K90th PctlUS Median$30.3K

In Colorado Springs, CO, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,953 (2026 est.). At $32,610, the local median is 7.45% above the national median of $30,349.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of medical billing and coding specialist pay in the Colorado Springs metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$627
per week
$2,717
per month
$32,605
per year

At 40 hours/week in Colorado Springs: You'd be in the lower-middle range

How Colorado Springs Medical Billing and Coding Specialist Pay Compares

Colorado Springs median: $32,610/year (2026)

Compared ToMedian SalaryColorado Springs Pays
National Average$30,349+7.45% more
Horizontal bar chart comparing medical billing and coding specialist median salary in Colorado Springs ($32,610) and the US national median ($30,349).Colorado Springs$32,610US National$30,349+7.45%

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.

Cost-of-Living Adjusted Salary

$32,610
Nominal Salary
100.707
CoL Index
$32,381
Adjusted Salary

Colorado Springs has a cost of living 0.71% above the national average.

Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.

The nominal salary is $32,610. After adjusting for a cost-of-living index of 100.707, the purchasing-power equivalent is $32,381, a loss of $229.$25.8K$28.7K$31.6K$34.6K$37.5K$32,610NominalSalary$32,381CoL Adjusted(CoL: 100.707) -0.70%US Median $30.3K

Colorado Springs, CO has a cost-of-living index of 100.707 (above the national average of 100). While the nominal salary of $32,610 is competitive, the higher cost of living reduces purchasing power to an effective $32,381 — a 0.7% reduction.

Compare Purchasing Power

Select a city to see how your salary compares after cost of living

Select a city above to compare purchasing power

2021 BLS Actual

$47,670

2025 BLS Actual

$31,871

2026 Current Est.

$32,610

2021–2027 Growth

+-30.0%

Salary Trajectory for Medical Billing and Coding Specialists in Colorado Springs (20212027)

2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.

BLS Actual Estimated Projected
Salary trajectory chart for medical billing and coding specialists in Colorado Springs. Baseline $47,670 in 2025, projected to $33,367 by 2027.$27.9K$34.8K$41.7K$48.6K$55.5K20212022202320242025202620272025 BLS$47.7K$49.8K$50.7K$51.5K$31.9K$32.6K$33.4K
YearAnnual SalaryStatus
2021$47,670Actual
2022$49,760Actual
2023$50,740Actual
2024$51,550Actual
2025$31,871Actual
2026(current)$32,610Estimated
2027$33,367Projected

Based on 5 years of BLS OEWS data for the Colorado Springs metropolitan area, the median medical billing and coding specialist salary grew -33.1% from $47,670 (2021) to $31,871 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,367 by 2027 — a total increase of $-14,303 (-30.00%) from 2021.

Note: Historical values (20212025) are actual BLS OEWS figures for the Colorado Springs metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Salary by Experience Level

ExperienceEstimated Salary Range
0-2 years (New Graduate)$24,408$28,575
3-5 years (Mid Career)$28,575$32,610
5+ years (Experienced)$32,610$38,414
10+ years (Top Earner)$38,414$46,361

MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.

Medical Billing and Coding Specialist Job Market in Colorado Springs

With around 200 medical billing and coding specialists currently employed in the area, local job opportunities appear stable, though the cost of living index stands at 100.707, representing a slight premium compared to the national average. This implies that while salaries are competitive, purchasing power may be affected. Among the local employers, physician group practice coding offices and hospital inpatient coding departments tend to offer the highest pay. Factors driving wage variation in Colorado Springs include coding specialty areas—such as inpatient CCS or outpatient CPC—credentials like CPC and CRC, and the potential for productivity bonuses. To enhance earnings, specialists should consider obtaining multiple credentials and staying updated with coding guidelines. Engaging in remote positions with third-party coding companies may also provide flexibility and other financial benefits aligned with the current trend in the industry.

Frequently Asked Questions

How much do medical billing and coding specialists make in Colorado Springs, CO in 2026?

The estimated 2026 median medical billing and coding specialist salary in Colorado Springs is $32,610/year ($15.68/hour), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Salaries range from $24,408 at entry level (10th percentile) to $46,361 for experienced top earners (90th percentile). This puts Colorado Springs at 7.4% above the national median. Full-time medical billing and coding specialists typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Colorado Springs, CO a good place to work as a medical billing and coding specialist?

Colorado Springs medical billing and coding specialist salaries are 7.4% above the national average and 0.0% above the Colorado state average. The metro area employs approximately 200 medical billing and coding specialists. With a cost-of-living index of 100.707, you should factor in higher living costs when evaluating compensation. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can medical billing and coding specialists make $100K in Colorado Springs?

The median medical billing and coding specialist salary in Colorado Springs is $32,610, and the 90th percentile earns $46,361. Reaching $100K in this market typically requires a combination of advanced certifications, working at multiple practices, or transitioning into education or consulting roles.

What is the cost-of-living adjusted medical billing and coding specialist salary in Colorado Springs?

After adjusting for Colorado Springs's cost-of-living index of 100.707 (where 100 equals the national average), the $32,610 nominal salary has purchasing power equivalent to $32,381 in an average-cost city. This means living costs in Colorado Springs reduce the effective value of your salary by 0.7% compared to the national average — consider negotiating higher base pay or exploring nearby lower-cost metros.

How much does a medical billing and coding specialist make per hour in Colorado Springs?

Medical Billing and Coding Specialists in Colorado Springs earn a median hourly rate of $15.68, which translates to approximately $32,610/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $11.74 for entry-level positions to $22.29 for the most experienced practitioners. Part-time and per diem medical billing and coding specialists sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

Nearby Cities in Colorado

AP

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.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

Methodology & Data Source

Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $31,871 for medical billing and coding specialistsin the Colorado Springs metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.

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

Last verified: