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.
Official BLS data · View source

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
| Percentile | Annual | Hourly |
|---|---|---|
| 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
7.45% above the national average
2026 Salary Percentile Distribution in Colorado Springs
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.
Salary Calculator
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 To | Median Salary | Colorado Springs Pays |
|---|---|---|
| National Average | $30,349 | +7.45% more |
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
Colorado Springs has a cost of living 0.71% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
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 (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $47,670 | Actual |
| 2022 | $49,760 | Actual |
| 2023 | $50,740 | Actual |
| 2024 | $51,550 | Actual |
| 2025 | $31,871 | Actual |
| 2026(current) | $32,610 | Estimated |
| 2027 | $33,367 | Projected |
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 (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.
Salary by Experience Level
| Experience | Estimated 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.
More salary data for Colorado Springs, CO:
Frequently Asked Questions
How much do medical billing and coding specialists make in Colorado Springs, CO in 2026?
Is Colorado Springs, CO a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Colorado Springs?
What is the cost-of-living adjusted medical billing and coding specialist salary in Colorado Springs?
How much does a medical billing and coding specialist make per hour in Colorado Springs?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Colorado
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
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