Medical Billing Salary

Medical Billing and Coding Specialist Salary in Cody, WY: $16,211 (2026)

Quick Answer:A full-time medical billing and coding specialist in Cody, WY earns a median $16,211/year (≈ $7.80/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Cody's price level (4% below national, BEA RPP 95.8), that paycheck buys what $16,922 would nationally. Nominal pay sits 3.9% below the Wyoming state average.

$16,211
Median Annual Salary
$7.80/hr
Median Hourly Rate
$12,476
Entry Level (P10)
$23,716
Top Earners (P90)

Based on BLS state-level estimates · View source

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

In Cody, Wyoming, the projected salary for a medical billing and coding specialist in 2026 is set at $16,211 annually, which starkly contrasts with the national median of $30,349. The local salary range stretches from $12,476 at the 10th percentile to $23,716 at the 90th percentile, reflecting the varying levels of expertise and specialization within the field. Salaries can differ greatly depending on the type of medical billing and coding performed, with inpatient coding (CCS) generally offering higher compensation compared to outpatient coding (CPC) and risk adjustment coding (CRC). These estimates are derived from 2025 BLS data, adjusted for regional cost variations, pointing to a significant employment opportunity amid the relatively small labor pool of just five medical billing and coding specialists in the area.

About the Cody Market

Salary estimated from Wyoming average ($48,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$12,476$6.00
Lower Range (P25)$14,093$6.77
Median (P50)(typical)$16,211$7.80
Upper Range (P75)$19,752$9.50
Top Earners (P90)$23,716$11.40

Median Salary Position

$12,476$30,349
City Median: $16,211
National: $30,349
P10–P90 Range

46.58% below the national average

2026 Salary Percentile Distribution in Cody

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Cody. The median salary is $16,211, compared to the national median of $30,349.$11.2K$16.4K$21.5K$26.7K$31.9K$12.5K10th Pctl$14.1K25th Pctl$16.2KMedian$19.8K75th Pctl$23.7K90th PctlUS Median$30.3K

In Cody, WY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $11,240 (2026 est.). At $16,211, the local median is 46.58% below 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 Cody metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$312
per week
$1,351
per month
$16,217
per year

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

How Cody Medical Billing and Coding Specialist Pay Compares

Cody median: $16,211/year (2026)

Compared ToMedian SalaryCody Pays
Wyoming Average$16,868-3.90% less
National Average$30,349-46.58% less
Horizontal bar chart comparing medical billing and coding specialist median salary in Cody ($16,211) with Wyoming average ($16,868) and the US national median ($30,349).Cody$16,211Wyoming Avg$16,868-3.90%US National$30,349-46.58%

Medical Billing and Coding Specialists in Cody, WY earn a median of $16,211 per year (2026 est.), which is 46.58% lower than the national median of $30,349 and 3.90% below the Wyoming state average of $16,868.

Cost-of-Living Adjusted Salary

$16,211
Nominal Salary
95.8
CoL Index
$16,922
Adjusted Salary

Cody has a cost of living 4.20% below the national average, meaning your salary goes further here.

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

The nominal salary is $16,211. After adjusting for a cost-of-living index of 95.8, the purchasing-power equivalent is $16,922, a gain of $711.$13.8K$19.1K$24.3K$29.6K$34.9K$16,211NominalSalary$16,922CoL Adjusted(CoL: 95.8) 4.39%US Median $30.3K

Cody, WY has a cost-of-living index of 95.8 (below the national average of 100). A medical billing and coding specialist earning $16,211 nominally has purchasing power equivalent to $16,922 in an average-cost city — an effective 4.39% boost.

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2021 BLS Actual

$14,455

2025 BLS Actual

$15,843

2026 Current Est.

$16,211

2021–2027 Growth

+14.7%

Salary Trajectory for Medical Billing and Coding Specialists in Cody (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 Cody. Baseline $14,455 in 2025, projected to $16,587 by 2027.$8.5K$18.9K$29.3K$39.7K$50.2K20212022202320242025202620272025 BLS$14.5K$14.6K$15.1K$44.2K$15.8K$16.2K$16.6K
YearAnnual SalaryStatus
2021$14,455Actual
2022$14,616Actual
2023$15,112Actual
2024$44,205Actual
2025$15,843Actual
2026(current)$16,211Estimated
2027$16,587Projected

Based on 5 years of BLS OEWS data for the Cody metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,455 (2021) to $15,843 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $16,587 by 2027 — a total increase of $2,132 (14.75%) from 2021.

Note: Historical values (20212025) are actual BLS OEWS figures for the Cody 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)$12,476$14,093
3-5 years (Mid Career)$14,093$16,211
5+ years (Experienced)$16,211$19,752
10+ years (Top Earner)$19,752$23,716

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 Cody

The job market for medical billing and coding specialists in Cody remains stable, with a modest growth rate of 2.32% projected annually over the next five years. A lower cost of living index of 95.8 presents a slightly improved purchasing power for local specialists, although the overall compensation lags behind national figures. Employers such as physician group practices and hospital inpatient coding departments typically offer the most competitive wages, while remote positions with third-party coding companies are becoming increasingly common among workers seeking flexibility. The significant pay disparity is driven by factors like specialization, additional credentials, and the nature of work, with those holding multiple certifications (CPC, CCS, and CRC) achieving higher compensation. To maximize earning potential in Cody, individuals should focus on continuous education, stay updated with ICD-10-CM and quarterly CPT guidelines, and consider expertise in high-demand areas like risk adjustment and HCC coding—fields that are witnessing notable growth.

Frequently Asked Questions

How much do medical billing and coding specialists make in Cody, WY in 2026?

The estimated 2026 median medical billing and coding specialist salary in Cody is $16,211/year ($7.80/hour), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Salaries range from $12,476 at entry level (10th percentile) to $23,716 for experienced top earners (90th percentile). This puts Cody at 46.6% below 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 Cody, WY a good place to work as a medical billing and coding specialist?

Cody medical billing and coding specialist salaries are 46.6% below the national average and 3.9% below the Wyoming state average. The metro area employs approximately 5 medical billing and coding specialists. With a cost-of-living index of 95.8, your salary stretches further here than in higher-cost metros. 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 Cody?

The median medical billing and coding specialist salary in Cody is $16,211, and the 90th percentile earns $23,716. 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 Cody?

After adjusting for Cody's cost-of-living index of 95.8 (where 100 equals the national average), the $16,211 nominal salary has purchasing power equivalent to $16,922 in an average-cost city. This means your dollar goes 4.4% further in Cody compared to the national average, making it an attractive location for medical billing and coding specialists seeking strong real wages.

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

Medical Billing and Coding Specialists in Cody earn a median hourly rate of $7.80, which translates to approximately $16,211/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $6.00 for entry-level positions to $11.40 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

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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 $15,843 for medical billing and coding specialistsin the Cody 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

Salary data for Cody is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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