Salary Report for Colorado Nurse Practitioners
Colorado Rankings
Compare Colorado to U.S.
Colorado Nurse Practitioners earn an average of $112,580 which is 4% less than the national average salary of $118,040.
| Type | Colorado | U.S. | % Difference |
|---|---|---|---|
| Average Hourly Wage | $54.13 | $56.75 | -4.62% |
| Average Annual Salary | $112,580 | $118,040 | -4.63% |
Salary Range by Education and Experience
In Colorado, 50% of Nurse Practitioners earn between $99,880 and $128,360 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Nurse Practitioners earn more than $131,970, a rate generally associated with highly educated and experienced Nurse Practitioners.
Approximately 10% of Nurse Practitioners earn under $78,230, a rate generally reserved for less experienced or entry level Nurse Practitioners.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 354 | Under $78,230 |
| 15% | 2 – 4 years | 531 | $78,230 – $99,880 |
| 25% | 5 – 9 years | 885 | $99,880 – $102,370 |
| 25% | 10 – 14 years | 885 | $102,370 – $128,360 |
| 15% | 15 – 20 years | 531 | $102,370 – $131,970 |
| 10% | 20+ years | 354 | Above $131,970 |
Adjusted for Cost-of-Living
After being adjusted for cost-of-living, Nurse Practitioners in Colorado nurses earn about $109,439 per year which is more than the average U.S. nurse of $118,040.
Cost-of-living in Colorado is 3% higher than the national average, which means Colorado residents have an overall higher cost for food, housing, utilities and transportation compared to other states.
More cost-of-living reports for U.S. States.
Salary Compared to Related Professions
With an average annual salary of $112,580, Colorado Nurse Practitioners tend to earn less than Nurse Anesthetists ($173,820), and Nurse Midwives ($122,620).
However, Nurse Practitioners tend to earn more than Nursing Assistants ($35,210), LPNs ($55,360), Registered Nurses ($80,670), and Nursing Instructors ($82,850).
| Title | Annual Salary |
|---|---|
| Nurse Anesthetists | $173,820 |
| Nurse Midwives | $122,620 |
| Nurse Practitioners | $112,580 |
| Nursing Instructors | $82,850 |
| Registered Nurses | $80,670 |
| LPNs | $55,360 |
| Nursing Assistants | $35,210 |
Projected Demand for Nurses in 2030
The U.S. Department of Labor projects that in Colorado the three professions needing the most new nurses by 2030 are Registered Nurses (68,270), Nursing Assistants (28,350) and LPNs (6,510).
The three professions in Colorado needing highest percentage new nurses by 2030 are Nurse Practitioners (43%), Nursing Instructors (36.8%) and Nurse Anesthetists (29.5%).
| Title | 2020 | 2030 | Change | Yearly Openings |
|---|---|---|---|---|
| Registered Nurses | 53,100 | 68,270 | 28.6% | 4,430 |
| Nursing Assistants | 22,660 | 28,350 | 25.1% | 3,180 |
| LPNs | 5,360 | 6,510 | 21.5% | 520 |
| Nurse Practitioners | 2,930 | 4,190 | 43% | 300 |
| Nursing Instructors | 950 | 1,300 | 36.8% | 120 |
| Nurse Anesthetists | 440 | 570 | 29.5% | 40 |
| Nurse Midwives | 180 | 230 | 27.8% | 20 |
Salaries Ranked by Colorado Cities
The average salary for Nurse Practitioners in Colorado is $112,580. The top cities that pay Nurse Practitioners the most are Southwest Colorado Nonmetropolitan Area ($97,930), Boulder ($118,180) and Denver-Aurora-Lakewood ($115,560).
When adjusted for cost-of-living, the cities that pay Nurse Practitioners the highest average annual salary are Pueblo ($126,765), Grand Junction ($116,396) and Boulder ($115,208).
The following table shows the average yearly salary range for Nurse Practitioners in each city, and the average yearly salary after being adjusted for cost-of-living in that state.
The difference column shows how much more or less purchasing power a Nurse Practitioners salary will have in that area.
| Area | Average Salary | COL Adjusted | Difference |
|---|---|---|---|
| Boulder | $118,180 | $115,208 | $-2,972 |
| Denver-Aurora-Lakewood | $115,560 | $107,708 | $-7,852 |
| Pueblo | $114,380 | $126,765 | $12,385 |
| Fort Collins | $112,680 | $112,522 | $-158 |
| Grand Junction | $110,250 | $116,396 | $6,146 |
| Eastern and Southern Colorado Nonmetropolitan Area | $108,000 | $112,971 | $4,971 |
| Colorado Springs | $107,070 | $109,344 | $2,274 |
| Greeley | $103,200 | $104,921 | $1,721 |
| Northwest Colorado Nonmetropolitan Area | $103,080 | $107,824 | $4,744 |
| Southwest Colorado Nonmetropolitan Area | $97,930 | $102,437 | $4,507 |
Salary FAQ for Colorado Nurse Practitioners
City and Rural Summaries
Boulder
Average Nurse Practitioners Salary: $118,180
Adjusted for Cost-of-Living: $115,208
Hourly Wage: $56.82
Currently Employed: 190
Cost-of-Living Index: 102.58
Boulder Salary Report
Colorado Springs
Average Nurse Practitioners Salary: $107,070
Adjusted for Cost of Living: $109,344
Hourly Wage: $51
Currently Employed: 430
Cost-of-Living Index: 97.92
Colorado Springs Salary Report
Denver-Aurora-Lakewood
Average Nurse Practitioners Salary: $115,560
Adjusted for Cost-of-Living: $107,708
Hourly Wage: $55.56
Currently Employed: 2,010
Cost-of-Living Index: 107.29
Denver-Aurora-Lakewood Salary Report
Eastern and Southern Colorado Nonmetropolitan Area
Average Nurse Practitioners Salary: $108,000
Adjusted for Cost of Living: $112,971
Hourly Wage: $52
Currently Employed: 100
Cost-of-Living Index: 95.60
Eastern and Southern Colorado Nonmetropolitan Area Salary Report
Fort Collins
Average Nurse Practitioners Salary: $112,680
Adjusted for Cost-of-Living: $112,522
Hourly Wage: $54.17
Currently Employed: 200
Cost-of-Living Index: 100.14
Fort Collins Salary Report
Grand Junction
Average Nurse Practitioners Salary: $110,250
Adjusted for Cost of Living: $116,396
Hourly Wage: $53
Currently Employed: 120
Cost-of-Living Index: 94.72
Grand Junction Salary Report
Greeley
Average Nurse Practitioners Salary: $103,200
Adjusted for Cost-of-Living: $104,921
Hourly Wage: $49.61
Currently Employed: 60
Cost-of-Living Index: 98.36
Greeley Salary Report
Northwest Colorado Nonmetropolitan Area
Average Nurse Practitioners Salary: $103,080
Adjusted for Cost of Living: $107,824
Hourly Wage: $50
Currently Employed: 130
Cost-of-Living Index: 95.60
Northwest Colorado Nonmetropolitan Area Salary Report
Pueblo
Average Nurse Practitioners Salary: $114,380
Adjusted for Cost-of-Living: $126,765
Hourly Wage: $54.99
Currently Employed: 140
Cost-of-Living Index: 90.23
Pueblo Salary Report
Southwest Colorado Nonmetropolitan Area
Average Nurse Practitioners Salary: $97,930
Adjusted for Cost of Living: $102,437
Hourly Wage: $47
Currently Employed: 160
Cost-of-Living Index: 95.60
Southwest Colorado Nonmetropolitan Area Salary Report
Official Data Sources for Nurse Practitioners: Salary Data | Projected Employment | Cost of Living Data