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Electrical Engineer Salary in Denver, CO

How much does a electrical engineer make in Denver? Explore median, entry-level, and senior salaries adjusted for Denver's cost of living.

Median Salary
$110,570
per year in Denver
Entry Level
$67,209
Starting salary
Senior Level
$151,763
Experienced professionals
Cost of Living
129
29% above national avg

Salary Breakdown by Experience Level

See how electrical engineer salaries break down across different pay periods in Denver.

PeriodEntry LevelMedianSenior
Annual$67,209$110,570$151,763
Monthly$5,601$9,214$12,647
Biweekly$2,585$4,253$5,837
Weekly$1,292$2,126$2,919
Hourly$32$53$73

Denver vs National Average

How Denver's electrical engineer salaries compare to national figures.

Denver Salary
$110,570
COL Index: 129
National Average
$115,820
COL Index: 100
Difference
-$5,250
Lower in Denver

Cost of Living in Denver

1-Bedroom Rent
$1,850
per month
Median Income
$69,452
per year
Population
727,211
residents
Rent % of Income
32.0%
median household
Cost of Living Index: 129 — A score of 100 represents the U.S. average. Salaries in Denver have been adjusted to account for local cost differences.

About Electrical Engineer

Overview

Design and develop electrical equipment, systems, and components.

Education

Bachelor's degree in Electrical Engineering; PE license recommended

Key Skills

Circuit DesignElectrical SystemsAutoCADPower Systems

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Electrical Engineer Salary

See Electrical Engineer salaries in other top cities.

New York, NY
$127,160
+15%
Los Angeles, CA
$134,900
+22%
Chicago, IL
$109,010
-1%
Houston, TX
$110,210
0%
Phoenix, AZ
$109,820
-1%

Financial Tools to Explore

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Electrical Engineer Salary in Denver, CO — Complete Guide

Median Salary Overview

The median salary for a electrical engineer in Denver, CO is $110,570 per year, adjusted for the local cost of living index of 129. This figure reflects typical earnings for experienced professionals in this role, considering Denver's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrical engineer professionals in Denver can expect to earn around $67,209 annually. As professionals gain experience, salaries typically increase, with senior-level electrical engineers earning approximately $151,763 per year. This represents a 126% increase from entry to senior level.

Cost of Living Adjustment

Denver's cost of living index of 129 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Denver are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $115,820, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrical engineer's salary in Denver typically goes toward housing. With a 1-bedroom apartment averaging $1,850 per month, housing represents about 20.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electrical Engineers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Denver, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.