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Electrician Salary in Montrose, CO

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

Median Salary
$74,710
per year in Montrose
Entry Level
$38,454
Starting salary
Senior Level
$104,374
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

See how electrician salaries break down across different pay periods in Montrose.

PeriodEntry LevelMedianSenior
Annual$38,454$74,710$104,374
Monthly$3,205$6,226$8,698
Biweekly$1,479$2,873$4,014
Weekly$740$1,437$2,007
Hourly$18$36$50

Montrose vs National Average

How Montrose's electrician salaries compare to national figures.

Montrose Salary
$74,710
COL Index: 95
National Average
$77,100
COL Index: 100
Difference
-$2,390
Lower in Montrose

Cost of Living in Montrose

1-Bedroom Rent
$1,000
per month
Median Income
$44,823
per year
Population
21,301
residents
Rent % of Income
26.8%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Montrose have been adjusted to account for local cost differences.

About Electrician

Overview

Install, maintain, and repair electrical systems and equipment.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Electrical SystemsWiringSafety CodesProblem Solving

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Electrician Salary

See Electrician salaries in other top cities.

New York, NY
$76,450
+2%
Los Angeles, CA
$76,120
+2%
Chicago, IL
$99,540
+33%
Houston, TX
$59,180
-21%
Phoenix, AZ
$59,940
-20%

Financial Tools to Explore

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Electrician Salary in Montrose, CO — Complete Guide

Median Salary Overview

The median salary for a electrician in Montrose, CO is $74,710 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Montrose's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrician professionals in Montrose can expect to earn around $38,454 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $104,374 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Montrose's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Montrose are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,100, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrician's salary in Montrose typically goes toward housing. With a 1-bedroom apartment averaging $1,000 per month, housing represents about 16.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electricians are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Montrose, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.