There are plenty of resources out there where you can find great information on salaries for software engineers. Glassdoor, Payscale, ZipRecruiter, and our local favorite - BuiltInColorado just to name a few. The issue we found is that much of the data differs by source and does not make connections to other important data points like cost of living and comparison to the national average... So, we did it for you! We hope you find these facts about software engineer salaries in Colorado as interesting as we do! And hopefully seeing all these facts from different sources in one place will help paint a clearer picture.
What is the reported national average base salary by the big resources; Glassdoor, BuiltInColorado, Payscale, and ZipRecruiter?
BuiltInColorado -- Sadly they only report on the Colorado average base salary for a software engineer... Which is $105,470 according to BuiltInCo when this article was written.
The true average once you combine all of these different sources is somewhere around:
--For the rest of this article, we chose to use Glassdoor's salary numbers because other than BuiltInColorado they were the only source to site their sample size, which was ~191,000 salaries. The sample size for Denver, CO was around 2,500 whereas BuiltInColorado's is only 13 total data points for Denver.
How Does Denver's Average Software Engineer Salary of ~$91K Compare To Other Major Tech Cities and their cost of living?
Average base salary - $126,069
Cost of living - 304/100
Median home price of $1.398 Million -- 3.3X Denver
Average base salary - $100,614
Cost of living - 195/100
Median home price of $681K -- 1.6X Denver
Average base salary - $116,494
Cost of living - 204/100
Median home price of $737K -- 1.75X Denver
Average base salary - $107,197
Cost of living - 209/100
Median home price of $694K -- 1.65X Denver
Average base salary - $98,968
Cost of living - 182/100
Median home price of $609K -- 1.45X Denver
So as you can see, despite the first numbers being less than exciting, some of it comes down to the simple comparison of opportunity versus the cost of living. Boulder is definitely a Colorado outlier with its disproportionately high cost of living, hence "The Boulder Bubble." But at the end of the day, Boulder is pretty damn cool if you ask us.
Here at BWBacon Group, we know and live what you are experiencing as an employer or job seeker in Denver, Boulder, Dallas, San Francisco, New York City or any of the other cities we work in. We believe great recruiting starts and ends with understanding people.
If you have any questions about living, working or playing any of the areas we serve, please contact us. We are happy to help. Seize the day, every day, that’s what we say!