Salary & Cost of Living in Aurora, CO
Aurora, CO: $63,500 median salary, cost of living index 105, $14.81/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$63,500
$31/hr
Cost of Living
105
US avg = 100
Minimum Wage
$14.81
per hour
Unemployment
3.5%
rate
Aurora, CO Overview
Population
386,261
Median Salary
$63,500
Average Salary
$70,000
Avg Commute
30 min
Median Home Price
$430,000
Median Rent
$1,600/mo
Job Growth
+2%
Sales Tax
8.5%
Aurora is located in Colorado with a population of 386,261. The median household salary is $63,500 per year ($31/hour), which is $4,116 above the national median of $59,384. The average commute time is 30 minutes, and the city has a job growth rate of +2%.
Aurora Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Aurora, CO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$50,264
$4,188.69/month · $1,933.24/biweekly · Effective Rate: 20.8%
Gross Pay
$63,500
Federal Tax
-$5,584
State Tax
-$2,794
Local Tax
$0
FICA
-$4,858
Net Pay
$50,264
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,291.67 | $63,500.00 |
| Federal Income Tax | -$465.33 | -$5,584.00 |
| Colorado State Tax (4.4%) | -$232.83 | -$2,794.00 |
| Social Security (6.2%) | -$328.08 | -$3,937.00 |
| Medicare (1.45%) | -$76.73 | -$920.75 |
| Net Take-Home Pay | $4,188.69 | $50,264.25 |
Salary Comparison: Aurora vs Other Cities
See how Aurora's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Aurora, CO | $63,500 | 105 | $60,476 |
| National Average | $59,384 | 100 | $59,384 |
| Tempe, AZ | $62,000 | 105 | $59,048 |
| Long Beach, CA | $65,000 | 148 | $43,919 |
| Oceanside, CA | $65,000 | 145 | $44,828 |
| Colorado Springs, CO | $65,000 | 100 | $65,000 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Aurora
Aurora's cost of living index is 105 (national average = 100). Living in Aurora is 5% more expensive than the national average.
Median Home Price
$430,000
Median Monthly Rent
$1,600
Annual Rent Cost
$19,200
Your Salary's Purchasing Power
Your $50,264 annual take-home pay in Aurora has the purchasing power of approximately $47,871 in an average-cost US area. You would need to earn $66,675 in Aurora to match a $63,500 salary in an average-cost city.
Top Industries in Aurora
Aurora's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $63,500.
Salary Tips for Aurora Workers
- Research top industries. Aurora's top industries include Healthcare, Military, Technology. Targeting roles in these sectors can help you earn above the $63,500 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Aurora, CO?
The median salary in Aurora, CO is $63,500 per year, or $31 per hour. The average salary is $70,000. This is $4,116 above the national median of $59,384.
What is the cost of living in Aurora, CO?
Aurora's cost of living index is 105 (national average = 100), meaning it is 5% more expensive compared to the national average. The median home price is $430,000 and the median monthly rent is $1,600.
What are the best industries in Aurora?
The top industries in Aurora, CO include Healthcare, Military, Technology. The city has a job growth rate of 2% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $63,500.
How does Aurora's salary compare to other cities?
Aurora's median salary of $63,500 is 6.9% above the national median of $59,384. However, when adjusted for cost of living (index: 105), the real purchasing power is approximately $60,476.
What is the minimum wage in Aurora, CO?
The minimum wage in Aurora, CO is $14.81 per hour. This equals approximately $30,805 per year for a full-time worker (40 hours/week). This is $7.56 above the federal minimum wage of $7.25/hour.