๐Ÿ’ฐ COL Index: 106 โ€” Near Avg Cost

Salaries in Centennial, CO

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 40 occupations ยท BLS + Census data

Avg. Salary
$55,280
across 40 roles
COL-Adjusted Avg
$52,398
real purchasing power
Top Paying Role
Software Developer
$129,359
1BR Rent
$1,635
median monthly

Hereโ€™s the deal about Centennial: itโ€™s not the first place you think of for tech jobs, but the median household income is over $121,000. Thatโ€™s nearly 30% higher than the national average, all in a city of just over 106,000 people. It quietly punches above its weight.

Letโ€™s talk about what that money actually buys you. With a cost of living index of 105.5, youโ€™re paying about 5.5% more than the U.S. average for everyday goods and services. That $1,635 rent for a one-bedroom apartment feels steep until you compare it to places like Denver proper. The math works out better here than youโ€™d expect. Your paycheck stretches further than the sticker price suggests, especially if youโ€™re in a high-earning field.

Whoโ€™s thriving? The data points to two main groups: tech professionals and healthcare workers. Software developers are pulling in the top salary at nearly $130,000, but registered nurses arenโ€™t far behind at $87,490. This isnโ€™t a city built on one industry. Youโ€™ve got aerospace and defense giants like Lockheed Martin with a major foothold, plus a corridor of tech firms and established corporate offices. Itโ€™s a stable, educated workforceโ€”over 62% have a bachelorโ€™s degree or higherโ€”and the 3.4% unemployment rate proves thereโ€™s real demand for that talent.

But hereโ€™s my honest take: while the salaries look good on paper, they need to keep climbing. Housing costs have been creeping up across the Front Range, and that 5.5% premium adds up fast if youโ€™re not in one of those top-paying roles. This city is a fantastic financial fit for dual-income households or established professionals, but it can be a tough climb for someone just starting out.

The numbers below will show you exactly where you landโ€”whether youโ€™re an electrician, a teacher, or a software engineerโ€”and what your adjusted salary really means for your life here.

๐Ÿ† Top 5 Highest-Paying Jobs in Centennial

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +2% vs national

Software Developer

$129,359
๐Ÿ’ก COL-Adjusted $122,615
โฑ Hourly $62.19/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +2% vs national

Accountant

$87,500
๐Ÿ’ก COL-Adjusted $82,938
โฑ Hourly $42.07/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +2% vs national

Registered Nurse

$87,490
๐Ÿ’ก COL-Adjusted $82,929
โฑ Hourly $42.06/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ +2% vs national

Elementary School Teacher

$64,720
๐Ÿ’ก COL-Adjusted $61,346
โฑ Hourly $31.12/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +2% vs national

Electrician

$62,565
๐Ÿ’ก COL-Adjusted $59,303
โฑ Hourly $30.08/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Centennial

COL-Adjusted Salary = Raw salary divided by the cost of living index (106/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $129,359
2 Accountant $87,500
3 Registered Nurse $87,490
4 Elementary School Teacher $64,720
5 Electrician $62,565
6 Real Estate Agent $62,494
7 Heavy Truck Driver $53,965
8 Data Analyst $50,825
9 Plumber $50,825
10 Welder $50,825
11 Paralegal $50,825
12 Carpenter $50,825
13 Physical Therapist $50,825
14 Human Resources Specialist $50,825
15 Financial Analyst $50,825
16 Pharmacist $50,825
17 HVAC Technician $50,825
18 Nursing Assistant (CNA) $50,825
19 Loan Officer $50,825
20 Firefighter $50,825
21 Construction Manager $50,825
22 Nail Technician $50,825
23 Personal Trainer $50,825
24 Cosmetologist $50,825
25 Dental Hygienist $50,825
26 Chef/Head Cook $50,825
27 Auto Mechanic $50,825
28 Web Developer $50,825
29 Social Worker $50,825
30 Pharmacy Technician $50,825
31 Dental Assistant $50,825
32 Veterinary Technician $50,825
33 Marketing Manager $50,825
34 Licensed Practical Nurse (LPN) $50,825
35 Medical Assistant $50,825
36 Insurance Agent $50,825
37 Project Manager $50,825
38 Graphic Designer $50,825
39 Police Officer $50,825
40 Security Guard $36,736

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Centennial

๐Ÿ 
1BR Rent
$1,635/mo
๐Ÿก
2BR Rent
$2,043/mo
๐Ÿ˜๏ธ
Median Home
$605,000
๐Ÿ“‰
Unemployment
3.4%
๐Ÿ’ณ
Median Income
$121,531
๐ŸŽ“
College Educated
63%
๐Ÿšถ
Walk Score
45/100
๐Ÿ“Š
Cost of Living
106
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Centennial?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Centennial. Enter your salary and see exactly how far your money goes.

โ“ Centennial Salary FAQ

What is the average salary in Centennial, CO?

โ–ผ
The average salary across 40 occupations in Centennial is $55,280. This figure is 5.5% above the national average, reflecting the city's higher cost of living. The median household income is significantly higher at $121,531.

What jobs pay the most in Centennial?

โ–ผ
The highest paying role in Centennial is Software Developer at $129,359. This salary is more than double the city's average, indicating strong demand in the tech sector. Other high-paying roles typically align with professional and technical fields.

Is Centennial affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $129,359 is comfortably above the median household income of $121,531. With a 1BR rent of $1,635/month, housing costs are manageable at about 15% of gross income. This leaves substantial room for savings and other expenses.

How does Centennial's cost of living affect my paycheck?

โ–ผ
Centennial's Cost of Living Index is 105.5, meaning expenses are 5.5% higher than the national average. A $55,280 salary here has the purchasing power of approximately $52,400 nationally. Your paycheck will stretch less than in average U.S. cities.

What salary do you need to live comfortably in Centennial?

โ–ผ
A comfortable living salary is estimated at around $121,531, matching the median household income. This allows for a 1BR rent ($1,635/mo) to be under 20% of gross income, following standard budgeting guidelines. This income supports a comfortable lifestyle above the city's average salary.

๐Ÿ“ Editor's Verdict: Is Centennial Worth It?

Hereโ€™s my honest verdict: Centennial isnโ€™t a slam dunk for every wallet. With a 105.5 cost-of-living index and rent at $1,635 a month, that $55,280 average salary gets tightโ€”fast. The real winners are software developers, who pull in $129,359 (or $122,615 after COL adjustments). Tech is clearly the golden ticket here. Healthcare and trades can do okay, but youโ€™ll feel the squeeze more than your tech counterparts. Is it worth it? If youโ€™re in software, absolutely. For everyone else, budget carefully. My advice: donโ€™t move here for a job unless the salary comfortably covers rent and leaves room to breatheโ€”Centennialโ€™s great, but it wonโ€™t save you from financial stress.

Explore Centennial Further