Medical Transcriptionists Salary
The median pay for a medical transcriptionists in Colorado Springs, CO is $42,660/year ($20.51/hour), per BLS data. The range runs from $31K at the entry level to $53K for experienced workers. Adjusted for local prices (RPP 100.71), that's roughly $42,359 in purchasing power. A 2-bedroom apartment runs $1,474/month, about 49.7% of take-home, which is tight.
Where the paycheck goes
What $43K actually covers in Colorado Springs, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Colorado Springs’s Regional Price Parity (100.71). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About medical transcriptionists
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What this looks like in Colorado Springs
Medical transcriptionists pay in Colorado Springs tracks closely to the national median, $43K locally vs. $40K nationwide, a 6% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,474/month, which is 51.4% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 100.71) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for medical transcriptionists in metros near Colorado Springs, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Denver-Aurora-Centennial | $41K | $39K |
| Phoenix-Mesa-Chandler | $36K | $35K |
| Oklahoma City | $28K | $31K |
| Albuquerque | $37K | $39K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Colorado Springs, CO
Entry-level medical transcriptionists (10th percentile) start around $31K. Mid-career wages sit at $43K. Top earners bring in $53K or more, a $22K spread from bottom to top.
Medical Transcriptionists pay across states
Median income ranked highest to lowest, compared to the national figure
View Medical Transcriptionists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Minnesota | $50K | +24% | 270 |
| Wisconsin | $49K | +22% | 590 |
| Maine | $49K | +20% | 80 |
| Alaska | $48K | +20% | 110 |
| Connecticut | $48K | +19% | 390 |
| Wyoming | $48K | +19% | 40 |
| Oregon | $46K | +15% | 510 |
| South Dakota | $46K | +14% | 240 |
| Nebraska | $46K | +14% | 230 |
| Illinois | $45K | +13% | 970 |
| District of Columbia | $45K | +12% | 70 |
| California | $45K | +11% | 5,860 |
| Iowa | $45K | +11% | 180 |
| Tennessee | $45K | +11% | 1,450 |
| North Dakota | $45K | +11% | 120 |
| Hawaii | $44K | +10% | N/A |
| New York | $43K | +7% | 2,710 |
| Colorado | $43K | +7% | 610 |
| Texas | $43K | +6% | 7,520 |
| Florida | $42K | +4% | 2,650 |
| Pennsylvania | $42K | +3% | 1,130 |
| Indiana | $41K | +2% | 790 |
| Montana | $41K | +2% | 80 |
| Maryland | $40K | -1% | 230 |
| Utah | $40K | -2% | 210 |
| Nevada | $39K | -3% | 210 |
| North Carolina | $39K | -3% | 1,020 |
| New Jersey | $39K | -3% | 1,710 |
| Kentucky | $39K | -3% | 690 |
| Washington | $39K | -4% | 620 |
| Mississippi | $39K | -4% | 300 |
| Idaho | $38K | -6% | 400 |
| Louisiana | $38K | -6% | 420 |
| Missouri | $37K | -7% | 310 |
| New Mexico | $37K | -7% | 210 |
| West Virginia | $37K | -7% | 90 |
| Michigan | $37K | -8% | 1,130 |
| Ohio | $37K | -8% | 680 |
| Massachusetts | $37K | -9% | 400 |
| Arizona | $37K | -10% | 700 |
| Kansas | $35K | -12% | 420 |
| Alabama | $35K | -13% | 410 |
| Virginia | $35K | -13% | N/A |
| Arkansas | $35K | -13% | 280 |
| Rhode Island | $35K | -14% | 80 |
| Delaware | $34K | -16% | N/A |
| South Carolina | $34K | -16% | 390 |
| Vermont | $33K | -18% | N/A |
| Georgia | $28K | -30% | 950 |
| Oklahoma | $28K | -31% | 560 |
Showing 1–10 of 50 states with published data
BLS does not publish data for every state when sample sizes are too small
Track medical transcriptionists salary changes
BLS updates this data annually. We'll email you when Colorado Springs numbers change.
Related careers in Healthcare Support
Quick answers
The stuff people actually ask about this job
Can a medical transcriptionist afford a 2BR apartment alone in Colorado Springs?
It’s a stretch — at the median salary of $43K, rent takes 51.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,474/month. The 30% guideline puts the comfortable ceiling at roughly $900/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for medical transcriptionists in Colorado Springs?
The 10th-percentile wage — what new medical transcriptionists typically earn — is $31K/year. Take-home on that works out to about $2,119/month. At HUD’s $1,474/month FMR, rent would take 70% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is medical transcriptionist a high-paying job in Colorado Springs?
Pay here is roughly in line with the national average — $43K locally vs. $40K nationally, a 6% difference.
How does Colorado Springs compare to the national average for medical transcriptionists?
Colorado Springs pays $43K median vs. the U.S. average of $40K — that’s +6%. After adjusting for local cost of living (RPP 100.71), the purchasing-power equivalent is $42K — still ahead of the national median.
How much do medical transcriptionists make in Colorado Springs, CO?
The median is $42,660 a year, that works out to about $21 an hour. But the range is wide: entry-level workers start around $30,800, and experienced medical transcriptionists can clear $52,820. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $43K enough to live in Colorado Springs?
On that salary, you'd take home roughly $2,870/month after taxes. A 2-bedroom here rents for about $1,474/month, which eats 51.4% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a medical transcriptionists salary go in Colorado Springs?
Colorado Springs has a Regional Price Parity of 100.71 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median medical transcriptionists salary is worth about $42,359 in national-average purchasing power.
Where do medical transcriptionists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.