Taxi Drivers Salary
In Colorado, taxi drivers earn $43,490 at the median, or about $20.91 an hour. The range runs from $37K at the entry level to $69K for experienced workers. Adjusted for local prices (RPP 103.71), that's roughly $41,934 in purchasing power. A 2-bedroom apartment runs $1,832/month, about 60.6% of take-home, which is tight.
Statewide average. This is an aggregate across all of Colorado. BLS does not publish metro-level data for this occupation in this state.
Where the paycheck goes
What $43K actually covers in Colorado, month by month
About taxi drivers
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What this looks like in Colorado
Taxi drivers pay in Colorado tracks closely to the national median, $43K locally vs. $42K nationwide, a 3% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,832/month, which is 62.7% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 103.71) 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.
Compensation breakdown
Annual earnings by percentile, Colorado
Entry-level taxi drivers (10th percentile) start around $37K. Mid-career wages sit at $43K. Top earners bring in $69K or more, a $32K spread from bottom to top.
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Track taxi drivers salary changes
BLS updates this data annually. We'll email you when Colorado numbers change.
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Quick answers
The stuff people actually ask about this job
Can a taxi driver afford a 2BR apartment alone in Colorado?
It’s a stretch — at the median salary of $43K, rent takes 62.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,832/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 taxi drivers in Colorado?
The 10th-percentile wage — what new taxi drivers typically earn — is $37K/year. Take-home on that works out to about $2,510/month. At HUD’s $1,832/month FMR, rent would take 73% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is taxi driver a high-paying job in Colorado?
Pay here is roughly in line with the national average — $43K locally vs. $42K nationally, a 3% difference.
How does Colorado compare to the national average for taxi drivers?
Colorado pays $43K median vs. the U.S. average of $42K — that’s +3%. After adjusting for local cost of living (RPP 103.71), the purchasing-power equivalent is $42K — below the national median.
How much do taxi drivers make in Colorado?
The median is $43,490 a year, that works out to about $21 an hour. But the range is wide: entry-level workers start around $36,980, and experienced taxi drivers can clear $69,030. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $43K enough to live in Colorado?
On that salary, you'd take home roughly $2,922/month after taxes. A 2-bedroom here rents for about $1,832/month, which eats 62.7% 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 taxi drivers salary go in Colorado?
Colorado has a Regional Price Parity of 103.71 (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 taxi drivers salary is worth about $41,934 in national-average purchasing power.
Where do taxi drivers 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.