The Salary Index
Salary data is based on the Denver-Aurora-Lakewood, CO metropolitan area and applied to Centennial using local cost-of-living adjustments.

Computer Hardware Engineers Salaries in Centennial, CO

Average Base Pay

$138,260/yr

7% above national average

Monthly

$11,522

Hourly

$66

Cost Index

111

Computer Hardware Engineers in Centennial, CO earn an average of $138,260 per year, with most salaries falling between $110,608 and $165,912 depending on experience, employer, and specialization. At 7% above the national average, Centennial ranks among the higher-paying markets for this role, in part reflecting a local cost of living index of 111. For professionals evaluating a move or negotiating an offer, the headline salary is only part of the picture—what matters most is how far that income actually goes once taxes, rent, and daily expenses are factored in. The sections below break that down in full for Centennial.

Salary Range

The chart below shows the full compensation spectrum for this role, from entry-level to senior positions. The highlighted center bars represent the 25th–75th percentile band where most professionals are paid.

$104K
Low
$138K
Median
$173K
High
25th percentile: $118K75th percentile: $159K

About Computer Hardware Engineers

Electrical Engineers design, develop, and test electrical systems and components including power generation and distribution systems, electronic circuits, communication systems, control systems, and embedded systems. The field spans power engineering, electronics, signal processing, telecommunications, and embedded systems design. Power engineers design high-voltage transmission systems, substations, and electrical distribution networks. Electronics engineers design printed circuit boards, analog and digital circuits, and microelectronic devices. Embedded systems engineers develop firmware and hardware for microcontrollers in products ranging from appliances to aerospace systems. Control engineers design feedback and automation systems for manufacturing, robotics, and process control. Electrical engineers use simulation tools such as MATLAB, Simulink, SPICE, and Altium Designer, and must translate theoretical designs into physical hardware that meets performance, reliability, and regulatory requirements. They work in energy, manufacturing, telecommunications, aerospace, automotive, and consumer electronics industries. PE licensure is required for power systems engineers working on public utility projects.

What Computer Hardware Engineers Do

  • Design electrical systems, circuits, and components for products or infrastructure
  • Develop schematics and PCB layouts using EDA tools
  • Perform circuit analysis, simulation, and validation testing
  • Specify electrical components and materials for design requirements
  • Develop firmware for embedded systems and microcontrollers
  • Ensure designs meet safety standards and regulatory requirements
  • Collaborate with mechanical engineers, software engineers, and manufacturing teams
  • Troubleshoot and resolve electrical system failures

Key Skills & Qualifications

  • Circuit design and analysis (analog and digital)
  • PCB design using Altium Designer, KiCad, or Eagle
  • MATLAB and Simulink for modeling and simulation
  • Embedded C/C++ programming for microcontrollers
  • Power systems fundamentals and electrical code knowledge
  • Oscilloscope, multimeter, and laboratory instrument proficiency
  • PE licensure (required for power engineering roles)
  • Cross-disciplinary collaboration with mechanical and software teams

Career Path

  1. Electrical Engineer I / EIT
  2. Electrical Engineer II
  3. Senior Electrical Engineer
  4. Principal / Staff Engineer
  5. Engineering Manager / Chief Engineer

Computer Hardware Engineers Market in Centennial, CO

Salary Competitiveness

Centennial is one of the stronger-paying markets for Computer Hardware Engineers, with local salaries running approximately 7% above the national median. This premium typically reflects a combination of higher employer competition, concentrated industry presence, and elevated cost expectations built into local compensation norms.

Cost of Living Impact

Centennial sits close to the national cost average. Monthly essential expenses represent about 34% of take-home pay for this role—a midrange ratio that allows for modest savings and discretionary spending, provided housing costs remain stable.

Effective Purchasing Power

After adjusting for local taxes and cost of living, a Computer Hardware Engineers earning $138,260 in Centennial reaches a strong purchasing-power position. The effective standard of living this income supports is materially higher than the gross number alone implies—a useful data point for professionals comparing offers across metro areas.

vs. National Avg

+7%

Cost Pressure

34%

Purchasing Power

Strong

Take-Home Pay Calculator

Enter any gross salary to see how federal and state taxes affect your actual take-home pay, broken down by year, month, and week. Results use an estimated effective tax rate of 27% based on this location and income level.

$
Take-home (73%)Taxes (27%)

Annual Net

$100,930

Monthly

$8,411

Weekly

$1,941

Eff. Tax Rate

27%

A gross salary of $138,260 for a Computer Hardware Engineers in Centennial translates to roughly $8,411 in monthly take-home pay after estimated federal and state taxes. Set against monthly living costs of $2,876—covering housing, food, transportation, utilities, and healthcare—that leaves approximately $5,535 per month in disposable income. That margin, not the gross number, is what determines whether you can comfortably cover rent, build savings, and afford discretionary spending in Centennial's current market.

How far does this salary go in Centennial?

Cost of Living in Centennial

Estimated monthly expenses for a single person in Centennial, benchmarked against US regional price indices for housing, food, transportation, utilities, and healthcare.

Cost Index

111

Above Avg — US average is 100. Based on a single person (1-bed apartment).

🏠Housing / Rent$1,654/mo
🍔Food & Groceries$551/mo
🚗Transportation$149/mo
💡Utilities$194/mo
🏥Healthcare$328/mo
Monthly$2,876
Annual$34,512
Disposable Income$5,535

Financial Reality Check

This section compares estimated monthly take-home pay against typical living costs in Centennial to show your real disposable income—the amount remaining after essential bills are paid each month.

Monthly Take-Home

$8,411

Living Costs

$2,876

Disposable

$5,535

Cost Index

111

Lifestyle

Comfortable

With a monthly take-home of $8,411, your estimated living costs in Centennial are $2,876 ($34,512/yr). This leaves $5,535 per month in disposable income, indicating a comfortable standard of living. Centennial's cost of living is 11% above the national average.

Overall, a Computer Hardware Engineers earning $138,260 in Centennial falls into a comfortable lifestyle tier and has meaningful room to save, invest, and absorb unexpected expenses without financial stress. With a cost index of 111, Centennial is 11% more expensive than the national average, which compresses real purchasing power. Regardless of tier, prioritizing retirement contributions, an emergency fund of three to six months' expenses, and incremental debt reduction will yield the greatest long-term financial stability—especially as living costs in Centennial continue to evolve.

Frequently Asked Questions

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Computer Hardware Engineers · Centennial, CO7% above avg

Gross Salary

$138,260/yr

Take-home

$8,411/mo

Disposable

$5,535/mo

Lifestyle

Comfortable

Source: thesalaryindex.com · BLS data

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Salary estimates are based on BLS metro data and adjusted using cost-of-living indices.