Employee Cost: Colorado vs Connecticut (2026)

Side-by-side comparison of employer costs, payroll taxes, SUTA rates, and workers' comp.

At a $60,000 salary

Colorado saves $806/employee/year

$65,841 in Colorado vs $66,647 in Connecticut

Colorado

$65,841

1.1x salary

Connecticut

$66,647

1.11x salary

Cost Breakdown Comparison

Based on $60,000 annual salary

Cost Component CO CT Diff
Base Salary $60,000 $60,000
Social Security (6.2%) $3,720 $3,720
Medicare (1.45%) $870 $870
FUTA (0.6%) $42 $42
SUTA (State Unemployment) $405 $725 -$320
Workers' Compensation $534 $990 -$456
State-Mandated Insurance $270 $300 -$30
Total Employer Cost $65,841 $66,647 -$806

Tax Rate Comparison

Rate Colorado Connecticut
SUTA Rate Range 0.64% – 5.11% 1.5% – 6.9%
SUTA Typical Rate 1.7% 2.9%
SUTA Wage Base $23,800 $25,000
Workers' Comp Rate 0.89% 1.65%
State Income Tax Yes Yes
Paid Family Leave 0.45% 0.5%

What This Means for Employers

For a business hiring at a $60,000 salary, choosing Colorado over Connecticut saves $806 per employee per year in employer-side payroll costs alone. For a team of 10, that's $8,064 annually.

The biggest difference comes from workers' compensation rates — Colorado charges 0.89% vs Connecticut's 1.65%. Note that federal taxes (Social Security, Medicare, FUTA) are identical in both states.

These numbers reflect employer-side costs only and don't include benefits, overhead, or the employee's own tax burden. Use the interactive Employee Cost Calculator to model different salary levels and benefits packages.

Cost Comparison at Different Salary Levels

How the gap changes from $30K to $150K

Salary CO Total CT Total Difference
$30,000 $33,144 $33,707 -$563
$40,000 $44,043 $44,687 -$644
$50,000 $54,942 $55,667 -$725
$60,000 $65,841 $66,647 -$806
$75,000 $82,189 $83,117 -$928
$100,000 $109,437 $110,567 -$1,130
$125,000 $136,684 $138,017 -$1,333
$150,000 $163,932 $165,467 -$1,535

Click any amount to see the full cost breakdown for that salary and state. Amounts shown from the perspective of CO.

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