Medical Billing and Coding Specialist Salary in Laramie, WY: $16,666 (2026)
Quick Answer:A full-time medical billing and coding specialist in Laramie, WY earns a median $16,666/year (≈ $8.01/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Laramie's price level (4% below national, BEA RPP 95.8), that paycheck buys what $17,397 would nationally. Nominal pay sits 1.2% below the Wyoming state average.
Based on BLS state-level estimates · View source
With the projected 2026 median annual salary of $16,666 for medical billing and coding specialists in Laramie, WY, local professionals face a significant pay gap when compared to the national median of $30,349. The annual salary range in the area stretches from $12,256 at the 10th percentile (P10) to $25,080 at the 90th percentile (P90), indicating variability based mostly on experience and credentials. Credential stacking—achieving certifications such as the CPC, CCS, and CRC—can considerably influence lifetime earnings by enhancing job opportunities and access to higher-paying roles in specialized areas such as inpatient coding and risk adjustment. These figures are based on estimates derived from 2025 BLS data and regional economic conditions, providing a snapshot into the unique job market characteristics of Laramie.
About the Laramie Market
Salary estimated from Wyoming average ($48,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,256 | $5.89 |
| Lower Range (P25) | $14,187 | $6.82 |
| Median (P50)(typical) | $16,666 | $8.01 |
| Upper Range (P75) | $20,528 | $9.87 |
| Top Earners (P90) | $25,080 | $12.05 |
Median Salary Position
45.09% below the national average
2026 Salary Percentile Distribution in Laramie
In Laramie, WY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $12,824 (2026 est.). At $16,666, the local median is 45.09% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Laramie: You'd be in the lower-middle range
How Laramie Medical Billing and Coding Specialist Pay Compares
Laramie median: $16,666/year (2026)
| Compared To | Median Salary | Laramie Pays |
|---|---|---|
| Wyoming Average | $16,868 | -1.20% less |
| National Average | $30,349 | -45.09% less |
Medical Billing and Coding Specialists in Laramie, WY earn a median of $16,666 per year (2026 est.), which is 45.09% lower than the national median of $30,349 and 1.20% below the Wyoming state average of $16,868.
Cost-of-Living Adjusted Salary
Laramie has a cost of living 4.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Laramie, WY has a cost-of-living index of 95.8 (below the national average of 100). A medical billing and coding specialist earning $16,666 nominally has purchasing power equivalent to $17,397 in an average-cost city — an effective 4.39% boost.
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2021 BLS Actual
$14,861
2025 BLS Actual
$16,288
2026 Current Est.
$16,666
2021–2027 Growth
+14.8%
Salary Trajectory for Medical Billing and Coding Specialists in Laramie (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $14,861 | Actual |
| 2022 | $15,027 | Actual |
| 2023 | $15,536 | Actual |
| 2024 | $45,448 | Actual |
| 2025 | $16,288 | Actual |
| 2026(current) | $16,666 | Estimated |
| 2027 | $17,053 | Projected |
Based on 5 years of BLS OEWS data for the Laramie metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,861 (2021) to $16,288 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $17,053 by 2027 — a total increase of $2,192 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Laramie metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $12,256 – $14,187 |
| 3-5 years (Mid Career) | $14,187 – $16,666 |
| 5+ years (Experienced) | $16,666 – $20,528 |
| 10+ years (Top Earner) | $20,528 – $25,080 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Laramie
In Laramie, the employment market comprises only nine medical billing and coding specialists, which hints at a relatively small but potentially stable sector. With a cost-of-living index at 95.8, the purchasing power consequently affects take-home pay. Among local employers, physician group practices and hospital inpatient coding departments are typically the higher-paying options, while remote positions with third-party coding companies are also gaining traction in this post-2020 world. The disparity between salaries is often driven by factors such as specialization—those with CCS certification in inpatient settings usually earn more than their outpatient or risk adjustment counterparts. To maximize pay in Laramie, professionals should pursue additional certifications, seek employment in roles involving audits or compliance, and consider remote work opportunities to leverage their skills effectively in a competitive marketplace.
More salary data for Laramie, WY:
Frequently Asked Questions
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $16,288 for medical billing and coding specialistsin the Laramie metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Laramie is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov