Colorado Min Wage 2024. However, unlike most state and local jurisdictions, colorado engages in a rulemaking process with the public prior to announcing its official minimum wage rates for the upcoming year. The adjustment will reflect changes in the consumer price index (cpi) for.

The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined. Colorado’s minimum wage in 2024 is $14.42 per hour ($11.40 with a $3.02 tip credit), according to the division of labor standards and statistics.