Colorado Minimum Wage 2024 Increase

Colorado Minimum Wage 2024 Increase. 1, 2024, according to the state labor and employment department website. A minimum wage increase is currently scheduled in bolder, but until the effective date of the state minimum wage rate of $14.42 will apply.

Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42 per hour. 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.