Colorado Minimum Wage 2024 By City 2024. Colorado’s state minimum wage will increase to $14.42 per hour beginning january 1, 2024. Denver — the first day of 2024 in colorado will usher in several new laws and an increase in the minimum wage.

However, colorado employers should be aware that municipalities. The colorado minimum wage is set to increase from $13.65 to $14.42 on january 1, 2024, which is $7.17 higher than the federal minimum wage.