Minimum Wage For Colorado 2024. Colorado’s state minimum wage will increase to $14.42 per hour beginning january 1, 2024. 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.
The proposed $15 per hour wage will exceed colorado’s minimum wage starting in 2024 when the federal wage goes to $14 per hour. The 2024 colorado minimum wage is $14.42/hr for standard pay, and $11.40/hr for tipped employees.
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