Colorado Minimum Wage 2024 Salary. Colorado’s minimum wage will be boosted to. Workers receive a higher minimum wage in colorado that exceeds the federal minimum wage of $7.25.
Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42 per hour. While it takes nearly $96,000 to achieve happiness here, the cost of living in general is 9.3% lower.