Colorado’s state minimum wage will increase to $14.42 per hour beginning January 1, 2024. However, Colorado employers should be aware that municipalities within Colorado will also be increasing their minimum wage above the state’s minimum wage. If a municipality provides a higher minimum wage rate than the state, the employer must pay the higher rate.

The following localities will be increasing their minimum wage.

City/CountyApplies toMinimum Wage Rate Per HourEffective Date
Boulder CountyAll employees within the unincorporated parts of Boulder County. Does not include the city of Boulder.$15.691/1/2024
DenverAll employees.$18.291/1/2024
EdgewaterAll employees.$15.021/1/2024