Colorado minimum wage is increasing again
The minimum wage in Colorado is increasing by 39 cents an hour, starting January 1, 2025. That will bring it to $14.81 an hour for jobs that don’t receive tips and $11.79 for those that do.
Colorado’s minimum wage rises annually based on the Consumer Price Index (CPI). This year's increase comes to 2.7 percent or about $811 more annually for a full-time worker and means Colorado’s wage is now more than double the federal minimum wage of $7.25 an hour.
A handful of Colorado cities and counties have chosen to raise their minimum wages even higher, and the hourly rates in those places will increase even more than the statewide one.
Annual Minimum Wages
Colorado and local minimum wages adjust annually. See INFO #1 (wage law), #3C (tips), and #19 (local minimums) on our Guidance page(opens in new window), and our Local Minimum Wage Report(opens in new window).