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/County Applies to Minimum Wage Rate Per Hour Effective Date
Boulder County All employees within the unincorporated parts of Boulder County. Does not include the city of Boulder. $15.69 1/1/2024
Denver All employees. $18.29 1/1/2024
Edgewater All employees. $15.02 1/1/2024

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