Salary Minimum Wage 2024 Colorado State. The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet. Colorado's state minimum wage will increase to $14.42 per hour beginning january 1, 2024.

Below are current (first listed, in bold) and prior versions of key colorado labor statutes. Additionally, colorado’s minimum salary requirement for exempt employees will increase.