Minimum Wage January 2024 Colorado. The state minimum wage will be $14.42 in 2024, up from $13.65 in 2023, according to colorado’s publication and yearly calculation of adjusted labor. 2024 colorado minimum wage arizona proposition 212, the $18 minimum wage initiative, may appear on the ballot in arizona as an initiated state statute on november 5, 2024.
Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42 per hour. But not all colorado minimum wages are rising at an equal rate.