what is minimum wage in colorado

The minimum wage in Colorado is $13.65 per hour as of 2023. This rate is higher than the federal minimum wage, which is currently $7.25 per hour. Tipped employees in Colorado have a minimum wage of $9.54 per hour, with a maximum tip credit of $3.02 per hour. Its important to note that the citywide minimum wage in Denver is $17.29 per hour, with a tipped wage of $3.02 per hour. Additionally, starting January 1, 2024, the statewide minimum wage in Colorado is set to increase in line with the cost of living, although the exact amount has not yet been determined.