Colorado Minimum Wage 2024 Increase. The minimum wage measure would increase the state’s current rate of $12.30 an hour to $13.75 an hour in 2025 and $15 an hour by 2026, with annual adjustments for inflation after that. It also would require employers to provide paid sick leave.

The state is not alone in its upcoming minimum wage hike. Starting today, employees at edgewater, colorado businesses that are paid a minimum wage will receive an hourly wage increase thanks to the edgewater city council.