The Colorado Department of Labor and Employment (CDLE)’s Division of Labor Standards and Statistics (DLSS) announced recently that Colorado’s minimum wage will increase to $15.71 per hour in 2027, and $12.69 for tipped workers.
The new wage of $15.71 per hour is a 3.6 percent increase from the current minimum wage of $15.16 and a 41.5 percent increase from the 2019 minimum wage of $11.10.
Per the state’s constitution, Colorado’s minimum wage is adjusted for inflation every year using the Consumer Price Index (CPI) from the federal Bureau of Labor Statistics.
Colorado uses the CPI for All Urban Consumers (CPI-U) to measure inflation. The CPI-U tracks inflation based on the spending habits of almost all urban consumers and is based on a sample that represents more than 90 percent of the U.S. population.
State and local minimum wages with tip credits are published at cdle.colorado.gov/dlss. The DLSS will update its website as localities with higher minimum wages announce 2027 rates.
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