Updated
Updated · KRDO · Aug 13
Colorado Raises 2027 Minimum Wage to $15.71 an Hour as Inflation Adjustment Adds 3.6%
Updated
Updated · KRDO · Aug 13

Colorado Raises 2027 Minimum Wage to $15.71 an Hour as Inflation Adjustment Adds 3.6%

3 articles · Updated · KRDO · Aug 13

Summary

  • $15.71 an hour will be Colorado's statewide minimum wage in 2027, up from $15.16 in 2026, while tipped workers' minimum wage will rise to $12.69.
  • The Colorado Department of Labor and Employment said the increase reflects the state's annual inflation adjustment, which is tied to the federal Consumer Price Index.
  • The 2027 statewide rate is 3.6% higher than the current minimum wage and more than 40% above the 2019 level.
  • Denver will set a higher local floor of $19.84 for 2027, and other local minimum wages will be determined by local ordinances.

Insights

With neighboring Colorado cities setting wildly different minimum wages for 2027, how will this patchwork impact remote workers and businesses near city borders?
Does Colorado's 2027 inflation-adjusted wage hike genuinely boost purchasing power, or will it simply vanish into the state's ever-rising cost of living?
As Denver’s minimum wage nears $20 next year, will local restaurants accelerate automation or radically change their tipping models to survive?