Good news for Denver’s minimum wage earners! Their paychecks are about to get a little heavier. Starting January 1st, 2024, the minimum wage in Denver will jump to $18.29 per hour, a full dollar increase from the current $17.29.
This bump is not a lucky break – it’s the result of Denver’s proactive minimum wage ordinance passed unanimously in 2019. The ordinance ensures wages adjust annually to keep pace with the rising cost of living.
“Denver thrives when our residents thrive, and this minimum wage adjustment serves as an important tool to help both our workers and businesses succeed in a competitive job market,” Mayor Mike Johnston said in the statement. “This increase can help put money in the pockets of Denver workers, ensure everyone receives a fair wage, and help Denver remain an attractive job market for employees.”
While the increase is smaller than 2023’s due to slower inflation, it’s still a significant step forward. Tipped food and beverage workers will also see their minimum wage rise to $15.27 per hour, as long as they earn at least $3.02 in tips.
Denver’s commitment to a fair wage is clear. Its minimum wage is more than double the federal minimum and significantly higher than Colorado’s state minimum. This puts Denver in the forefront of the fight for economic justice, ensuring its residents can afford to live and thrive in the city they call home.
Want to learn more? Check out DenverWages.org for all the details about Denver’s minimum wage.
