Observation:
2023: 13.65 (+ more) Updated: Jan 1, 20232023: | 13.65 | |
2022: | 12.56 | |
2021: | 12.32 | |
2020: | 12.00 | |
2019: | 11.10 | |
View All |
Units:
Dollars per Hour,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Department of Labor
Release: Minimum Wage Rate by State
Units: Dollars per Hour, Not Seasonally Adjusted
Frequency: Annual
State minimum wage is changed annually based on changes in the CPI and a cost of living formula.
For more information, visit https://www.dol.gov/whd/state/stateMinWageHis.htm
U.S. Department of Labor, State Minimum Wage Rate for Colorado [STTMINWGCO], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STTMINWGCO, December 8, 2023.