DENVER — Low-wage workers in more than a dozen states — and many more cities — could get unexpectedly large raises next year, thanks to minimum wage increases that will reflect soaring consumer prices.
Denver's minimum wage, which is indexed to consumer prices in the metro area, will increase from $15.87 to $17.29 an hour starting Jan. 1. Colorado's minimum wage, which is indexed to the same measure, will likely increase from $12.56 to $13.64 an hour, according to Stateline's calculations.
Of the 13 states and Washington, D.C., that will index their wage floors to inflation next year, only Minnesota and California have announced their new numbers. Their increases will be relatively small, as both states limit the yearly percent change in their minimum wage.
