Press "Enter" to skip to content

What is the minimum wage in Denver, Colorado

Have you ever wondered why Denver, Colorado is known as "Mile High City"? Denver is exactly 5,280 feet, or one mile, above sea level. Because of its altitude, Denver has over 300 days of sunshine and sunny weather annually. Denver also has over 200 breweries and microbreweries, making it the largest number of breweries per capita when compared to other cities. In addition, Denver's high altitude and rarefied air make you drunk more easily (alcohol hits you 3% more than sea level). Do you like to play golf? Golf balls fly about 10% further in Denver than in any city at sea level. The State Capitol building in Denver was constructed from rose onyx, a material first discovered in Pueblo, Colorado in 1893. Since Rose Onyx is basically depleted, the Denver Capitol is the only building that has been adorned with the material. There are lots of interesting facts you should know about Denver, especially if you are planning on moving there. And if you're planning on moving there, be sure to ask a question. What is the Minimum Wage in Denver?

What is a minimum wage?

Before we go into the Denver minimum wage, and hopefully before you pack your bags and go there, we need to first go into the minimum wage.

The minimum wage is a federal, state, or local hourly rate of compensation in US dollars that must be paid as the base wage for eligible employees.

For example, the federal minimum wage is $ 7.25 per hour. The federal minimum wage has not increased since July 2009.

However, the state minimum can be higher or lower than the federal minimum wage, depending on where you live. The U.S. Department of Labor has an interactive map that shows you the minimum wage in each state.

Georgia and Wyoming are the only two states that pay a minimum wage that is well below federal standards. Both states only pay a minimum wage of $ 5.15.

Now that we better understand the concept of the minimum wage, what is the minimum wage in Denver?

What is the Minimum Wage in Denver?

As of January 2021, the Denver minimum wage is $ 12.32 an hour. In 2020, the Denver minimum wage was only $ 12 an hour.

Denver City Council raised the local minimum wage to $ 14.77 an hour. However, this wage standard applies to employment in proportion to the jurisdiction of the city council.

What to keep in mind is that Denver has a high standard of living. If you are a single adult with no children, you would need to earn at least $ 30,000 or more to earn a living wage.

A living wage is the amount you need to earn to meet the current standard of living. And the standard of living in the city you live in could be much higher than the minimum wage you pay.

The average home in Denver is $ 438,000. A typical New York City home costs $ 403,000.

And a one-bedroom apartment in Denver costs $ 1,064 a month.

The minimum wage in California is $ 14 an hour. However, there are several cities and counties in California that pay citizens $ 15 an hour.

You can also make $ 15 an hour in Washington, DC. However, the cost of living in California and Washington, DC is equal to or higher than that of Denver.

Make sure you plan your personal budget and cost of living before moving to Denver or any other city.

Do you think the minimum wage in Arizona is high enough? Why or why not? Share your thoughts in the comments below.

Continue reading

What is the minimum wage in Arizona?

What is the minimum wage in Alaska?

5 Proven Ways To Increase Your Income Over The Next 3 Years

Minimum wage worker requires 2.5 full-time jobs to afford a one-bedroom apartment

If you'd like to read our blog posts and try your hand at blogging, we have good news for you. This is exactly what you can do with Saving Advice. Just click here to get started. If you want to customize your blog to your own domain and need hosting service, we recommend giving BlueHost a try. They offer high performance hosting services for $ 3.95 / month!

Source link