Denver7 The minimum wage will increase in 26 states and the District of Columbia in 2020, with 22 states enacting an increase on Jan. 1, according to a report released by Wolters Kluwer Legal & Regulatory U.S. In Colorado, the statewide minimum wage will rise to $12 in 2020. However, a new state law allows local governments to set higher wages and Denver did so in November, bumping the city’s minimum wage up to $12.85 on Jan.