For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023.
For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023. The higher hourly rates are due either to scheduled increases or lawmakers having indexed the minimum wage in their jurisdiction to inflation, most typically using the Consumer Price Index as their gauge. As of January 1, seven states and the District of Columbia will have minimum wages of $15 or more, up from just four states plus DC last year. The newcomers to the category are Maryland, New Jersey and most of New York State (with the exception of New York City, Westchester and Long Island, which already had a $15 minimum in place and where the minimum wage is increasing to $16 in 2024). The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. A close second is California, which is raising its minimum to $16 from $15.50 on January 1. The state with the biggest jump in its minimum wage this year will be Hawaii, which is hiking it by $2. January 1 isn’t the only day minimum wages will go up. Some states, such as Nevada and Oregon, have increases set for July 1. Florida’s minimum will go up on September 30.