One other new yr means raises in dozens of states for individuals who make the minimal wage.
Greater than half of U.S. states are bumping their minimal wages greater in 2023, in line with a roundup from Paycor, an organization that creates human assets software program.
A few of these states are regularly elevating their minimal wage over a interval of years with the objective of topping out at $15 an hour. In actual fact, this yr, 4 states and the District of Columbia may have a minimal wage that’s at or above $15.
Different states do not need the $15 objective however are mountain climbing wages nonetheless.
Following are the states which might be elevating their minimal wages in 2023. Every state is listed with its new minimal wage, adopted by the 2022 fee in parentheses. Will increase are efficient Jan. 1, 2023, until in any other case acknowledged.
- Alaska: $10.85 (up from the 2022 minimal wage of $10.34)
- Arizona: $13.85 ($12.80)
- California: $15.50 ($15 or $14, relying on variety of workers)
- Colorado: $13.65 ($12.56)
- Connecticut: $15, efficient June 1, 2023 ($14)
- Delaware: $11.75 ($10.50)
- Florida: $12, efficient Sept. 30, 2023 ($11)
- Illinois: $13 ($12)
- Maine: $13.80 ($12.75)
- Maryland: $13.25 ($12.50)
- Massachusetts: $15 ($14.25)
- Michigan: $10.10 ($9.87)
- Minnesota: $10.59 ($10.33)
- Missouri: $12 ($11.15)
- Montana: $9.95 ($9.20)
- Nebraska: $10.50 ($9)
- Nevada: $11.25, efficient July 1, 2023 ($9.50 or $8.50 for firms that present worker medical insurance)
- New Jersey: $14.13 for many employers ($13)
- New Mexico: $12 ($11.50)
- New York: $14.20 to $15, relying on the realm ($13.20 to $15)
- Ohio: $10.10 ($9.30)
- Oregon: Varies by location and grows based mostly on inflation fee, with annual will increase starting July 1, 2023 ($13.50)
- Rhode Island: $13 ($12.25)
- South Dakota: $10.80 ($9.95)
- Vermont: $13.18 ($12.55)
- Virginia: $12 ($11)
- Washington: $15.74 ($14.49)
Two states that set a objective of reaching a $15 minimal wage — Connecticut and Massachusetts — hit that mark this yr.
Listed here are the opposite states that set the $15 benchmark, and the yr they’ll obtain that wage:
- Delaware (2025)
- Florida (2026)
- Illinois (2025)
- Maryland (2025)
- New Jersey (2024)
- Rhode Island (2025)
- Virginia (2026)
For extra on what it takes to “get by” the place you reside, try “The ‘Residing Wage’ in Each State.”