Which States are Increasing Minimum Wage in 2024?

While much about the year ahead will be hard to predict, one thing is certain: a rise in minimum wages across nearly half of the states in the U.S. As reported by CBS News, 22 states have implemented a raise for 2024, effective Jan. 1 — cumulative decisions impacting an estimated 10 million employees. 

Notable states announcing hikes include Washington, California and New York, all of which are rising to a minimum of $16 hourly. Of the 22 total states, 12 of them noted the rise in pay as a response to keep pace with inflation and the necessary purchasing power that is required in response. On a federal level, however, the minimum wage remains stuck on $7.25, despite inflation estimates since that decision rising 40 percent. As of reporting, 20 states have still stayed firm on the federal $7.25 requirement. 

Three states can also expect a minimum wage hike in the latter half of the year: Oregon, Nevada, and Oregon. Oregon and Nevada will increase to $12 hourly, on July 1, while Florida’s increase to $13 hourly will go into effect on Sept. 30. 

The complete list of states, cities and counties implementing minimum wage increases is an available here.