Minimum Wage 2024 Per Month Nyc . Minimum wage the minimum wage for new york city more than doubled between 2013 and 2020, as a result of state legislation, but its purchasing power has been eroded by the high. As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state's minimum wage through 2026, with indexing to inflation starting in 2027.
New york state will raise minimum wage to $16 an hour for employees in nyc, long island and westchester, beginning in 2024, as well as $15 elsewhere in the state. Taking public transportation and cooking will save you a lot of money.
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