Minimum wage bumps in 22 states will add billions in worker wages

Twenty-two states and an additional 38 counties and cities will increase their minimum wage Jan. 1, and a report from the Economic Policy Institute estimates workers will see $6.95 billion in added wages from the state increases.

The increases will affect around 9.9 million workers, according to the report, with about 58% being women and 47.4% being below twice the poverty line. The wage increases may mean hospitals will pay more for some positions.

Here is the state-by-state breakdown of the new minimum wage and the annual increase in full-time worker wages.

1. Washington
2024 minimum wage: $16.28
Annual wage increase per full-time worker: $692

2. Montana
2024 minimum wage: $10.30
Annual wage increase per full-time worker: $340

3. Minnesota
2024 minimum wage: $10.85
Annual wage increase per full-time worker: $243

4. Illinois
2024 minimum wage: $14.00
Annual wage increase per full-time worker: $633

5. Michigan
2024 minimum wage: $10.33
Annual wage increase per full-time worker: $216

6. New York
2024 minimum wage: $15.00
Annual wage increase per full-time worker: $878

7. Rhode Island
2024 minimum wage: $14.00
Annual wage increase per full-time worker: $703

8. Maine
2024 minimum wage: $14.15
Annual wage increase per full-time worker: $318

9. Vermont
2024 minimum wage: $13.67
Annual wage increase per full-time worker: $473

10. South Dakota
2024 minimum wage: $11.20
Annual wage increase per full-time worker: $343

11. Ohio
2024 minimum wage: $10.45
Annual wage increase per full-time worker: $301

12. New Jersey
2024 minimum wage: $15.13
Annual wage increase per full-time worker: $1,019

13. Connecticut
2024 minimum wage: $15.69
Annual wage increase per full-time worker: $805

14. California
2024 minimum wage: $16.00 and $25.00 for healthcare workers
Annual wage increase per full-time worker: $651

15. Colorado
2024 minimum wage: $14.42
Annual wage increase per full-time worker: $660

16. Nebraska
2024 minimum wage: $12.00
Annual wage increase per full-time worker: $933

17. Missouri
2024 minimum wage: $12.30
Annual wage increase per full-time worker: $381

18. Maryland
2024 minimum wage: $15.00
Annual wage increase per full-time worker: $1,284

19. Delaware
2024 minimum wage: $13.25
Annual wage increase per full-time worker: $1,335

20. Arizona
2024 minimum wage: $14.35
Annual wage increase per full-time worker: $492

21. Alaska
2024 minimum wage: $11.73
Annual wage increase per full-time worker: $740

22. Hawaii
2024 minimum wage: $14.00
Annual wage increase per full-time worker: $1,380

 

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