New Minimum Wage 2024 Nyc. New york is raising its minimum wage in january by $1 to $16 an hour for workers in new york city and the neighboring suburbs of westchester county and long. In 2025 and 2026, nys minimum wage will increase by $0.50 annually.
Release table for 2024, release tables: However, it is set to increase to $20 per hour by 2024, as part of a gradual plan.
