New York Minimum Wage 2026

New York Minimum Wage 2026. On january 1st, 2025, new yorkers earning minimum wage will receive a raise of $0.50 per hour, as announced by governor kathy hochul. We estimate that the resulting increases in the state minimum wage would lift wages for more than 2 million new yorkers through 2026.

Part of historic agreement to increase new york’s minimum wage through 2026 and index to inflation beginning in 2027. The minimum wage increased on january 1, 2024 to $16.00 per hour in new york city, westchester, and long island and to $15.00 per hour in all other counties in new york.