New York City Minimum Wage 2024. In new york state, two legislative proposals call for tying the minimum wage to inflation. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.
31, 2023, the new minimums are $1,200 per week in new york city and nassau, suffolk and westchester counties, and $1,124.20 per week for the rest of the state. 1, 2024, the minimum hourly wage will increase from $15.00 to $16.00 in new york city and nassau, suffolk, and westchester counties, and from $14.20 to.
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