Minimum Wage In 2024 In New York. What is the minimum wage in new york? In the first of a series of annual increases slated for the empire state, the minimum wage increased to $16 in new york city and some of its suburbs, up from $15.
New york minimum wage increases coming in 2024. 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.