New York City Minimum Wage 2024. New york's historic minimum wage increase will. New york city, new york local minimum wage for 2023, 2024 while new york's state minimum wage is $15.00 per hour, new york city has set its own, higher.
The minimum wage for workers in new york city and some of its surrounding suburbs was increased from $15 to $16. This method ensures that the minimum wage keeps pace with inflation, maintaining the purchasing power of workersโ wages.