Minimum Wage 2024 Nyc. The minimum wage rates, which increased effective january 1, 2024, in new york city and westchester, nassau, and suffolk counties to $16.00 per hour and to $15.00 in the. 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 island.

Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025 and 2026. In the gradual increase of the state’s minimum hourly wage to $15.13 on january 1, 2024 for most employees.