13 states will raise their minimum wage to account for price increases : 2023 minimum wage increase, type of increase, number of affected workers, and wage impacts by state

State 2023 minimum wage 2023 tipped minimum wage Type of change Type of change indicator Size of increase Size of tipped minimum wage increase Number of workers affected Share of workforce affected Total change in wage bill Change in full-time worker average annual wages
Alabama
Alaska $10.85  Inflation adjustment 1 $0.51  16,500 5.7% $7,777,000  $470 
Arizona $13.85   $10.85  Inflation adjustment 1 $1.05   $1.05  439,100 14.7% $340,896,000  $776 
Arkansas
California $15.50  Inflation adjustment 1 $0.50  3,223,400 18.9% $1,660,154,000  $515 
Colorado $13.65   $10.63  Inflation adjustment 1 $1.09   $1.09  299,300 10.8% $230,227,000  $769 
Connecticut
Delaware $11.75   $2.23  Legislation 2 $1.25 $0.00 50,600 11.9% $47,431,000  $937 
Washington D.C. $16.10   $6.00  Ballot measure 3 $0.00 $0.65 12,200 1.5% $7,327,000  $599 
Florida $11.00   $7.98  Ballot measure 3 $1.00   $1.00  987,000 11.0% $754,249,000  $764 
Georgia
Hawaii $12.00   $11.00  Legislation 2 $1.90   $0.90  82,100 13.9% $69,006,000  $841 
Idaho
Illinois $13.00   $7.80  Legislation 2 $1.00   $0.60  510,400 8.9% $355,561,000  $697 
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine $13.80   $6.90  Inflation adjustment 1 $1.05   $0.52  79,800 14.2% $47,752,000  $598 
Maryland $13.25   $3.63  Legislation 2 $0.75  $0.00 151,300 6.3% $76,989,000  $509 
Massachusetts $15.00   $6.75  Legislation 2 $0.75   $0.60  399,600 11.6% $263,293,000  $659 
Michigan $10.10   $3.84  Legislation 2 $0.23   $0.09  273,500 6.3% $40,898,000  $150 
Minnesota $10.59  Inflation adjustment 1 $0.26  73,100 2.8% $13,651,000  $187 
Mississippi
Missouri $12.00   $6.00  Ballot measure 3 $0.85   $0.42  341,700 13.6% $208,919,000  $611 
Montana $9.95   $9.95  Inflation adjustment 1 $0.75   $0.75  35,800 8.1% $17,465,000  $488 
Nebraska $10.50   $2.13  Ballot measure 3 $1.50  $0.00 55,900 6.4% $32,559,000  $583 
Nevada
New Hampshire
New Jersey $14.13   $5.26  Legislation / Inflation adjustment 1 $1.13   $0.13  547,100 13.9% $428,298,000  $783 
New Mexico $12.00   $3.00  Legislation 2 $0.50   $0.20  126,900 15.3% $62,324,000  $493 
New York $14.20   $9.45  Inflation adjustment 1 $1.00   $0.65  418,900 4.8% $320,343,000  $765 
North Carolina
North Dakota
Ohio $10.10   $5.05  Inflation adjustment 1 $0.80   $0.40  466,300 9.2% $230,377,000  $494 
Oklahoma
Oregon
Pennsylvania
Rhode Island $13.00   $3.89  Legislation 2 $0.75  $0.00 42,800 9.9% $23,621,000  $552 
South Carolina
South Dakota $10.80   $5.40  Inflation adjustment 1 $0.85   $0.42  38,000 9.7% $20,674,000  $543 
Tennessee
Texas
Utah
Vermont $13.18   $6.59  Inflation adjustment 1 $0.63   $0.31  31,500 10.9% $16,065,000  $510 
Virginia $12.00   $2.13  Legislation 2 $1.00  $0.00 404,500 11.4% $321,000,000  $793 
Washington $15.74  Inflation adjustment 1 $1.25  356,500 10.7% $302,922,000  $850 
West Virginia
Wisconsin
Wyoming

Notes: “Legislation” indicates that the new rate was established by the legislature. “Ballot measure” indicates the new rate was set by a ballot initiative passed by voters. “Inflation adjustment” indicates that the new rate was established by a formula, reflecting the change in prices over the preceding year. New Jersey increased their adjustment beyond the originally scheduled increase due to price increases. Florida and Hawaii increased their minimum wages in September and October 2022. New York's increase goes into effect 12/31/2022 and only impacts workers outside of New York City, Nassau, Suffolk, and Westchester counties. Average annual wage increases are for full-time workers.

Source:  EPI compilation of minimum wage data from state agency websites and state legislation. Estimated impacts produced by Economic Policy Institute Minimum Wage Simulation Model; see Technical Methodology by Dave Cooper, Zane Mokhiber, and Ben Zipperer.

View the underlying data on epi.org.