When Does Minimum Wage Increase 2024 Ny. Starting january 1, 2024, minimum wage will rise to $16 per hour in new york city and select counties (nassau, suffolk, and westchester), and $15 per hour in other parts of. Pursuant to legislation signed by new york governor kathy hochul, new york’s minimum wage will gradually increase through 2026 to $17/hour in new york city, long island, and westchester county and $16/hour for the remainder of new york state.
View minimum wage rates through 2022. 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.