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New York's Minimum Wage Set to Rise to $17 by 2026

1/3/2026

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Story summary
  • New York's minimum wage rose to $17 an hour in New York City, Long Island, and Westchester, and to $16 elsewhere, effective January 1, 2026.
  • The plan was initiated by Governor Kathy Hochul.
  • Starting in 2027, future hikes will be linked to the Consumer Price Index.
  • Nationwide, 19 states raised wages, affecting over 8.3 million workers and adding about $5 billion in earnings, with Hawaii providing the largest increase at $2 to $16.