Minimum Wage In 2024 In New York. Here’s a closer look at the financial realities of living on minimum wage in new york in 2024, including the differences between costs inside and outside the city. Labor costs increased moderately in the second quarter as private.

1, the minimum wage in new york city, long island and westchester county will increase from $15 to $16 an hour and from. As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to inflation.