Minimum Wage is Going Up – Is Your State On the List?
Written by
Josephine Nesbit
Edited by
Rikki Elliot
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Although the federal minimum wage will remain the same, workers across 25 states will receive more money in their paychecks this year thanks to an increase in their state’s minimum wage.
Not only do minimum wage increases improve the overall standard of living for minimum wage workers, but according to researchers from the University of Northern Iowa and the U.S. Census Bureau, people who received minimum wage increases between ages 62 and 70 delayed claiming Social Security retirement benefits by an average of six months, AARP reported.
The Biden administration has advocated for a $15 federal minimum wage; however, attempts failed when Senate parliamentarian ruled against an increase in the minimum wage in the COVID relief bill, CNN noted.
Most states saw wage increases beginning Jan. 1, AARP reported, but in Connecticut, Nevada and Oregon, the increase will occur on July 1, and in Florida, the wage increase will start on Sept. 30.
Here are the states receiving minimum wage increases in 2022:
- Arizona: $12.80 (from $12.15)
- California: $15 (from $14)
- Colorado: $12.56 (from $12.32)
- Connecticut: $14 (from $13)
- Delaware: $10.50 (from $9.25)
- Florida: $11 (from $10)
- Illinois: $12 (from $11)
- Maine: $12.75 (from $12.15)
- Maryland: $12.50 (from $11.75)
- Massachusetts: $14.25 (from $13.50)
- Michigan: $9.87 (from $9.65)
- Minnesota: $10.33 (from $10.08)
- Missouri: $11.15 (from $10.30)
- Montana: $9.20 (from $8.75)
- Nevada: $9.50 (from $8.75)
- New Jersey: $13 (from $12)
- New Mexico: $11.50 (from $10.50)
- New York: $13 (from $12)
- Ohio: $9.30 (from $8.80)
- Oregon: $13.50 (from $12.75)
- Rhode Island: $12.25 (from $11.50)
- South Dakota: $9.95 (from $9.45)
- Vermont: $12.55 (from $11.75)
- Virginia: $11 (from $9.50)
- Washington: $14.49 (from $13.69)
Private companies, including Walmart, Target and Costco have taken it upon themselves to increase workers’ wages. Other companies have budgeted 4% more to improve worker compensation in 2022, as GOBankingRates previously reported.
