New York Minimum Wage 2025 Increase News. New york’s minimum wage is expected to increase every year until it reaches $17 in new york city and its suburbs, and $16 in the rest of the state. The raise is set to take effect on jan.

Governor kathy hochul today announced that new yorkers earning minimum wage will earn an additional $0.50 per hour starting on january 1, 2025. Here’s what people in new york need to know about the changes taking effect in 2025.