The scheduled increase to New York City’s minimum wage on Jan. 1, 2027 was stopped, leaving the rate at $17 per hour for low‑wage workers.
A provision in the 2023 New York state law that indexes the minimum wage to the consumer price index triggered the halt, even though local prices rose 4% over the past year.
Because the CPI‑indexing rule kept the wage unchanged, workers will continue to earn $17 per hour despite the inflation increase.