Minimum wage workers in New York State will soon receive a raise. The raise will take effect on January 1, 2025, less than a month from now. In the face of steadily rising costs and inflation, this historic plan to overhaul New York’s minimum wage will ensure that the wages of those hit hardest by the affordability crisis – including women, single mothers, and people of color – keep pace with the cost of living. ~ Governor Hochul.