NYC Proposal Aims for $30 Minimum Wage by 2030, Impacting Over 1 Million Workers
March 10, 2026
The mayor’s administration says it is reviewing the legislation as part of broader efforts to tackle affordability and wages for New Yorkers.
While the mayor did not explicitly endorse the bill in a statement, a spokesperson underscored a commitment to a living wage and addressing the cost-of-living crisis.
If enacted, New York City would boast the nation’s highest minimum wage at $30 per hour by 2030.
A new bill introduced by City Councilwoman Sandy Nurse, aligned with Mayor Zohran Mamdani’s pledge, would raise New York City’s minimum wage to $30 per hour by 2030, with gradual steps leading to full implementation.
If enacted, the plan would affect more than one million city workers currently earning minimum wage.
The proposal would require employers with more than 500 employees to reach $20 per hour by 2027 and $30 per hour by 2030.
This year, the city’s minimum wage rose to $17 per hour, up from $15 in 2018.
Summary based on 1 source
Get a daily email with more US News stories
Source

New York Post • Mar 10, 2026
NYC's minimum wage could hit $30 — highest in the US — under new proposed law