HELENA — Montana’s minimum wage will increase by 35 cents on January 1, 2024.
A 2006 voter-passed law ties the Montana minimum wage to inflation.
According to the Montana Department of Labor and Industry, the current minimum wage will go from $9.95 an hour to $10.30 an hour.
The 35 cents-an-hour increase follows last year’s 75 cents-an-hour increase, which was the largest in more than a decade.
Statistics show about 19,00 people in Montana, or just over 4 percent of the population, are paid the minimum wage.
The federal minimum wage is $7.25 per hour.
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