Florida will join more than twenty U.S. states that are set to raise their minimum wage in 2026, moving its baseline pay to $15 per hour on September 30, 2026 – a level already above the federal minimum of $7.25, which has not changed in 16 years.
Florida’s minimum‑wage schedule
The $15 target was established by a voter‑approved amendment in 2020. Annual $1 increases began in September 2021, raising the floor from $10 to $11 in 2022, $12 in 2023, $13 in 2024, $14 in 2025 and will reach $15 in September 2026. On the same date, the tipped‑worker rate will rise to $11.98 per hour.
Although the automatic $1‑per‑hour raises will stop after 2026, future adjustments will be tied to changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI‑W). Inflation‑indexed increases are scheduled to begin in 2028, protecting workers’ purchasing power.
Other states raising the minimum wage in 2026
More than twenty jurisdictions have scheduled hikes for 2026. In addition to Florida, the following states will increase their minimum wages:
- Alaska
- Arizona
- California
- Colorado
- Connecticut
- Dakota del Sur
- Hawaii
- Maine
- Michigan
- Minnesota
- Missouri
- Montana
- Nebraska
- New Jersey
- New York
- Ohio
- Oregon
- Rhode Island
- Vermont
- Virginia
- Washington
Some states will implement the increase on January 1, 2026, others in July, while Florida’s change takes effect in September.
Frequently Asked Questions
When does Florida’s minimum wage increase to $15?
The $15 per hour rate will become effective on September 30, 2026, and will remain in place through December 31, 2027.
What is the current minimum wage in Florida?
As of the most recent increase on September 30, 2023, the standard minimum wage is $14 per hour, and $10.98 per hour for employees who receive tips.
Which other states will raise their minimum wage in 2026?
In addition to Florida, Alaska, Arizona, California, Colorado, Connecticut, Dakota del Sur, Hawaii, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, Virginia and Washington have scheduled increases for 2026.
How might these wage hikes reshape the labor market in the coming years?
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