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Minimum wage in Montana will increase to more than $10 per hour

Cash money
Posted at 12:16 PM, Oct 11, 2023
and last updated 2023-12-19 17:28:32-05

GREAT FALLS — Montana’s minimum wage will increase by 35 cents per hour on January 1, 2024, or about 3.6 percent.

The current minimum wage of $9.95 per hour will increase to $10.30 an hour, according to the Montana Department of Labor & Industry.

The increase follows last year’s 75 cents-per-hour increase, which was the largest in more than a decade.

In 2006, Montana voters approved Initiative 151, which increased the minimum wage by $1 and instituted an annual adjustment to account for inflation.

An estimated 19,00 people in Montana - just more than 4 percent of the population - are paid the minimum wage.

The federal minimum wage is $7.25 per hour.


Montana Minimum Wage 2024