How Does Minimum Wage Compare in Your State?

HOW DOES MINIMUM WAGE COMPARE IN YOUR STATE? T: he hot debate around the country is whether the minimum wage should be increased nationwide to $15/hr. To determine how a $15/hr minimum wage would impact the lives of those who earn it we set out on a study to compare each state's minimum wage rate. But first, here's a map of the actual minimum wage in each state.. THE CURRENT MINIMUM WAGE LOWEST WAGE HIGHEST WAGE VTI $9.15 NH WA $9.47 ME $7.50 $7.25 MT ND $8.05 $7.25 MN $8.00 WI $7.25 OR NY ID SD $9.25 $8.75 MI $8.15 $7.25 $8.50 PA $7.25 $7.25 IA NE $7.25 он IN $7.25 $8.10 $8.00 IL NV $8.25 WV VA $8.00 $7.25 $8.25 UT Co $7.25 KY KS $7.25 $8.23 MO МАП $9.00 CA $7.65 $7.25 $9.00 NC $7.25 TN $7.25 RI I $9.00 ок SC $7.25 AZ AR $8.50 MS NM $7.25 $8.05 $7.50 ст п $9.15 AL GA $7.25 $7.25 $7.25 TX LA NJI $7.25 $7.25 $8.38 FL $8.05 DE I AK $8.25 $8.75 MD I $8.25 DC I $10.50 HI $7.75 BUT WE ALL KNOW THAT A DOLLAR DOESN'T GO AS FAR IN SOME STATES AS IN OTHERS. Here's what minimum wage rates looks like after adjusting for the relative buying power of a dollar in each state... MINIMUM WAGE ADJUSTED FOR BUYING POWER LOWEST WAGE HIGHEST WAGE NH ME $7.68 WA $9.13 $6.85 $9.18 MT ND $7.93 $8.53 MN $8.21 WI $7.80 NY $7.59 OR ID SD $9.37 MI $7.81 $9.70 WY $8.65 PA $7.35 $7.57 IA NE $8.03 $8.84 IN OH NV IL $7.93 $9.04, $8.40 UT $8.17 CO $9.05 $7.04 MA I $8.39 $7.46 KS MO KY CA $8.05 $7.98 $8.58 $8.14 $8.01 $7.91. SC $8.01. ок TN$8.00 $9.17 AZ AR $9.71 NM $8.06 ст ‑ $8.43 $8.29 $7.89 MS AL GA $8.35 $8.27 $7.89 NJI $7.32 TX LA $7.50 $7.95 FL $8.15 DE I $8.14 AK MD I $7.44 $8.25 DC П $8.92 HI $6.67 SO WHAT WAGE IS NEEDED IN EACH STATE TO PROVIDE FOR AN EQUAL STANDARD OF LIVING FOR WORKERS EARNING MINIMUM WAGE? Here are the actual wages needed to achieve a $15/hr buying power in each state... ACTUAL WAGE NEEDED TO ACHIEVE $15/HR BUYING POWER LOWEST WAGE HIGHEST WAGE VTI NH ME $14.65 WA $15.03 $15.84 $15.47 MT ND $14.11 $13.59 MN $14.60 WI $13.85 OR NY $14.80 ID SD $16.99 $13.84 $12.88 WY $14.08 $14.34 PA IA NE $14.79 $13.39 он $13.43 IL IN NV UT $15.15 $13.59 $13.26 KY $13.03VA $13.17 $14.73 CO $14.57 MA I KS мо $13.18 $15.32 $15.44 CA $16.02 $13.48 $16.64 NC $13.64. RI I TN $13.44 $14.71 ок $13.32 SC $13.43 AR AZ $14.55 NM $12.86 ст $14.21 MS AL GA $16.17 $12.72 $12.9O $13.68 NJI $16.90 TX LA $14.49 $13.55 FL $14.82 DE I $15.21 AK MD I $15.85 $16.47 DC I $17.26 HI $17.09 AND FINALLY, HOW DOES THE UNITED STATE'S MINIMUM WAGE COMPARE TO THAT OF OTHER COUNTRIES? To compare rates we converted the minimum wage from 20 countries into US Dollars, then adjusted for the relative buying power of a dollar in that country. REAL MINIMUM WAGES BY COUNTRY HIgher Adjusted MInimum Wage than US Lower Adjusted Minimum Wage than US $9.71 $11.43 LUXEMBOURG NETHERLANDS $7.82 $8.19 $10.31 BELGIUM $6.82 $3.84 SLOVENIA UNITED KINGDOM CČZECH REPUBLIC CANADA $5.34 $8.85 TRELAND POLAND $11.01 $5.93 JAPAN $7.25 $4.30 FRANÇE TURKEY UNITED STATES $5.17 PORTUGAL SPAIN $5.82 $5.78 $6.09 SOUTH KOREA SASRAEL $0.90 MEXICO $11.14 $9.44 $2.83 CHILE AUSTRALIA Note: Amounts represent minimum wages converted to USD and adjusted for relative NEW ZEALAND buying power. This study brought to you by: The CareerBags.com Blog For attribution please use: http://www.careerbags.com/blog/compare-minimum-wage SOURCES: http://taxfoundation.org/blog/real-value-100-each-state-0 https://en.wikipedia.org/wiki/List_of_minimum_wages_by_coun- try#cite_ref-CRHRP-2012_8-0