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Montana's minimum wage increasing to $9.95 in 2023

A sign in a store window reads "now hiring"
Mario Tama
Getty Images
Montana’s minimum wage is set to increase to $9.95 beginning Jan. 1.

Montana’s minimum wage is set to increase to $9.95 beginning Jan. 1.

The Montana Department of Labor and Industry in September wrote in its notice to employers that the 75-cent increase “is higher than the increases in the last several years due to higher inflation” as measured by the Consumer Price index.

State law requires minimum wage be adjusted each year based on inflation.

The increase represents a more than 8% hike over the current minimum wage of $9.20.

The AP reports there are an estimated 23,500 workers in Montana who received hourly wages less than $9.95 this year.

The federal minimum wage remains $7.25.

Nadya joined Yellowstone Public Radio as news director in October 2021. Before coming to YPR, she spent six years as digital news editor/reporter for the NPR affiliate in Wichita, Kansas, where her work earned several Kansas Association of Broadcasters awards and a regional Edward R. Murrow award for Excellence in Social Media. Originally from Texas, Nadya has lived and worked in Colorado, Illinois, Washington, D.C.; and North Dakota. She lives in Billings with her cat, Dragon, and dog, Trooper, and enjoys hiking, crocheting, and traveling as often as possible.