What's the minimum wage in Missouri?

As of 2024, the minimum wage in Missouri is set at $12.30 per hour, reflecting a significant increase from the previous rate of $7.65 in 2015. This increase is part of a gradual adjustment process that was initiated by Proposition B, which was approved by Missouri voters in 2018. The law mandates annual increases in the minimum wage based on the Consumer Price Index, ensuring that wages keep pace with inflation and the cost of living. Additionally, it is important to note that the minimum wage is expected to rise to $12.65 in 2025, further enhancing the earnings of workers in the state. These adjustments are crucial for supporting the financial well-being of low-income workers and their families, as they strive to meet basic living expenses in an ever-changing economic landscape.