2012 kicked off with a minimum wage increase for the state of Montana. That means that the cost of living in Montana has gone up and we should all see a raise, right?
On January 1st, 2012 Montana’s minimum wage will increase 30 cents to $7.65 an hour, raising wages for 21,000 low-wage workers in the state. Montana’s minimum wage increase means an extra $624 per year in wages for a full-time minimum wage worker.
If there seems to be a little bit more change in your pocket, it might be because Montana’s minimum wage climbed to $7.35 an hour on January first. That’s an increase of ten cents, which translates to $32 per month for the average worker.