Minnesota increasing minimum wage rate in 2026

Inflation rate hits 2.8% in February

We're getting a pulse check on a key measure of inflation. The latest Consumer Price Index shows inflation is up 2.8% compared to this time last year. Those numbers are better than expected. Patrick Rehkamp, a senior financial writer from 1834, A Division of Old National Bank, joined the FOX 9 Morning News to talk about the latest numbers.

MINNEAPOLIS (FOX 9) - The minimum wage in Minnesota will rise again at the beginning of 2026, with the state's labor and industry departments adjusting for inflation.

Minnesota minimum wage increase 

By the numbers:

Officials from the Minnesota Department of Labor and Industry said the state's minimum wage rate will be $11.41 per hour for all employees starting on Jan. 1, 2026. 

Meanwhile, the 90-day training wage for workers under the age of 20 will increase to $9.31, reflecting a 2.5% increase, according to a news release from the Minnesota Department of Labor and Industry.

State law requires posters with information on worker rights to be displayed in places where employees can see them, and an updated minimum wage poster is expected to be available for download this fall.

The current minimum wage in Minnesota is set at $11.13 an hour, which has been in effect since Jan. 1, 2025. 

Minneapolis and St. Paul minimum wage

Dig deeper:

Minneapolis has a minimum wage of $15.97 per hour, while St. Paul has a minimum wage of $13.25 for microbusinesses, $15 for small businesses and $15.97 for large businesses.