How would an increase in the minimum wage affect prices?

Living Wage
Written By Nicole Woo
 

How much could food prices go up if Hawaiʻi raises the minimum wage to $18 by 2026?

For Hawaiʻi’s proposed 78% increase in the minimum wage, prices for goods and services are likely to rise between just 1.17–2.34%.

Nicole Woo

Director of Research and Economic Policy at Hawaiʻi Children’s Action Network.

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