Minimum wage in Montana will increase on Jan. 1.
Posted at 11:07 AM, Dec 30, 2020
and last updated 2020-12-30 13:12:52-05
GREAT FALLS â Montanaâs minimum wage will increase from $8.65 per hour to $8.75 per hour beginning on Friday, Jan. 1, 2021.
The state reports that an estimated 8,000 to 10,000 Montana workers, or about 2% of the workforce, received hourly wages less than $8.75 per hour in 2020.
At the beginning of 2020, the minimum wage in Montana was raised from $8.50 to $8.65.
The minimum wage is determined by taking the current minimum wage of $8.65 and increasing it by the CPI-U increase from August of 2019 to August 2020.
The CPI-U increased by 1.31% (unadjusted) over the year ending August 2020.