Question: What Is The Minimum Wage In Chicago In 2020?

Did minimum wage go up in Chicago?

Starting July 1, minimum wage in Chicago will increase by $1 to $14 per hour for employers with more than 21 workers.

Wages at smaller businesses will increase to $13.50.

In Cook County the minimum wage will increase to $13 an hour, and across the state of Illinois the minimum wage will rise to $10 an hour..

What is the minimum wage in Cook County 2020?

$13.00 per hourEffective July 1, 2020, the Cook County minimum wage will increase to $13.00 per hour and the Cook County base wage for tipped employees will increase to $5.30 per hour.

What is minimum wage in Chicago suburbs?

Starting this Wednesday, workers in Illinois must be paid at least $10.00 per hour, and $15.00 per hour of overtime. Eighteen Cook County Suburbs in Cook County increase the minimum wage to $13.00 per hour., with overtime at $19.50 per hour.

What salary do you need to live comfortably in Chicago?

To live comfortably in Chicago–factoring in housing costs, transportation, utilities, and groceries–you’ll need to make around $94,917 as a renter or $84,765 as a homeowner. Unfortunately for many Chicagoans, the median income in the city is only $52,497, leaving a discrepancy of at least $32,000 on average.

What state has lowest minimum wage?

GeorgiaThe state currently with the lowest minimum wage requirements as stated in data from the DOL is Georgia. Paying just $5.15 per hour, Georgia has a minimum wage of more than $2.00 below the federal mark of $7.25. The state with the second-lowest wage is Wyoming with a minimum hourly pay rate of $5.17.

Is Chicago an expensive city?

Chicago may be the third most populous city in the U.S., but when it comes to highest cost of living, it doesn’t crack the Top 10, according to a recent analysis. … Chicago came in at No. 15 on the list of most expensive cities, with average monthly expenses of $2,495. That is slightly less expensive than Miami (No.

Why do waitresses get paid so little?

Unlike cooks, who are subject to the federal minimum wage, servers are instead compensated based on the assumption that they are going to earn some extra money on the side. Restaurants are required to pay their wait staff what is known as the tipped-minimum wage, which is $2.13 per hour.

Is 60k a good salary in Chicago?

$60,000 is about the median income for a family of two (Area Median Income (AMI) chart ) in the Chicago area. This means that half of Chicago households of two live on less money, half on more. … Many Chicagoans have incomes much lower than the median, but they are usually not able to live well.

What is the minimum wage for servers in Chicago?

$6.40 per hourThe City of Chicago has announced the new minimum wage rate for tipped employees, effective July 1, 2019: $6.40 per hour. The City’s minimum wage for nontipped employees increases to $13.00 per hour, effective July 1, 2019.

What is a livable wage in Chicago?

$13.05 per hourBut in Chicago, $13.05 per hour is considered to be a living wage for a single person living alone in 2016, according to the Massachusetts Institute of Technology’s living wage calculator.

Is 75000 a good salary in Chicago?

Yes, it is a good salary to live in Chicago. $75,000 salary will give you around $4,300 net monthly pay and it depends on how much are you willing to save, what type of lifestyle do you want, or how far are you willing to commute.

What states have a $15 an hour minimum wage?

The states that have approved $15 an hour minimum wage increases are California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey and New York.

What is the US minimum wage 2020?

$7.25Employees covered under the federal Fair Labor Standards Act are subject to the federal minimum wage of $7.25, but those not covered under the FLSA may be paid the state minimum wage of $5.15.

What is the minimum wage in Illinois for 2020?

$9.25 per hourMinimum wage earners received the first increase of $1 to $9.25 per hour on Jan. 1, 2020.

What state has the highest minimum wage?

As of January 2018, there were 29 states with a minimum wage higher than the federal minimum. Washington D.C. and New York City have the highest minimum wage at $15.00 per hour while California and Washington have the highest state minimum wage at $13.00 per hour, while Massachusetts follows at $12.75 per hour.