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Minimum wage, New England states and U.S., 2014-2024

January 6, 2025  |  Sarah Lyons
Minimum Wage

Vermont is one of 20 states where the minimum wage is indexed to inflation and increases automatically each year. The minimum wage in Vermont was $13.67 in 2024 and increased to $14.01 on January 1, 2025; the tipped minimum wage is half the standard minimum wage. Vermont began indexing in 2007, earlier than many states, and has also raised the wage by more than inflation multiple times since then. However, Vermont still has the lowest minimum wage of any of the New England states except New Hampshire, which matches the federal minimum of $7.25 per hour. Vermont’s tipped minimum is higher than all other states’ in the region except Maine.