Montana minimum wage increases in 2024

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Since Jan. 1, Montana has a new minimum wage at $10.30 an hour. This is the first time the minimum wage has been over $10 and is a 35 cent increase from 2023. According to Montana Department of Labor and Industry, the minimum wage is determined by a consumer price index that calculates the cost of living in the state. 

The federal minimum wage is currently $7.25. 

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According to the Montana Department of Labor & Industry, the average salary in Montana was $54,514 in 2022. In Gallatin and Madison Counties, the average individual salaries were $58,645 and $56,900 respectively.

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