HOURLY WAGE INDEX
$13
What is the minimum wage in Indianapolis?
The current minimum wage in Indianapolis is $13 per hour, effective July 1, 2023. This is an increase of $1.75 from the previous minimum wage of $11.25 per hour, which was set in 2021. The minimum wage in Indianapolis is higher than the federal minimum wage of $7.25 per hour, but it is lower than the minimum wage in some other major cities, such as New York City ($15 per hour) and San Francisco ($16.32 per hour). The minimum wage in Indianapolis is adjusted annually based on the Consumer Price Index. The next scheduled increase in the minimum wage is in July 2024, when it will increase to $13.75 per hour. The livable wage in Indianapolis is estimated to be $15.24 per hour for a single adult with no children. This means that an individual working full-time at the livable wage would be able to afford basic necessities such as housing, food, transportation, and healthcare. There are an estimated 100,000 workers in Indianapolis who make minimum wage. This represents about 10% of the workforce in the city.
$26
What is the average wage in Indianapolis?
The average wage in Indianapolis is $52,000 per year, which is about $26 per hour.
$15.24
What is the living wage in Indianapolis?
The livable wage in Indianapolis is estimated to be $15.24 per hour for a single adult with no children. This means that an individual working full-time at the livable wage would be able to afford basic necessities such as housing, food, transportation, and healthcare. The livable wage in Indianapolis is higher than the minimum wage, but it is still lower than the average wage in the city. The average wage in Indianapolis is $52,000 per year, which is about $26 per hour.
