Florida Minimum Wage 2026
Florida's minimum wage of $15 in 2026 is among the highest in the United States, and it is significantly higher than than the base federal minimum wage of $7.25 still used in 20 states.
Federal 
Florida Assuming a standard 40-hour work week, the weekly minimum wage in Florida is $600. For full-time employees working 52 weeks per year, the annual minimum wage in Florida is $31.2K.
Based on $15/hr minimum
Based on $15/hr minimum
The minimum wage rate of Florida and its neighboring states ranges from $7.25 to $15, with an average of $9.19. Florida, at $15, has the highest hourly minimum wage within this group of states. Alabama ($7.25), Georgia ($7.25), and Mississippi ($7.25) have lower hourly rates than Florida.
Florida Florida's cost of living index for 2025 is 102.2, which places it as the 19th most expensive state to live in the United States.
National 100
Florida 102.2
Assuming a standard 40-hour work week, the real wage in Florida, adjusted for the state’s cost of living index of 102.2, is approximately $14.68 per hour. This means that while the nominal minimum wage is $15 per hour, the purchasing power of those earnings is lower due to Florida's higher cost of living expenses. For full-time employees, the real weekly earnings amount to roughly $587.08, translating to an annual purchasing power of $30,528.38 when working 52 weeks per year.
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According to the most recent data, the median household income in the United States has seen a significant increase in 2023.
Florida's minimum wage of $15 in 2026 is among the highest in the United States, and it is significantly higher than than the base federal minimum wage of $7.25 still used in 20 states.
