Missouri Minimum Wage 2024 Per Hour Cost. In 2018, missouri voters approved a minimum wage increase of 85 cents per hour each year through 2023. The increase follows a 2018 referendum that raised the minimum wage to $12/hour over five years and will continue to adjust the minimum wage every following year based on changes in the cost of living.
The rate is set by the missouri department of labor and industrial relations. 1, according to the missouri department of labor and industrial relations.