How the new minimum wage in Maine is affecting businesses differently

The expense of life in Maine’s largest city is surprising to Rubin and her husband, who moved to the Pine Tree State from San Francisco, notoriously one of the most expensive places to live in the entire country. But, inflation has affected everyone. Experts like James Myall, an economic policy analyst at the Maine Center for Economic Policy, said that’s actually how the new minimum wage is being calculated.

“One thing that increasing minimum wage and indexing it to inflation does is that it means people can still afford the same kind of groceries and gas that they could before,” Myall said.

Click here to read the full story, first published January 2, 2024 in NewsCenter Maine.