Minimum Wage In Illinois 2024 Per Hour. * effective july 1, 2024, the minimum wage to be paid under city of chicago contracts or concessionaire agreements increases from $16.80 to $17.40 per hour for. This year, the minimum wage for chicago is $15.40 per hour for businesses with 21 or more employees, $14.50 per hour for businesses with up to 20 employees,.

Beginning january 1, 2023, the minimum wage in illinois is $13.00 per hour for those individuals who are 18 years and older. The minimum wage increases annually according to the consumer price index or 2.5%, whichever is lower.