A total of 81 states and cities will be raising their minimum wage in 2022. 44 cities will be raising their minimum wage to above $15.00 per hour. Most of these increases took place the 1st of the new year. Please be sure to determine if any increases have or will be taking place in your community and adjust your annual income calculation accordingly.Â

2026 HUD Inflation-Adjusted Values (Table 1): Effective January 1, 2026
HUD has announced the inflation rates for 2026. The effective date is 1/1/2026.