Because the cost of living in California varies across the state, the impact of its new minimum wage will vary as well. As shown in this map, $15 per hour is less significant in areas with higher costs of living, such as Los Angeles and San Francisco. This also means that businesses in areas with lower costs of living will face greater challenges to remain profitable.
Because the cost of living in California varies across the state, the impact of its new minimum wage will vary as well. As shown in this map, $15 per hour is less significant in areas with higher costs of living, such as Los Angeles and San Francisco. This also means that businesses in areas with lower costs of living will face greater challenges to remain profitable.