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Santa Fe Sets Minimum Wage Tied to Housing Costs Beginning in 2027
Santa Fe will raise its minimum wage to $17.50 in 2027, tying future increases to a mix of consumer prices and fair market rents to address high housing costs.
- Santa Fe is taking an unprecedented approach to addressing affordability by tying the city's minimum wage to rental costs, with the goal of enabling workers to afford living in the city.
- The new ordinance aims to preserve the diversity of Santa Fe's population by ensuring those who work in the city can afford to live there, according to Mayor Alan Webber.
- About 20% of Santa Fe's workforce, or roughly 9,000 workers, will see a wage increase when the ordinance takes effect, with the minimum wage reaching $17.50 by 2027.
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26 Articles
26 Articles
Santa Fe tackles rental rates with first-in-US minimum wage approach
SANTA FE, N.M. (AP) — Santa Fe has long referred to itself as “The City Different” for its distinct atmosphere and a blending of cultures that stretches back centuries. Now, it's trying something different — something officials hope will prevent…
·Salisbury, United States
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Coverage Details
Total News Sources26
Leaning Left8Leaning Right2Center13Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 35%
C 56%
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