Ohio Minimum Wage 2024 Increase. There may be some drawbacks, but increasing ohio’s minimum wage to $15 an hour would save 4,000 lives and create a $25 billion benefit to the state economy by. Download, graph, and track economic data.

Ohio’s minimum wage is scheduled to increase jan. 1, 2024, to $10.45 an hour and $5.25 an hour for tipped employees.