Missouri Minimum Wage 2024. A report from the missouri department of labor said that starting in 2024, the minimum wage rate will increase or decrease based on the cost of living, according to. Louis — missouri’s minimum wage will increase by 30 cents to $12.30 per hour beginning jan.

1, 2024, according to an update. As of january 1, 2024, missouri has implemented an increase in its minimum wage rate.