(KLZA)-- The minimum wage in Nebraska increases to $10.50 per hour on January 1.

Nebraska voters approved Initiative 433 in November which paves the way for wage increases of $1.50 per hour each year on January 1, pushing the minimum wage to $15 per hour in 2026. After that, wages will increase equal to the annual cost of living.

Minimum wage workers in Nebraska will earn an additional $3,120 per year due to the increase.

By 2026 California, Connecticut, Delaware, Florida, Hawaii, Illinois, Maryland, Massachusetts, New Jersey, New York, Rhode Island and Washington State will all have a minimum wage of at least $15 per hour.

The minimum wage in Kansas and Iowa is $7.25 per hour. In Missouri the minimum wage in 2023 will increase to $12 per hour.

The federal minimum wage is $7.25 per hour and has not increased since 2009.