Will Mamdani raise the minimum wage to $30 before 2027?
As of Thu, 20 Aug 2026 23:47:56 UTC, Polymarket traders price Yes (14.0%). The market has $25K in volume and closes on Wed, 01 Jan 2031.
Updated:
Current odds
| Outcome | Chance | Yes price | No price |
|---|---|---|---|
| Yes | 14.0% | 14.0¢ | 86.0¢ |
Market details
- Venue: Polymarket
- Volume: $25K
- Liquidity: $11K
- Closes:
Resolution rules
Zohran Mamdani has proposed raising New York City's minimum wage to $30 an hour by 2030. You can read more about that here: https://www.cityandstateny.com/policy/2025/02/mamdani-unveils-30-30-minimum-wage-push-part-mayoral-campaign/403015/?oref=csny-homepage-top-story This market will resolve to “Yes” if both the following occur: 1. Zohran Mamdani wins the 2025 NYC Mayoral election. 2. A policy is enacted in New York City before December 31, 2026, 11:59 PM ET, which would establish a minimum wage of at least $30 an hour, effective by December 31, 2030, or earlier. The policy will be considered to have been enacted if a local or state law is passed, or mayoral executive order is issued which will bring the stated minimum wage into effect within the specified timeframe. The introduction, proposal, or announcement of such a policy without legal enactment will not qualify. The enactment of a policy that initiates a structured increase of the minimum wage to at least $30 an hour in NYC over the course of several years will qualify for an immediate "Yes" resolution, so long as that policy explicitly outlines it will achieve that level by the stated date. Enactment of limited or temporary pilots which are not formally intended for citywide expansion (e.g., policies that explicitly cover only select boroughs, neighborhoods, or time periods) will not count. Policies which include limited exceptions—such as such as exceptions for restaurant workers, etc.—will still qualify as…
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