Although San Francisco, Calif. has the highest minimum wage in the country, its mayor, Ed Lee, announced that a minimum wage increase to $15.00 per hour would be “worth evaluating,” according to a release from his office. The minimum wage in San Francisco is currently $10.55 per hour and it is set to rise to $10.74 per hour effective Jan. 1, 2014. The California state minimum wage, at $8.00 per hour, will rise to $9.00 per hour by July 2014 and to $10 per hour by January 2016. Full release.