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Cost of doing business in Santa Fe, NM

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    Impact of city's high minimum wage

  • Duration 2:02
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One of problems that I have with that is that.

You know you can't charge twenty dollars for an enchilada.

The cost of doing business in Santa Fe, New Mexico has just gone out.

Port town of less than a 100000 people we are going to be paying the highest.

Minimum wage in the entire United States America.

Senate -- now requires private businesses to pay ten dollars and 29 cents an hour.

Well I think the emphasis has -- to.

Better floor under the low wage workers.

This south western artists Mecca has a cost of living 18% higher than the national average according to the city.

Premier David costs -- Santa -- couldn't wait for congress -- the state to increase the minimum wage so they started doing it themselves.

We've been leaders and economic development program leaders and an arts and culture and and we're we're just very proud of -- our role.

And we think it works for our time we're very concerned about the effect on local business.

Not everyone is happy.

The wage increases are tied to the Consumer Price Index CPI rises so does the wage -- It was up and up and up that's a question that I'd like to have to ask no matter where where is the cast.

And when -- CPR goes down the minimum wage stays the same.

Opponents say Santa -- economy suffers in the long run.

It is already discourage people from coming in to establish a new business in this market.

But it's also put a lot of people out of business because they can't afford to do this.

Murray is is a Santa -- institution.

-- -- said -- says businesses are having to make unpleasant choices to stay competitive.

I don't wanna give up the -- that paid vacations because you need a vacation I don't give of the healthier Rushmore -- anything you need the health care.

So we back off on anything it's probably going to be the overtime work that -- for a guy a chance to make a little extra money.

Businesses just outside the Santa -- city limits -- the state mandated minimum wage nearly three dollars less than businesses paint in town.

In Santa Fe, New Mexico police kept going out Fox News.