What would happen to the fast food industry if it had to pay its workers something closer to a living wage? California decided to find out. In September 2023, the state enacted a new law that required fast food restaurants with more than 60 locations nationwide to pay workers a minimum of $20 per hour — a $4 per hour increase. Almost immediately, Americans nationwide were told the new law would devastate California's fast food industry. Now, we have actual data about the impact of the law. While workers enjoyed significantly higher wages,prices increased about 15 cents for a $4 burger.