In California, some cities have passed their own minimum wage laws. As of July 1, 2023, Los Angeles had a minimum wage of $16.78/hour, San Diego's minimum wage was $16.30, San Francisco's minimum wage was $18.07, and El Cerrito had a minimum wage of $17.35. According to Zillow (www.zillow.com), while the median home price in the U.S. was $346,048 in December 2023, it was $746,055 for California. In Los Angeles, the median home price was $920,605; in San Diego, it was $961,892; in San Francisco, it was $1,234,246; in El Cerrito, it was $1,131,810. 4. Based on the paragraph you just read and your understanding of minimum wage, place a checkmark next to each true statement about California and minimum wage. Based on minimum wage and property values, it would likely be difficult for a small business to survive in San Francisco. A person who makes minimum wage in California will likely not be able to afford to buy a house. Minimum wage is lower in California than elsewhere in the U.S. because the cost of living is lower. Based on the history of minimum wage in California, the state will likely continue to increase the minimum wage as the