Chipotle will be raising prices at locations in California next year to offset higher labor costs.

<div class="block">Chipotle will be raising prices at locations in California next year to offset higher labor costs.</div>

Stretching Your Dollar

Chipotle to Raise Prices to Offset Labor Costs

All right, Chipotle will be raising prices at locations in California next year to offset higher labor costs. The state's new minimum wage requirement goes into effect. Next April increasing to $20 an hour. Well, currently Chipotle pays workers in the state about 17 to $18 an hour. And the company's CFO said in a call last week, the prices will be raised by single digits. But on the mid to high end of those numbers.