New York's minimum wage is set to go up by $0.70 Thursday, while hourly workers on Long Island will see a boost to $14 an hour - a jump of $1. But it is begging the question - is that enough?

Minimum wage in New York City jumped to $15 back in December 2018. Like Long Island, Westchester's minimum wage is increasing to $14. The rest of the state will be at $12.50 an hour.

Chef Eric LeVine of 317 Main Street in Farmingdale says he already pays most of his staff above minimum wage. But he says this increase will have an impact on his industry.

"Businesses are going to have to charge more, purveyors are going to have to charge more, it's going to always hit the bottom line for the customer, so prices are going to go up," says LeVine.

"Right next door to 317 Main Street, the owner of The Nutty Irishman says the increase in minimum wage is just another burden on business owners like himself who have been struggling financially during the pandemic.

"We were hoping that it was going to be delayed. We're all for workers and employees making additional money, but in these times when we have so many restrictions, with the limited occupancy, restaurants, our margins are tight," says Joe Fortuna.

The minimum wage on Long Island has been increasing by a dollar every year since 2016, and will go up again on Dec. 31, 2021 to $15 an hour.

Hofstra economics professor Martin Melkonian says although minimum wage is technically going up -- the annual increase has not been adjusted for inflation.

"What's happened over the last 20, 30 years, is a continuing drop in the real adjusted minimum wage," he says.

Melkonian says a dollar an hour more is better than nothing. But many making minimum will still struggle.

"It's tough enough on Long Island, in New York, to scratch two nickels together," says LeVine. "If they're just at minimum wage, it would be harder for them."