Raising minimum wage would only increase prices from .1 - .4
http://www.peri.umass.edu/fileadmin/pdf/resources/minwage_notesjune19.pdf
http://www.epi.org/publication/a-decade-of-flat-wages-the-key-barrier-to-shared-prosperity-and-a-rising-middle-class/

Here is some real world proof in one of the most depressed areas of the nation.
http://www.huffingtonpost.com/2013/08/05/moo-cluck-moo-living-wage_n_3709834.html

States with Minimum Wages above the Federal Level have had Faster Small Business and Retail Job Growth
http://www.fiscalpolicy.org/FPISmallBusinessMinWage.pdf