Bermuda Luxembourg

Updated 2026-05-04

Bermuda

Minimum Wage

$17.13 /hr

$17.13 USD

Luxembourg

Minimum Wage

€15.63 /hr

$18.20 USD

Avg. Gross Salary

€5,600 /mo

Min wage: -6% Bermuda vs Luxembourg

Both high-income economies, Bermuda and Luxembourg set comparable minimum wage floors in USD terms.

Detailed Comparison

Detailed wage comparison between Bermuda and Luxembourg
Metric	Bermuda	Luxembourg	Diff
Minimum wage /hr	$17.13 $17.13	€15.63 $18.20	-5.9%
Minimum wage /mo	$2,968.87 $2,968.87	€2,703.74 $3,148.64	-5.7%
Minimum wage /yr	$35,630.40 $35,630.40	€32,444.88 $37,783.72	-5.7%
Avg. gross salary /mo	N/A/mo	€5,600 /mo $6,521.49	—
Avg. net salary /mo	N/A/mo	€4,000 /mo $4,658.20	—
Median individual income /yr	N/A/yr	€48,000 /yr $55,898.45	—

Percentage differences are based on USD equivalent values. Positive means Bermuda is higher.

Work Week

Bermuda: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Act 2000.
Luxembourg: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.4x pay

Standard workweek is 40 hours (Labour Code). Daily maximum is 8 hours (extendable to 10 hours). Overtime is compensated at 140% of normal rate or with equivalent compensatory time off (1.5 hours for each overtime hour). Maximum 2 hours overtime per day. EU Working Time Directive limits average to 48 hrs/week.

• WAGE TRAJECTORY (USD/hr)

Bermuda Luxembourg Source: wage.is · USD equivalent/hr

Year	Bermuda (USD)	Luxembourg (USD)
2020	—	$2494/hr
2021	—	$2564/hr
2022	—	$2694/hr
2023	$16/hr	$2921/hr
2024	—	$2994/hr
2025	$17/hr	$2994/hr
2026	—	$3149/hr

What This Means for Workers

A minimum wage worker in Bermuda earns 6% less per hour in USD terms than one in Luxembourg.

See this comparison from Luxembourg's perspective: Luxembourg vs Bermuda

Compare Bermuda with...

Bermuda vs United States $ 7.25 /hr

Bermuda vs China ¥ 25 /hr

Bermuda vs Germany € 13.9 /hr

Bermuda vs United Kingdom £ 12.71 /hr

Bermuda vs India ₹ 4,576 /mo

Bermuda vs Japan ¥ 1,121 /hr

Bermuda vs France € 12.02 /hr

Bermuda vs South Korea ₩ 10,320 /hr

Bermuda vs Canada C$ 18.1 /hr

Bermuda vs Australia A$ 24.95 /hr

Bermuda vs Brazil R$ 7.37 /hr

Bermuda vs Russia ₽ 156.31 /hr

Bermuda vs Mexico MX$ 9,583.52 /mo

Bermuda vs Netherlands € 14.71 /hr

Bermuda vs Saudi Arabia ﷼ 23.08 /hr

Bermuda vs Turkey ₺ 164.94 /hr

Bermuda vs Switzerland

Bermuda vs Poland zł 31.4 /hr

Bermuda vs Israel ₪ 35.4 /hr

Frequently Asked Questions

Is the minimum wage higher in Bermuda or Luxembourg?

In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In Luxembourg, it is €15.63/hr ($18.20 USD). Luxembourg has the higher rate by 6% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Bermuda may retain a larger share of their earnings if prices there are lower.

How do work hours compare between Bermuda and Luxembourg?

Both Bermuda and Luxembourg mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.