Key Facts: Bermuda vs Russia Wages
- Bermuda Minimum Wage
- $17.13/hr ($17.13 USD)
- Russia Minimum Wage
- ₽156.31/hr ($1.61 USD)
- Russia Avg. Gross Monthly Salary
- ₽100,316 /mo ($1,034.19 USD)
- Data Sources
- Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04), Ministry of Labour and Social Protection (Минтруд России); Federal Law 548-FZ verified via ConsultantPlus (consultant.ru/law/hotdocs/91688.html) (2026-05-27)
Bermuda
Russia
Updated 2026-05-27
Minimum Wage
$17.13 /hr
$17.13 USD
The minimum wage in Bermuda is roughly 11 times higher than in Russia in USD terms, reflecting the gap between a high-income and a upper-middle-income economy.
Detailed Comparison
| Metric | Bermuda | Russia |
|---|---|---|
| Minimum wage /hr | $17.13 $17.13 | ₽156.31 $1.61 |
| Minimum wage /mo | $2,968.87 $2,968.87 | ₽27,093 $279.31 |
| Minimum wage /yr | $35,630.40 $35,630.40 | ₽325,116 $3,351.71 |
| Avg. gross salary /mo | N/A/mo | ₽100,316 /mo $1,034.19 |
| Avg. net salary /mo | N/A/mo | ₽87,275 /mo $899.74 |
| Median individual income /yr | N/A/yr | ₽880,800 /yr $9,080.41 |
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.
- Russia
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Labour Code sets 40 hrs/week standard. Reduced hours for certain categories: under-16 (24 hrs), 16-18 (35 hrs), hazardous work (36 hrs). First 2 hours of overtime: 1.5x; subsequent hours: 2.0x. Overtime limited to 4 hrs over 2 consecutive days, 120 hrs/year. Public holidays (14 per year) are paid non-working days.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Russia to Bermuda would see a 963% increase in USD-equivalent hourly earnings.
See this comparison from Russia's perspective: Russia vs Bermuda
Compare Bermuda with...
Frequently Asked Questions
Is the minimum wage higher in Bermuda or Russia?
In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In Russia, it is ₽156.31/hr ($1.61 USD). Bermuda has the higher rate by 963% 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 Russia may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Bermuda and Russia?
Both Bermuda and Russia 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.