Key Facts: Cayman Islands vs Hong Kong Wages
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 USD)
- Data Sources
- Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04)
Cayman Islands
Hong Kong
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
The minimum wage in the Cayman Islands is 95% higher than in Hong Kong when converted to USD.
Detailed Comparison
| Metric | Cayman Islands | Hong Kong |
|---|---|---|
| Minimum wage /hr | $8.75 $10.50 | HK$42.10 $5.37 |
| Minimum wage /mo | $1,516.67 $1,820.08 | HK$7,297 $931.08 |
| Minimum wage /yr | $18,200 $21,840.87 | HK$87,568 $11,173.52 |
| Avg. gross salary /mo | N/A/mo | HK$20,500 /mo $2,615.76 |
| Avg. net salary /mo | N/A/mo | HK$19,475 /mo $2,484.98 |
| Median individual income /yr | N/A/yr | HK$246,000 /yr $31,389.16 |
Percentage differences are based on USD equivalent values. Positive means Cayman Islands is higher.
Work Week
- Cayman Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Act.
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Hong Kong to the Cayman Islands would see a 95% increase in USD-equivalent hourly earnings.
See this comparison from Hong Kong's perspective: Hong Kong vs Cayman Islands
Compare Cayman Islands with...
Frequently Asked Questions
Is the minimum wage higher in Cayman Islands or Hong Kong?
In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Hong Kong, it is HK$42.10/hr ($5.37 USD). Cayman Islands has the higher rate by 95% 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 Hong Kong may retain a larger share of their earnings if prices there are lower.