Key Facts: Cayman Islands vs Israel Wages
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Israel Minimum Wage
- ₪35.40/hr ($12.57 USD)
- Israel Avg. Gross Monthly Salary
- ₪12,000 /mo ($4,262.12 USD)
- Data Sources
- Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Ministry of Economy and Industry / National Insurance Institute; 2026 figure verified via Wikipedia List of countries by minimum wage (eff 2026-04-01) (2026-05-04)
Cayman Islands 
Israel
Updated 2026-05-04
Cayman Islands Minimum Wage
$8.75 /hr
$10.50 USD
Both high-income economies, Cayman Islands and Israel set comparable minimum wage floors in USD terms.
Detailed Comparison
| Metric | Cayman Islands | Israel |
|---|---|---|
| Minimum wage /hr | $8.75 $10.50 | ₪35.40 $12.57 |
| Minimum wage /mo | $1,516.67 $1,820.08 | ₪6,443.85 $2,288.71 |
| Minimum wage /yr | $18,200 $21,840.87 | ₪77,326.20 $27,464.46 |
| Avg. gross salary /mo | N/A/mo | ₪12,000 /mo $4,262.12 |
| Avg. net salary /mo | N/A/mo | ₪9,000 /mo $3,196.59 |
| Median individual income /yr | N/A/yr | ₪108,000 /yr $38,359.08 |
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.
- Israel
-
42 hrs/wk standard
Max 42 hrs/wk
Overtime : 1.25x pay
Standard workweek reduced from 43 to 42 hours in April 2018. Typically 5-day work week (8.4 hrs/day) or 6-day week. First 2 overtime hours: 125% of regular rate; subsequent hours: 150%. Weekly rest day is typically Friday evening to Saturday evening (Shabbat). Maximum 12 hours in any workday.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in the Cayman Islands earns 20% less per hour in USD terms than one in Israel. Standard work weeks differ: the Cayman Islands mandates 40 hours while Israel mandates 42 hours. A minimum wage worker's weekly earnings in the Cayman Islands are $420 vs $528 in Israel.
See this comparison from Israel's perspective: Israel vs Cayman Islands
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Cayman Islands vs New Zealand NZ$ 23.5 /hr Frequently Asked Questions
Is the minimum wage higher in Cayman Islands or Israel?
In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Israel, it is ₪35.40/hr ($12.57 USD). Israel has the higher rate by 20% 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 the Cayman Islands may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Cayman Islands and Israel?
Israel has a longer standard work week at 42 hours, compared to 40 hours in the Cayman Islands. Workers in the Cayman Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in the Cayman Islands working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.