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Key Facts: Cayman Islands vs Luxembourg Wages

Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Luxembourg Minimum Wage
€15.63/hr ($18.20 USD)
Luxembourg Avg. Gross Monthly Salary
€5,600 /mo ($6,521.49 USD)
Data Sources
Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Inspection du Travail et des Mines (ITM); 2026 figures verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (2026-05-04)

Cayman Islands flag Cayman Islands Luxembourg flag Luxembourg

Updated 2026-05-04

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Luxembourg flag Luxembourg

Minimum Wage

€15.63 /hr

$18.20 USD

Avg. Gross Salary

€5,600 /mo

Min wage: -42% Cayman Islands vs Luxembourg

The minimum wage in the Cayman Islands is 42% lower than in Luxembourg in USD terms, though average salaries tell a different story.

Detailed Comparison

Detailed wage comparison between Cayman Islands and Luxembourg
Metric Cayman Islands Luxembourg
Minimum wage /hr $8.75 $10.50 €15.63 $18.20
Minimum wage /mo $1,516.67 $1,820.08 €2,703.74 $3,148.64
Minimum wage /yr $18,200 $21,840.87 €32,444.88 $37,783.72
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 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.

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)

Cayman Islands Luxembourg Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in the Cayman Islands earns 73% less per hour in USD terms than one in Luxembourg.

See this comparison from Luxembourg's perspective: Luxembourg vs Cayman Islands

Compare Cayman Islands with...

Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Luxembourg?

In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Luxembourg, it is €15.63/hr ($18.20 USD). Luxembourg has the higher rate by 73% 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 Luxembourg?

Both Cayman Islands 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.