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
Luxembourg
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
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
| 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)
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.