Cayman Islands Mexico

Updated 2026-05-04

Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Mexico

Minimum Wage

MX$9,583.52 /mo

$553.10 USD

Avg. Gross Salary

MX$16,500 /mo

Min wage: -98% Cayman Islands vs Mexico

The minimum wage in the Cayman Islands is roughly 53 times lower than in Mexico in USD terms, reflecting the gap between a high-income and a upper-middle-income economy.

Detailed Comparison

Detailed wage comparison between Cayman Islands and Mexico
Metric	Cayman Islands	Mexico	Diff
Minimum wage /hr	$8.75 $10.50	—	—
Minimum wage /day	—	MX$315.04 $18.18	—
Minimum wage /mo	$1,516.67 $1,820.08	MX$9,583.52 $553.10	+229.1%
Minimum wage /yr	$18,200 $21,840.87	MX$114,989.60 $6,636.44	+229.1%
Avg. gross salary /mo	N/A/mo	MX$16,500 /mo $952.27	—
Avg. net salary /mo	N/A/mo	MX$14,200 /mo $819.53	—
Median individual income /yr	N/A/yr	MX$96,000 /yr $5,540.49	—

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.
Mexico: 48 hrs/wk standard

Max 48 hrs/wk

Overtime : 2x pay

Standard workweek is 48 hours (daytime). Night shift maximum is 42 hours, mixed shift 45 hours. First 9 hours of overtime per week at 200% rate; beyond that at 300%. A 2023 reform discussion to reduce to 40 hours is pending.

What This Means for Workers

A minimum wage worker in the Cayman Islands earns 5167% less per hour in USD terms than one in Mexico. Standard work weeks differ: the Cayman Islands mandates 40 hours while Mexico mandates 48 hours. A minimum wage worker's weekly earnings in the Cayman Islands are $420 vs $26,549 in Mexico.

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

Compare Cayman Islands with...

Cayman Islands vs United States $ 7.25 /hr

Cayman Islands vs China ¥ 25 /hr

Cayman Islands vs Germany € 13.9 /hr

Cayman Islands vs United Kingdom £ 12.71 /hr

Cayman Islands vs India ₹ 4,576 /mo

Cayman Islands vs Japan ¥ 1,121 /hr

Cayman Islands vs France € 12.02 /hr

Cayman Islands vs South Korea ₩ 10,320 /hr

Cayman Islands vs Canada C$ 18.1 /hr

Cayman Islands vs Australia A$ 24.95 /hr

Cayman Islands vs Brazil R$ 7.37 /hr

Cayman Islands vs Russia ₽ 156.31 /hr

Cayman Islands vs Netherlands € 14.71 /hr

Cayman Islands vs Saudi Arabia ﷼ 23.08 /hr

Cayman Islands vs Turkey ₺ 164.94 /hr

Cayman Islands vs Switzerland

Cayman Islands vs Poland zł 31.4 /hr

Cayman Islands vs Sweden

Cayman Islands vs Singapore

Cayman Islands vs Norway

Cayman Islands vs Austria

Cayman Islands vs Denmark

Cayman Islands vs Israel ₪ 35.4 /hr

Cayman Islands vs New Zealand NZ$ 23.5 /hr

Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Mexico?

In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Mexico, it is MX$9,583.52/mo ($553.10 USD). Mexico has the higher rate by 5167% 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 Mexico?

Mexico has a longer standard work week at 48 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.