Key Facts: Greece vs Cayman Islands Wages
- Greece Minimum Wage
- €5.31/hr ($6.18 USD)
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Greece Avg. Gross Monthly Salary
- €1,400 /mo ($1,630.37 USD)
- Data Sources
- Ministry of Labour and Social Security (Υπουργείο Εργασίας και Κοινωνικής Ασφάλισης); 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-04-01) (2026-05-04), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)
Greece 
Cayman Islands
Updated 2026-05-04
Cayman Islands Minimum Wage
$8.75 /hr
$10.50 USD
The minimum wage in Greece is 41% lower than in the Cayman Islands in USD terms, though average salaries tell a different story.
Detailed Comparison
| Metric | Greece | Cayman Islands |
|---|---|---|
| Minimum wage /hr | €5.31 $6.18 | $8.75 $10.50 |
| Minimum wage /mo | €920 $1,071.39 | $1,516.67 $1,820.08 |
| Minimum wage /yr | €12,880 $14,999.42 | $18,200 $21,840.87 |
| Avg. gross salary /mo | €1,400 /mo $1,630.37 | N/A/mo |
| Avg. net salary /mo | €1,100 /mo $1,281.01 | N/A/mo |
| Median individual income /yr | €12,800 /yr $14,906.25 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Greece is higher.
Work Week
- Greece
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.2x pay
Standard workweek is 40 hours across 5 days (Labour Law). Overtime beyond 40 hours is compensated at 120% for the first 5 hours per week and 140% thereafter. In 2024, Greece introduced optional 6-day workweek legislation for certain industries, with the 6th day paid at 140%. EU Working Time Directive limits average to 48 hrs/week.
- Cayman Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Act.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Greece earns 70% less per hour in USD terms than one in the Cayman Islands.
See this comparison from Cayman Islands's perspective: Cayman Islands vs Greece
Compare Greece with...
Greece vs United States $ 7.25 /hr 
Greece vs China ¥ 25 /hr 
Greece vs Germany € 13.9 /hr 
Greece vs United Kingdom £ 12.71 /hr 
Greece vs India ₹ 4,576 /mo 
Greece vs Japan ¥ 1,121 /hr 
Greece vs France € 12.02 /hr 
Greece vs South Korea ₩ 10,320 /hr 
Greece vs Canada C$ 18.1 /hr 
Greece vs Australia A$ 24.95 /hr 
Greece vs Brazil R$ 7.37 /hr 
Greece vs Russia ₽ 156.31 /hr 
Greece vs Mexico MX$ 9,583.52 /mo 
Greece vs Indonesia Rp 33,058 /hr 
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Greece vs Saudi Arabia ﷼ 23.08 /hr 
Greece vs Turkey ₺ 164.94 /hr 
Greece vs Taiwan NT$ 190 /hr 
Greece vs Switzerland 
Greece vs Poland zł 31.4 /hr 
Greece vs Thailand ฿ 10,400 /mo 
Greece vs Sweden 
Greece vs Argentina ARS 1,762 /hr 
Greece vs Singapore Frequently Asked Questions
Is the minimum wage higher in Greece or Cayman Islands?
In Greece, the minimum wage is €5.31/hr ($6.18 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Cayman Islands has the higher rate by 70% 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 Greece may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Greece and Cayman Islands?
Both Greece and Cayman Islands 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.