Key Facts: Hong Kong vs Cayman Islands Wages
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 USD)
- Data Sources
- Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)
Hong Kong
Cayman Islands
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
The minimum wage in Hong Kong is 49% lower than in the Cayman Islands in USD terms, though average salaries tell a different story.
Detailed Comparison
| Metric | Hong Kong | Cayman Islands |
|---|---|---|
| Minimum wage /hr | HK$42.10 $5.37 | $8.75 $10.50 |
| Minimum wage /mo | HK$7,297 $931.08 | $1,516.67 $1,820.08 |
| Minimum wage /yr | HK$87,568 $11,173.52 | $18,200 $21,840.87 |
| Avg. gross salary /mo | HK$20,500 /mo $2,615.76 | N/A/mo |
| Avg. net salary /mo | HK$19,475 /mo $2,484.98 | N/A/mo |
| Median individual income /yr | HK$246,000 /yr $31,389.16 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Hong Kong is higher.
Work Week
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
- 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 Hong Kong earns 95% less per hour in USD terms than one in the Cayman Islands.
See this comparison from Cayman Islands's perspective: Cayman Islands vs Hong Kong
Compare Hong Kong with...
Frequently Asked Questions
Is the minimum wage higher in Hong Kong or Cayman Islands?
In Hong Kong, the minimum wage is HK$42.10/hr ($5.37 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Cayman Islands has the higher rate by 95% 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 Hong Kong may retain a larger share of their earnings if prices there are lower.