Isle of Man Sweden

Updated 2026-03-12

Isle of Man

Minimum Wage

£12.25 /hr

$16.49 USD

Avg. Gross Salary

£4,025.67 /mo

Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Avg. salary: +26% Isle of Man vs Sweden

Unlike Sweden, which has no statutory minimum wage, Isle of Man mandates a wage floor of $16/hr. Average salaries are higher in Isle of Man at $5,420/mo compared to $4,318/mo in Sweden.

Detailed Comparison

Detailed wage comparison between Isle of Man and Sweden
Metric	Isle of Man	Sweden	Diff
Minimum wage /hr	£12.25 $16.49	None	—
Minimum wage /mo	£2,123.33 $2,858.93	None	—
Minimum wage /yr	£25,480 $34,307.26	None	—
Avg. gross salary /mo	£4,025.67 /mo $5,420.32	kr40,000 /mo $4,317.74	+25.5%
Avg. net salary /mo	N/A/mo	kr30,000 /mo $3,238.31	—
Median individual income /yr	£39,780 /yr $53,561.33	kr367,000 /yr $39,615.29	+35.2%

Percentage differences are based on USD equivalent values. Positive means Isle of Man is higher.

Work Week

Isle of Man: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours. Employment law broadly follows UK principles with local variations.
Sweden: 40 hrs/wk standard

Max 48 hrs/wk

Standard workweek is 40 hours (Working Hours Act / Arbetstidslagen). Maximum overtime is 48 hours over 4 weeks or 200 hours per calendar year. Overtime compensation is determined by collective agreements, not statute. Many agreements provide overtime at 150-200% of normal pay. EU Working Time Directive limits average to 48 hrs/week.

See this comparison from Sweden's perspective: Sweden vs Isle of Man

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Frequently Asked Questions

Is the minimum wage higher in Isle of Man or Sweden?

In Isle of Man, the minimum wage is £12.25/hr ($16.49 USD). In Sweden, it is no statutory minimum wage.

How much more does the average worker earn in Isle of Man compared to Sweden?

The average gross salary in Isle of Man is £4,025.67/mo ($5,420.32 USD), compared to kr40,000/mo ($4,317.74 USD) in Sweden. In USD terms, workers in Isle of Man earn approximately 26% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Isle of Man and Sweden is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Isle of Man earn more in nominal terms, though how far that income stretches depends on local prices in Sweden.

How do work hours compare between Isle of Man and Sweden?

Both Isle of Man and Sweden 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.