Key Facts: Israel vs Cayman Islands Wages
- Israel Minimum Wage
- ₪35.40/hr ($12.57 USD)
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Israel Avg. Gross Monthly Salary
- ₪12,000 /mo ($4,262.12 USD)
- Data Sources
- Ministry of Economy and Industry / National Insurance Institute; 2026 figure verified via Wikipedia List of countries by minimum wage (eff 2026-04-01) (2026-05-04), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)
Israel
Cayman Islands
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
Both high-income economies, Israel and Cayman Islands set comparable minimum wage floors in USD terms.
Detailed Comparison
| Metric | Israel | Cayman Islands |
|---|---|---|
| Minimum wage /hr | ₪35.40 $12.57 | $8.75 $10.50 |
| Minimum wage /mo | ₪6,443.85 $2,288.71 | $1,516.67 $1,820.08 |
| Minimum wage /yr | ₪77,326.20 $27,464.46 | $18,200 $21,840.87 |
| Avg. gross salary /mo | ₪12,000 /mo $4,262.12 | N/A/mo |
| Avg. net salary /mo | ₪9,000 /mo $3,196.59 | N/A/mo |
| Median individual income /yr | ₪108,000 /yr $38,359.08 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Israel is higher.
Work Week
- Israel
-
42 hrs/wk standard
Max 42 hrs/wk
Overtime : 1.25x pay
Standard workweek reduced from 43 to 42 hours in April 2018. Typically 5-day work week (8.4 hrs/day) or 6-day week. First 2 overtime hours: 125% of regular rate; subsequent hours: 150%. Weekly rest day is typically Friday evening to Saturday evening (Shabbat). Maximum 12 hours in any workday.
- 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 moving from the Cayman Islands to Israel would see a 20% increase in USD-equivalent hourly earnings. Standard work weeks differ: Israel mandates 42 hours while the Cayman Islands mandates 40 hours. A minimum wage worker's weekly earnings in Israel are $528 vs $420 in the Cayman Islands.
See this comparison from Cayman Islands's perspective: Cayman Islands vs Israel
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Frequently Asked Questions
Is the minimum wage higher in Israel or Cayman Islands?
In Israel, the minimum wage is ₪35.40/hr ($12.57 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Israel has the higher rate by 20% 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 Israel and Cayman Islands?
Israel has a longer standard work week at 42 hours, compared to 40 hours in the Cayman Islands. Workers in Israel work 42 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.