Key Facts: Israel vs Turks and Caicos Islands Wages
- Israel Minimum Wage
- ₪35.40/hr ($12.57 USD)
- Turks and Caicos Islands Minimum Wage
- $8/hr
- 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), TC Weekly News — Minimum Wage Increase (2026-05-04)
Israel
Turks and Caicos Islands
Updated 2026-05-04
Minimum Wage
$8 /hr
The minimum wage in Israel is 57% higher than in Turks and Caicos Islands when converted to USD.
Detailed Comparison
| Metric | Israel | Turks and Caicos Islands |
|---|---|---|
| Minimum wage /hr | ₪35.40 $12.57 | $8 |
| Minimum wage /mo | ₪6,443.85 $2,288.71 | $1,386.67 |
| Minimum wage /yr | ₪77,326.20 $27,464.46 | $16,640 |
| 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.
- Turks and Caicos Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Ordinance.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Turks and Caicos Islands to Israel would see a 57% increase in USD-equivalent hourly earnings. Standard work weeks differ: Israel mandates 42 hours while Turks and Caicos Islands mandates 40 hours. A minimum wage worker's weekly earnings in Israel are $528 vs $320 in Turks and Caicos Islands.
See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Israel
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Frequently Asked Questions
Is the minimum wage higher in Israel or Turks and Caicos Islands?
In Israel, the minimum wage is ₪35.40/hr ($12.57 USD). In Turks and Caicos Islands, it is $8/hr. Israel has the higher rate by 57% 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 Turks and Caicos Islands may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Israel and Turks and Caicos Islands?
Israel has a longer standard work week at 42 hours, compared to 40 hours in Turks and Caicos Islands. Workers in Israel work 42 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Turks and Caicos 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.