Key Facts: Luxembourg vs Cayman Islands Wages
- Luxembourg Minimum Wage
- €15.63/hr ($18.20 USD)
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Luxembourg Avg. Gross Monthly Salary
- €5,600 /mo ($6,521.49 USD)
- Data Sources
- Inspection du Travail et des Mines (ITM); 2026 figures verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (2026-05-04), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)
Luxembourg
Cayman Islands
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
The minimum wage in Luxembourg is 73% higher than in the Cayman Islands when converted to USD.
Detailed Comparison
| Metric | Luxembourg | Cayman Islands |
|---|---|---|
| Minimum wage /hr | €15.63 $18.20 | $8.75 $10.50 |
| Minimum wage /mo | €2,703.74 $3,148.64 | $1,516.67 $1,820.08 |
| Minimum wage /yr | €32,444.88 $37,783.72 | $18,200 $21,840.87 |
| Avg. gross salary /mo | €5,600 /mo $6,521.49 | N/A/mo |
| Avg. net salary /mo | €4,000 /mo $4,658.20 | N/A/mo |
| Median individual income /yr | €48,000 /yr $55,898.45 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Luxembourg is higher.
Work Week
- Luxembourg
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.4x pay
Standard workweek is 40 hours (Labour Code). Daily maximum is 8 hours (extendable to 10 hours). Overtime is compensated at 140% of normal rate or with equivalent compensatory time off (1.5 hours for each overtime hour). Maximum 2 hours overtime per day. 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 moving from the Cayman Islands to Luxembourg would see a 73% increase in USD-equivalent hourly earnings.
See this comparison from Cayman Islands's perspective: Cayman Islands vs Luxembourg
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Frequently Asked Questions
Is the minimum wage higher in Luxembourg or Cayman Islands?
In Luxembourg, the minimum wage is €15.63/hr ($18.20 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Luxembourg has the higher rate by 73% 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 Luxembourg and Cayman Islands?
Both Luxembourg 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.