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Key Facts: Russia vs Cayman Islands Wages

Russia Minimum Wage
₽156.31/hr ($1.61 USD)
Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Russia Avg. Gross Monthly Salary
₽100,316 /mo ($1,034.19 USD)
Data Sources
Ministry of Labour and Social Protection (Минтруд России); Federal Law 548-FZ verified via ConsultantPlus (consultant.ru/law/hotdocs/91688.html) (2026-05-27), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)

Russia flag Russia Cayman Islands flag Cayman Islands

Updated 2026-05-27

Russia flag Russia

Minimum Wage

₽156.31 /hr

$1.61 USD

Avg. Gross Salary

₽100,316 /mo

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Min wage: -85% Russia vs Cayman Islands

The minimum wage in Russia is roughly 7 times lower than in the Cayman Islands in USD terms, reflecting the gap between a upper-middle-income and a high-income economy.

Detailed Comparison

Detailed wage comparison between Russia and Cayman Islands
Metric Russia Cayman Islands
Minimum wage /hr ₽156.31 $1.61 $8.75 $10.50
Minimum wage /mo ₽27,093 $279.31 $1,516.67 $1,820.08
Minimum wage /yr ₽325,116 $3,351.71 $18,200 $21,840.87
Avg. gross salary /mo ₽100,316 /mo $1,034.19 N/A/mo
Avg. net salary /mo ₽87,275 /mo $899.74 N/A/mo
Median individual income /yr ₽880,800 /yr $9,080.41 N/A/yr

Percentage differences are based on USD equivalent values. Positive means Russia is higher.

Work Week

Russia

40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.5x pay

Labour Code sets 40 hrs/week standard. Reduced hours for certain categories: under-16 (24 hrs), 16-18 (35 hrs), hazardous work (36 hrs). First 2 hours of overtime: 1.5x; subsequent hours: 2.0x. Overtime limited to 4 hrs over 2 consecutive days, 120 hrs/year. Public holidays (14 per year) are paid non-working days.

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)

Russia Cayman Islands Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in Russia earns 552% less per hour in USD terms than one in the Cayman Islands.

See this comparison from Cayman Islands's perspective: Cayman Islands vs Russia

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Frequently Asked Questions

Is the minimum wage higher in Russia or Cayman Islands?

In Russia, the minimum wage is ₽156.31/hr ($1.61 USD). In the Cayman Islands, it is $8.75/hr ($10.50 USD). Cayman Islands has the higher rate by 552% 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 Russia may retain a larger share of their earnings if prices there are lower.

How do work hours compare between Russia and Cayman Islands?

Both Russia 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.