Key Facts: Turks and Caicos Islands vs Luxembourg Wages
- Turks and Caicos Islands Minimum Wage
- $8/hr
- Luxembourg Minimum Wage
- €15.63/hr ($18.20 USD)
- Luxembourg Avg. Gross Monthly Salary
- €5,600 /mo ($6,521.49 USD)
- Data Sources
- TC Weekly News — Minimum Wage Increase (2026-05-04), 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)
Turks and Caicos Islands 
Luxembourg
Updated 2026-05-04
Turks and Caicos Islands Minimum Wage
$8 /hr
The minimum wage in Turks and Caicos Islands is 56% lower than in Luxembourg in USD terms, though average salaries tell a different story.
Detailed Comparison
| Metric | Turks and Caicos Islands | Luxembourg |
|---|---|---|
| Minimum wage /hr | $8 | €15.63 $18.20 |
| Minimum wage /mo | $1,386.67 | €2,703.74 $3,148.64 |
| Minimum wage /yr | $16,640 | €32,444.88 $37,783.72 |
| Avg. gross salary /mo | N/A/mo | €5,600 /mo $6,521.49 |
| Avg. net salary /mo | N/A/mo | €4,000 /mo $4,658.20 |
| Median individual income /yr | N/A/yr | €48,000 /yr $55,898.45 |
Percentage differences are based on USD equivalent values. Positive means Turks and Caicos Islands is higher.
Work Week
- 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.
- 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.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Turks and Caicos Islands earns 128% less per hour in USD terms than one in Luxembourg.
See this comparison from Luxembourg's perspective: Luxembourg vs Turks and Caicos Islands
Compare Turks and Caicos Islands with...
Turks and Caicos Islands vs United States $ 7.25 /hr 
Turks and Caicos Islands vs China ¥ 25 /hr 
Turks and Caicos Islands vs Germany € 13.9 /hr 
Turks and Caicos Islands vs United Kingdom £ 12.71 /hr 
Turks and Caicos Islands vs India ₹ 4,576 /mo 
Turks and Caicos Islands vs Japan ¥ 1,121 /hr 
Turks and Caicos Islands vs France € 12.02 /hr 
Turks and Caicos Islands vs South Korea ₩ 10,320 /hr 
Turks and Caicos Islands vs Canada C$ 18.1 /hr 
Turks and Caicos Islands vs Australia A$ 24.95 /hr 
Turks and Caicos Islands vs Brazil R$ 7.37 /hr 
Turks and Caicos Islands vs Russia ₽ 156.31 /hr 
Turks and Caicos Islands vs Mexico MX$ 9,583.52 /mo 
Turks and Caicos Islands vs Netherlands € 14.71 /hr 
Turks and Caicos Islands vs Saudi Arabia ﷼ 23.08 /hr 
Turks and Caicos Islands vs Turkey ₺ 164.94 /hr 
Turks and Caicos Islands vs Switzerland 
Turks and Caicos Islands vs Poland zł 31.4 /hr 
Turks and Caicos Islands vs Sweden 
Turks and Caicos Islands vs Singapore 
Turks and Caicos Islands vs Norway 
Turks and Caicos Islands vs Austria 
Turks and Caicos Islands vs Denmark 
Turks and Caicos Islands vs Israel ₪ 35.4 /hr Frequently Asked Questions
Is the minimum wage higher in Turks and Caicos Islands or Luxembourg?
In Turks and Caicos Islands, the minimum wage is $8/hr. In Luxembourg, it is €15.63/hr ($18.20 USD). Luxembourg has the higher rate by 128% 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 Turks and Caicos Islands and Luxembourg?
Both Turks and Caicos Islands and Luxembourg 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.