Turks and Caicos Islands Mexico

Updated 2026-05-04

Turks and Caicos Islands

Minimum Wage

$8 /hr

Mexico

Minimum Wage

MX$9,583.52 /mo

$553.10 USD

Avg. Gross Salary

MX$16,500 /mo

Min wage: -99% Turks and Caicos Islands vs Mexico

The minimum wage in Turks and Caicos Islands is roughly 69 times lower than in Mexico in USD terms, reflecting the gap between a high-income and a upper-middle-income economy.

Detailed Comparison

Detailed wage comparison between Turks and Caicos Islands and Mexico
Metric	Turks and Caicos Islands	Mexico	Diff
Minimum wage /hr	$8	—	—
Minimum wage /day	—	MX$315.04 $18.18	—
Minimum wage /mo	$1,386.67	MX$9,583.52 $553.10	+150.7%
Minimum wage /yr	$16,640	MX$114,989.60 $6,636.44	+150.7%
Avg. gross salary /mo	N/A/mo	MX$16,500 /mo $952.27	—
Avg. net salary /mo	N/A/mo	MX$14,200 /mo $819.53	—
Median individual income /yr	N/A/yr	MX$96,000 /yr $5,540.49	—

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.
Mexico: 48 hrs/wk standard

Max 48 hrs/wk

Overtime : 2x pay

Standard workweek is 48 hours (daytime). Night shift maximum is 42 hours, mixed shift 45 hours. First 9 hours of overtime per week at 200% rate; beyond that at 300%. A 2023 reform discussion to reduce to 40 hours is pending.

What This Means for Workers

A minimum wage worker in Turks and Caicos Islands earns 6814% less per hour in USD terms than one in Mexico. Standard work weeks differ: Turks and Caicos Islands mandates 40 hours while Mexico mandates 48 hours. A minimum wage worker's weekly earnings in Turks and Caicos Islands are $320 vs $26,549 in Mexico.

See this comparison from Mexico's perspective: Mexico 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 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

Turks and Caicos Islands vs New Zealand NZ$ 23.5 /hr

Frequently Asked Questions

Is the minimum wage higher in Turks and Caicos Islands or Mexico?

In Turks and Caicos Islands, the minimum wage is $8/hr. In Mexico, it is MX$9,583.52/mo ($553.10 USD). Mexico has the higher rate by 6814% 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 Mexico?

Mexico has a longer standard work week at 48 hours, compared to 40 hours in Turks and Caicos Islands. Workers in Turks and Caicos Islands work 40 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.