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Average Salary in Nassau 2019

How much money does a person working in Nassau make?

2,551 BSD per month
Average Monthly Salary
A person working in Nassau typically earns around 2,551 BSD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Nassau | All Jobs

Median and salary distribution monthly Nassau

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Nassau range between 345 BSD per month (minimum salary) to 11,296 BSD per month (maximum salary).

The median salary is 2,628 BSD per month, which means that half (50%) of the population are earning less than 2,628 BSD while the other half are earning more than 2,628 BSD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 1,338 BSD while 75% of them are earning more than 1,338 BSD. Also from the diagram, 75% of the population are earning less than 7,380 BSD while 25% are earning more than 7,380 BSD.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salary Trend and Forecast in Nassau

How are Nassau salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

Salary trends and forecast monthly Nassau
Average Salary 2016    =  
2,308 BSD
Average Salary 2017    +4%  
2,393 BSD
Average Salary 2018    +3%  
2,474 BSD
Average Salary 2019    +3%  
2,551 BSD
Percentage increase and decrease are relative to the previous value
Salaries in Nassau are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accountant1,786 BSD
Administrative Assistant1,307 BSD
Architect2,400 BSD
Attorney3,579 BSD
Biomedical Engineer2,125 BSD
CAD Drafter1,930 BSD
Cashier1,395 BSD
Chartered Accountant2,318 BSD
Chef2,090 BSD
Chief Executive Officer5,812 BSD
Chief Financial Officer5,606 BSD
Civil Engineer2,390 BSD
Computer Technician2,049 BSD
Creative Director2,721 BSD
Dentist6,382 BSD
Developer / Programmer2,224 BSD
Electrical Engineer2,518 BSD
Elementary School Teacher1,861 BSD
Engineer2,400 BSD
Executive Chef2,324 BSD
Flight Attendant2,129 BSD
General Manager4,484 BSD
Graphic Designer1,811 BSD
Hotel Manager3,948 BSD
Human Resources Manager3,452 BSD
Internal Auditor2,679 BSD
Journalist2,620 BSD
Legal Assistant1,803 BSD
Mechanical Engineer2,448 BSD
Nurse2,026 BSD
Pharmacist3,035 BSD
Photographer1,835 BSD
Pilot3,179 BSD
Police Officer2,075 BSD
Project Manager2,824 BSD
Receptionist1,918 BSD
Sales Manager4,199 BSD
Sales Representative1,605 BSD
Secondary School Teacher2,192 BSD
Secretary1,439 BSD
Teacher2,017 BSD
Teller1,694 BSD
Travel Agent2,124 BSD
Waiter / Waitress1,594 BSD

Average Hourly Wage in Nassau | All Jobs

15 BSD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Nassau | All Jobs is 15 BSD. This means that the average person in Nassau earns approximatly 15 BSD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Nassau VS Bahamas

Salary Comparison Between Nassau and Bahamas monthlyWe compared salaries in Nassau and Bahamas and we found that Nassau salaries are 20% less than those of Bahamas.
5474 - 25
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