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Average Salary in Cayman Islands 2019

How much money does a person working in Cayman Islands make?

3,268 KYD per month
Average Monthly Salary
A person working in Cayman Islands typically earns around 3,268 KYD 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 Cayman Islands | All Jobs

Median and salary distribution monthly Cayman Islands

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Cayman Islands range between 442 KYD per month (minimum salary) to 14,471 KYD per month (maximum salary).

The median salary is 3,235 KYD per month, which means that half (50%) of the population are earning less than 3,235 KYD while the other half are earning more than 3,235 KYD. 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 1,655 KYD while 75% of them are earning more than 1,655 KYD. Also from the diagram, 75% of the population are earning less than 8,676 KYD while 25% are earning more than 8,676 KYD.

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 Cayman Islands

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

Salary trends and forecast monthly Cayman Islands
Average Salary 2016    =  
2,983 KYD
Average Salary 2017    +4%  
3,093 KYD
Average Salary 2018    +2%  
3,161 KYD
Average Salary 2019    +3%  
3,268 KYD
Percentage increase and decrease are relative to the previous value
Salaries in Cayman Islands 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
Accountant2,127 KYD
Administrative Assistant1,654 KYD
Architect2,894 KYD
Attorney4,529 KYD
Biomedical Engineer2,844 KYD
CAD Drafter2,314 KYD
Cashier1,845 KYD
Chartered Accountant2,830 KYD
Chef2,507 KYD
Chief Executive Officer7,382 KYD
Chief Financial Officer6,633 KYD
Civil Engineer2,894 KYD
Computer Technician2,501 KYD
Creative Director3,322 KYD
Dentist7,792 KYD
Developer / Programmer2,757 KYD
Electrical Engineer3,199 KYD
Elementary School Teacher2,300 KYD
Engineer2,894 KYD
Executive Chef2,927 KYD
Flight Attendant2,662 KYD
General Manager5,628 KYD
Graphic Designer2,255 KYD
Hotel Manager4,552 KYD
Human Resources Manager4,422 KYD
Internal Auditor3,296 KYD
Journalist3,199 KYD
Legal Assistant2,338 KYD
Mechanical Engineer3,135 KYD
Nurse2,430 KYD
Pharmacist3,545 KYD
Photographer2,171 KYD
Pilot3,665 KYD
Police Officer2,584 KYD
Project Manager3,618 KYD
Receptionist1,805 KYD
Sales Manager5,126 KYD
Sales Representative2,006 KYD
Secondary School Teacher2,560 KYD
Secretary1,659 KYD
Teacher2,402 KYD
Teller2,171 KYD
Travel Agent2,613 KYD
Waiter / Waitress2,007 KYD

Average Hourly Wage in Cayman Islands | All Jobs

19 KYD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Cayman Islands | All Jobs is 19 KYD. This means that the average person in Cayman Islands earns approximatly 19 KYD 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.

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