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Average Salary in Grenada 2019

How much money does a person working in Grenada make?

2,850 XCD per month
Average Monthly Salary
A person working in Grenada typically earns around 2,850 XCD 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 Grenada | All Jobs

Median and salary distribution monthly Grenada

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Grenada range between 386 XCD per month (minimum salary) to 12,620 XCD per month (maximum salary).

The median salary is 2,850 XCD per month, which means that half (50%) of the population are earning less than 2,850 XCD while the other half are earning more than 2,850 XCD. 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 1,456 XCD while 75% of them are earning more than 1,456 XCD. Also from the diagram, 75% of the population are earning less than 7,735 XCD while 25% are earning more than 7,735 XCD.

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 Grenada

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

Salary trends and forecast monthly Grenada
Average Salary 2016    =  
2,646 XCD
Average Salary 2017    +4%  
2,744 XCD
Average Salary 2018    +3%  
2,813 XCD
Average Salary 2019    +1%  
2,850 XCD
Percentage increase and decrease are relative to the previous value
Salaries in Grenada are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 1% 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
Accountant1,787 XCD
Administrative Assistant1,376 XCD
Architect2,548 XCD
Attorney3,767 XCD
Biomedical Engineer2,306 XCD
CAD Drafter2,010 XCD
Cashier1,498 XCD
Chartered Accountant2,367 XCD
Chef2,178 XCD
Chief Executive Officer6,237 XCD
Chief Financial Officer5,393 XCD
Civil Engineer2,353 XCD
Computer Technician1,990 XCD
Creative Director2,642 XCD
Dentist6,519 XCD
Developer / Programmer2,340 XCD
Electrical Engineer2,703 XCD
Elementary School Teacher1,827 XCD
Engineer2,427 XCD
Executive Chef2,278 XCD
Flight Attendant2,335 XCD
General Manager4,529 XCD
Graphic Designer1,850 XCD
Hotel Manager3,913 XCD
Human Resources Manager3,856 XCD
Internal Auditor2,847 XCD
Journalist2,544 XCD
Legal Assistant1,840 XCD
Mechanical Engineer2,602 XCD
Nurse2,217 XCD
Pharmacist3,191 XCD
Photographer1,765 XCD
Pilot3,311 XCD
Police Officer2,119 XCD
Project Manager3,003 XCD
Receptionist1,554 XCD
Sales Manager4,289 XCD
Sales Representative1,759 XCD
Secondary School Teacher2,305 XCD
Secretary1,498 XCD
Teacher2,122 XCD
Teller1,802 XCD
Travel Agent2,257 XCD
Waiter / Waitress1,644 XCD

Average Hourly Wage in Grenada | All Jobs

16 XCD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Grenada | All Jobs is 16 XCD. This means that the average person in Grenada earns approximatly 16 XCD 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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