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Home » Caribbean » What is the average hourly rate in the Bahamas?

What is the average hourly rate in the Bahamas?

December 14, 2021 by Bo Lang

Bahamas Salary

Annual Salary Hourly Wage
Top Earners $104,500 $50
75th Percentile $85,000 $41
Average $67,350 $32
25th Percentile $50,500 $24

Contents

How much does the Bahamas cost per hour?

The Bahamas’ Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. B$5.25 per hour, B$42 per day,and B$210 per week. The Bahamas’ minimum wage was last changed in 15-Aug-2015.

How much does a bank teller make in the Bahamas?

$21,096 (BSD)/yr.

What is the average rate per hour?

The average American earns $27.16 per hour
In August 2018, the average worker earned $27.16 per hour, a 10-cent increase from the previous month.

What is the highest paying job in the Bahamas?

Family and General Practitioners
Detailed List Of Highest Paying Jobs In Nassau County

Rank Job Title Entry Level Salary
1 Family and General Practitioners $124,850
2 Internists, General $123,040
3 Dentists, General $120,040
4 Chief Executives $109,720

What is a good salary in Bahamas?

Bahamas Salary

Annual Salary Hourly Wage
Top Earners $104,500 $50
75th Percentile $85,000 $41
Average $67,350 $32
25th Percentile $50,500 $24

What is the cost of living in the Bahamas?

Summary: Family of four estimated monthly costs are 3,846$ without rent. A single person estimated monthly costs are 1,103$ without rent. Cost of living in Bahamas is, on average, 18.80% higher than in United States.
Cost of Living in Bahamas.

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 265.41$

How much do bank managers make in the Bahamas?

$45,994 (BSD)/yr.

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How much do bank tellers make in Nassau Bahamas?

$22,511 (BSD)/yr.

What does the average bank teller make?

The average Bank Teller salary in the United States is $61,861 as of October 29, 2021. The range for our most popular Bank Teller positions (listed below) typically falls between $26,116 and $97,606.

Is $17 an hour good?

When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…

$17 per Hour – Full Time Total Income
Weekly (40 Hours) $680
Bi-Weekly (80 Hours) $1,360
Daily Wage (8 Hours) $136
Net Estimated Monthly Income $2,250

Is $12 an hour good?

Is $12 an Hour Good Pay? You can make $12 an hour work if you’re frugal. If you can rent with roommates, share the utility costs, and keep food costs at approximately 10 percent of your monthly income, you should have enough to cover the basic cost of living and even saving 10 percent each month.

Is 14.00 an hour good pay?

The real answer is as little as you can. If you are asking how much a person making $14 per hour can safely afford, that is about $600 per month, assuming utilities either included or a small amount. As a general rule, financially successful people keep the expense of a roof over their head below 1/4 of their income.

What is the most common job in the Bahamas?

Most people working in the Bahamas are employed in the tourism or international banking sector, and these industries are the major driving forces behind the economy. In fact, tourism (as well as construction and manufacturing related to the tourism sector) makes up about 80%of the national GDP.

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What jobs are in demand in the Bahamas?

The Job Market
As such, foreign nationals aspiring to work in The Bahamas can look into the industries of tourism, financial services and engineering, as these industries have the highest demand for workers. Agriculture and fisheries also provide employment for locals and expats in this country.

How much does a flight attendant make in the Bahamas?

$50,818 (BSD)/yr.

What is the minimum wage in Bahamas?

Minimum Wage – Bahamas

Per Hour Per day
National Minimum Wage Information last updated on this page 08/01/2019 $5.25 $42.00

What is the poverty rate in the Bahamas?

The poverty rate for Bahamians is 11.1%, while the incidence of poverty among nationals of Canada, UK and the USA (4.9%) is much lower than the national rate.

How much money does a lawyer make in the Bahamas?

$97,738 (BSD)/yr.

What is the average rent in the Bahamas?

Moving to the Bahamas – the Cost of a Home
According to the data provided by Numbeo, rent prices in the Bahamas are around 10% lower than in the US. You can find a one-bedroom apartment in the center of Nassau for around $900 per month, which compares to nearly $1,300 in the US.

Are groceries expensive in Bahamas?

Food in the Bahamas is very expensive. We found the prices in the grocery stores alarming. Way over priced. An average lunch in a restaurant was $50-60 for two people.

Filed Under: Caribbean

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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