What is the average income in Jamaica?
Economy of Jamaica
Table of Contents
What is the average income in Jamaica?
Economy of Jamaica
| Statistics | |
|---|---|
| Labour force | 1,514,936 (2019) 58.2% employment rate (2018) |
| Unemployment | 7.8% (July 2019) |
| Average gross salary | J$272,604 (£1,493/$2,498) |
| Average net salary | J$255,021 (£1,396/$2,337) |
What is a good salary in Jamaica?
Salary rankings by profession
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Physician | $49,961 | 151/265 |
| Executive Assistant | $45,425 | 44/265 |
| C Level Executive | $41,891 | 228/265 |
| Human Resources Manager | $40,480 | 130/265 |
What is the average salary in Jamaica in US dollars?
In 2020, the national gross income per capita in Jamaica amounted to almost 4.6 thousand U.S. dollars, down from 6.3 thousand U.S. dollars per person in the previous year.
What is the average family income in Jamaica?
Median Income In 2019, the median household income of Jamaica households was $56,438.
What is the highest paid jobs in Jamaica?
List of 22 High Paying Jobs That Don’t Require Degree In Jamaica
- CRIMINAL INVESTIGATORS AND DETECTIVES – $4,600,000 ANNUALLY.
- TRANSPORTATION, DISTRIBUTION AND STORAGE MANAGER –$2,130,000 ANNUALLY.
- SALES REPRESENTATIVES –$7,500,000 ANNUALLY In Jamaica.
- PURCHASING MANAGER – 7,900,000 ANNUALLY.
Is Jamaica cheaper than America?
Cost of living in Jamaica is, on average, 28.00% lower than in United States. Rent in Jamaica is, on average, 66.63% lower than in United States.
How much does a doctor in Jamaica make?
$292,022 (JMD)/yr The average medical doctor gross salary in Jamaica is $7,087,904 or an equivalent hourly rate of $3,408. In addition, they earn an average bonus of $292,022. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Jamaica.
What is middle class salary in Jamaica?
The average annual household income in Jamaica is $84,600, while the median household income sits at $66,270 per year….What are the median and average incomes in Jamaica?
| Y-o-Y Change | ||
|---|---|---|
| Average Household Income | $84,600 | 5.5% |
| Median Household Income | $66,270 | 3.4% |
What job makes the most money in Jamaica?
Is it expensive to live in Jamaica?
Factoring in food, transportation, utilities and recreation, you can live reasonably in Jamaica on a monthly budget of between $650 and $850.
What is the minimum wage in Jamaica?
The proposed increases are to become effective April 1, 2022. To this end, the national minimum wage will be increased from $7,000 to $9,000 per 40-hour work week or from $175 to $225 per hour.
How much money do you need to live comfortably in Jamaica?
