Average Wage In Freeport Bahamas Because taxes may differ across sectors and locations it is difficult to accurately calculate the net salary after tax for every career A person working in Bahamas typically earns around 46 900 BSD Salaries range from 11 800 BSD lowest average to 209 000 BSD highest average actual maximum salary is higher
Average salary in Freeport is 59 200 BSD per year The most typical earning is 32 007 BSD All data are based on 64 salary surveys Salaries are different between men and women Men receive an average salary of 60 013 BSD Women receive a salary of 57 112 BSD The most paid careers are Insurance with average income 120 026 BSD and Human Resources with income 111 725 BSD A person working in Freeport typically earns around 37 400 BSD per year Salaries range from 9 470 BSD lowest average to 167 000 BSD highest average actual maximum salary is higher This is the average yearly salary including housing transport and other benefits Salaries vary drastically between different careers
Average Wage In Freeport Bahamas
Average Wage In Freeport Bahamas
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The average salary in the Bahamas is 3 900 BSD Bahamian Dollar per month This amounts to roughly 3 900 USD United States Dollar per month according to the exchange rates in April 2023 This is substantially lower than other popular outsourcing destinations like the United Kingdom USD 88 924 per year United States USD 94 700 per year Total cost of living in Freeport for two person with average consumption for one month will be 1735 07 no rent price included Current prices of 54 goods and services in 10 categories in Freeport Prices of food restaurants transportation utilities clothing and apartment rent buying costs in Freeport Average salaries also included
Average salary in Bahamas is 52 256 BSD per year The most typical earning is 32 007 BSD All data are based on 241 salary surveys Salaries are different between men and women Men receive an average salary of 57 312 BSD Women receive a salary of 47 710 BSD The most paid careers are Aviation Shipping with average income 120 026 BSD and Archaeology History with income 105 123 BSD Median Hourly Rate B 7 06 B 19 57 Executive Assistant Median Hourly Rate B 24272 11 B 76596 44 Customer Service Representative CSR Median Hourly Rate B 16900 00 B 43000 00
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A 2020 study by the Government and Public Policy Institute of University of The Bahamas concluded that a living wage in New Providence and Grand Bahama is 2 625 and 3 550 per month respectively On average salaries in the Bahamas are higher in the tourism banking and construction sectors than in the education and healthcare sectors To provide two examples the average monthly wage in the tourism business is 6 800 BSD about 6 793 USD whereas in the education sector it is just 3 700 BSD about 3 698 USD
We estimated the net living wage to be 2500 per month for New Providence and 3400 for Grand Bahama Our estimates are almost 200 higher than the minimum wage and nearly 130 higher than the This report describes how living wage estimates were calculated for New Providence and Grand Bahama This report uses primary and secondary sources and is inspired by the Anker methodology We calculated that 2625 and 3550 were needed each month as the gross living wage for a full time worker who must sustain a family of four in New Providence and Grand Bahama respectively
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Average Wage In Freeport Bahamas - The average salary in the Bahamas is 3 900 BSD Bahamian Dollar per month This amounts to roughly 3 900 USD United States Dollar per month according to the exchange rates in April 2023 This is substantially lower than other popular outsourcing destinations like the United Kingdom USD 88 924 per year United States USD 94 700 per year