Quick Answer: What is the minimum wage in Colombia per hour?

Does Colombia have a minimum wage?

Columbia’s minimum wage is 689,954 Colombian pesos a month. The minimum wage is established by the government every January and serves as a benchmark for wage bargaining.

How much do Colombians get paid?

The average salary in Colombia is about 4,690,000 COP (Colombian Peso) per month. As per the latest exchange rate in August 2021, this roughly amounts to USD 1,200. That’s significantly less than the highest average salary figures in most other countries.

What is the average hourly wage in Colombia?

The average salary for jobs in Colombia is $ 28.791. 503 (COP) per year or an hourly rate of $ 13.842 (COP).

What is the average rent in Colombia?

Here is a sample budget for a couple:

Utility U.S. $
Rent (two-bedroom, two-bathroom) $325 – $1,300
Electricity (no heat, but air on the coast) $35 – $100
Water & sewer $15 – $30
Gas (cooking & heating water) $10 – $20

What is a good living wage in Colombia?

Living Wage Individual in Colombia averaged 754825 COP/Month from 2015 until 2018, reaching an all time high of 782100 COP/Month in 2018 and a record low of 730000 COP/Month in 2016. Colombia Living Wage Individual – values, historical data and charts – was last updated on October of 2021.

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How much do Colombians make a month?

So, what is the average salary in Colombia? A person working in Colombia will earn an average salary of around $326 per month. The salaries range from $217, which is the minimum to $7106 as the maximum salary per month. These salaries are inclusive of transport, housing, and other benefits.

What is the average hourly wage in Medellin Colombia?

The average salary for jobs in Medellin, Colombia is $ 28.718. 726 (COP) per year or an hourly rate of $ 13.807 (COP). The above data is a sample of data available in ERI’s Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries.

What is the minimum wage in El Salvador?

El Salvador’s minimum wage is $365.00 a month for the commerce, industrial, and service sector; $359.16 for the Maquila, manufacturing, and textile sector; $272.66 for the Coffee mill and Sugar cane harvesting coffee workers; and $243.46 for the agriculture, and coffee or cotton harvesting sector.