Reference Value Report: Living Wage and 2025 Update for Rural Honduras
2025 Reference Value Update Report: Living Wage Report for Rural Honduras
Abstract
This report updates the Anker Living Wage Reference Value for rural Honduras to 2025. In the original 2020 report, the living wage was HNL 6,852 (USD 277), consisting of a net living wage of HNL 6,304 (USD 255) and social security contributions of HNL 548 (USD 22). The cumulative inflation rate between June 2020 and June 2025 was 33.7%. Without adjusting for inflation, the 2020 living wage would no longer be sufficient for families to achieve a basic but decent standard of living in 2025, due to the erosion of purchasing power. The updated gross living wage for 2025 is HNL 8,736 (USD 335) per month, comprising a net living wage of HNL 8,430 (USD 323) and social security contributions of HNL 306 (USD 12). Social security contributions were calculated using the most up-to-date legislation. The deduction consists mainly of a 3.5% contribution to social security. Contributions to the social housing fund are now optional and therefore not included in the payroll deduction calculation.
Download the update report for free by typing in your email below
Original Report
2020 Reference Value Report: Living Wage Report for Rural Honduras
Abstract
The Anker Living Wage Reference Value for 2020 for rural Honduras is HNL 6,852 (USD 277) per month with a 95% confidence around it from HNL 6,346 to HNL 7,399. This is the wage required for rural workers to be able to afford a basic but decent living standard in a typical rural area of Honduras. The Reference Value is comprised of a net living wage (i.e. take-home pay) of HNL 6,304 (USD 255) per month and plus an estimated HNL 548 (USD 22) which would need to be paid by law as contribution to State Welfare Fund and in private pension on the living wage.
Download the full report for free by typing in your email below.
SUPPORT US
Our work helps to transform lives. But we can’t do what we do without you.
We are a non-profit and philanthropic support is essential for us to continue our pioneering work. We ask kindly that if you do use our research in your work you show your appreciation by donating.
Find out how you can support us by clicking here