Average Salary in Oman by 2024 | Cost of Living

Average Salary in Oman by 2024 | Cost of Living

The salary structure in Oman for 2024 is designed to accommodate a variety of factors, including location, industry, and experience level. This article provides a comprehensive overview of the Average Salary in Oman to 2024, highlighting the compensation landscape.

The Omani Rial used to pay salaries in Oman is known as OMR, and the currency symbol is ر.ع‎. By considering these key elements, individuals can gain a better understanding of the dynamic job market in Oman and make more informed decisions regarding their career and financial planning.

Salary in Oman by Year and Month

We’ve recently conducted surveys in Oman, and the valuable findings are conveniently presented in the table below. This data encompasses both monthly and annual salary information, offering you a comprehensive view of income trends in the region. Explore the details and gain insights into the economic landscape of Oman based on our survey results

Annual
Salary
Lowest
6,700 OMR
Average
21,640 OMR
Maximum
93,600 OMR

In the table above, we’ve meticulously outlined the annual salary statistics for Oman, offering a comprehensive view of income trends. Similarly, for a more detailed perspective on monthly earnings, we’ve provided a breakdown below. This dual presentation allows you to grasp both the bigger picture and the finer nuances of income structures in Oman, aiding your understanding of this dynamic economic landscape.

Monthly
Salary
Lowest
558 OMR
Average
1,803 OMR
Maximum
7,800 OMR

Comparison of Salaries in Oman Cities

As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Oman. We now present a city-specific salary comparison, illustrating the diversity in compensation across the country. It’s important to note that these figures represent average salaries, and actual earnings may vary depending on factors such as location, experience, and job role.

City NamesAverage Salary (by month in 2024)
Muscat7,850 OMR
Bawshar7,800 OMR
As Sīb7,200 OMR
Şalālah6,800 OMR
Ar Rustāq6,200 OMR
‘Ibrī6,000 OMR
Nizwá2,500 OMR
Al Buraymī1,700 OMR
Ibrā’1,600 OMR
Khaşab2,500 OMR
Al Mazyūnah2,400 OMR
Şuḩār3,300 OMR
As Suwayq4,200 OMR
Saham4,100 OMR
Barka3,000 OMR
Rustaq3,900 OMR
Sur3,800 OMR
Bahla2,700 OMR
Al Khaburah2,600 OMR
Shinas3,500 OMR
Sufalat Sama’il2,400 OMR
Izki2,300 OMR
Liwa2,200 OMR
Ibra2,100 OMR
Oman Smart Future City2,000 OMR
Bidbid1,900 OMR
Badiyah1,700 OMR

Salary Overview – Median, Max, Min Wage, Starting, and Ranges

In this informative section, we will delve into the percentage of individuals earning high and low salaries. Additionally, we will provide insights into starting, median, and maximum salary levels, offering a comprehensive understanding of income trends and their underlying factors.

  • Minimum Salary in Oman

As mentioned earlier, salary in Oman often depends on experience. The minimum and starting monthly salary in Oman is 558 OMR, with variations based on one’s experience level. Notably, 12% of Oman’s population earns a basic salary of 558 OMR per month, which includes most of the labor.

  • Average Salary in Oman

As previously discussed, salaries in Oman exhibit variations in line with experience. The median/average monthly salary in Oman stands at 1,803 OMR, with a quarter of the population, approximately 38%, earning this figure.

This median wage serves as a crucial benchmark for salary comparisons, considering the diverse experience levels within the workforce.

  • Maximum Salary in Oman

Continuing our exploration of salary dynamics in Oman, we turn to maximum earnings. The maximum monthly salary in Oman reaches 7,800 OMR including employees of some famous private companies and government officials.

Specifically, about 50% of the population falls within this range. Understanding this upper limit provides valuable insight into the earning potential of a significant portion of the workforce in Oman.

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Salary Comparison by Experience in Oman

Securing a competitive salary in any sector or organization hinges on valuable work experience, and Oman is no exception. In Oman’s employment landscape, individuals without prior experience typically receive the minimum wage. However, those with 1 to 5 years of experience enjoy an 7% pay increase, while those with 6 to 10 years see a 14% boost in earnings.

For professionals boasting 11 to 20 years of experience, the premium extends to 19%, and those with over 21 years of expertise are rewarded with a substantial 26% salary enhancement. This structured approach to compensation demonstrates Oman’s recognition of the significance of experience in determining wages.

Experience YearIncrease in income
0 Years Experiencelowest Income
1-5 years of experience7% Boosted
6-10 years of experience14% Boosted
11-20 years of experience19% Boosted
More than 21 years of experience26% Boosted

Salary Comparison by Education in Oman

In examining the correlation between education levels and income in Oman, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:

  • Illiterate Salary in Oman

This group typically receives the Lowest salary, with no significant income increase associated with education.

  • High School Graduates Salary in Oman

Those who completed high school outperform the illiterate population, enjoying a notable 17% salary increase.

  • Certificate or Diploma Holders Salary in Oman

Individuals with a certificate or diploma go a step further, securing a substantial 24% higher income compared to high school graduates.

  • Bachelor’s Degree Holders Salary in Oman

Pursuing a Bachelor’s Degree significantly enhances earning potential, as these professionals make 29% more than those with a certificate or diploma.

  • Ph.D. Holders Salary in Oman

While those with a Bachelor’s Degree experience impressive earnings, those who have earned a Ph.D. receive a noteworthy 21% boost in income compared to Bachelor’s Degree holders. This data underscores the substantial impact of education on income levels in Oman.

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Salary Comparison By Gender in Oman

Experience YearIncrease in income
Male2% more than Females
Female2% less than men

Men generally earn 2% more than women, which shows that Males earn more than Females. Conversely, Females earn 2% less than males in Oman. These disparities underscore ongoing challenges in achieving gender wage equality. Addressing these gaps is crucial for creating a fair and equitable work environment that values the contributions of both males and females, ensuring equal opportunities and rewards for all.

Salary Comparison By Professions in Oman

In Oman, a diverse array of professions flourish, each offering unique opportunities and salary structures. Understanding the monthly earnings associated with these occupations can be extremely helpful for individuals seeking employment or considering a career change in this dynamic and growing economy.

Below are some of the Oman professions and their salaries:

ProfessionSalary (by month in 2024)
Doctors6,500 OMR
Engineers5,530 OMR
IT Professionals2,400 OMR
Investment Bankers6,600 OMR
Pilots4,300 OMR
Management Consultants3,450 OMR
Lawyers4,270 OMR
Dentists5,100 OMR
Pharmacists2,100 OMR
Labor600 OMR
Accountant1,200 OMR
Architect6,430 OMR
Barber800 OMR
Chef570 OMR
Electrician900 OMR
Fashion Designer810 OMR
Financial Analyst9216 OMR
Firefighter1,300 OMR
Graphic Designer2,800 OMR
Human Resources Manager1,110 OMR
Journalist1,900 OMR
Judge8,500 OMR
Marketing Manager2,300 OMR
Nurse1,100 OMR
Occupational Therapist2,540 OMR
Painter2,000 OMR
Police Officer2,800 OMR
Real Estate Agent1,208 OMR
School Teacher4,476 OMR
Technical Writer3,160 OMR

Bonuses on Salary in Oman

Several types of bonuses are considered in employment:

  1. Individual Performance-Based Bonuses: Employees receive rewards based on their exceptional performance.
  2. Company Performance Bonuses: Some companies share excess earnings and profits with all staff as collective bonuses, varying by role.
  3. Goal-Based Bonuses: Given upon achieving significant goals or milestones.
  4. Holiday / End of Year Bonuses: These are appreciation tokens offered without specific reasons or occasions.

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FAQs

What is the average hourly, and minimum hourly wage in Oman?

The average hourly wage in Oman stands at 32.50 OMR, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 2.32 OMR, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Oman.

How much is the government vs private sector salary difference?

There exists an approximately 1% salary disparity between government and private sector employment in Oman. Government employees tend to enjoy a 1% salary advantage, accompanied by additional benefits such as housing and car allowances. This discrepancy reflects the variations in compensation packages and perks often extended to those in public service roles in Oman.

What is the cost of living in Oman in 2024?

In 2024, there are various costs of living in Oman some of which are mentioned below:

1)
Monthly rent for accommodation ranges from 200 OMR to 1,000 OMR.

2) Grocery expenses range from OMR 80 to OMR 800 for an individual or a family of four.

3) Meals cost between OMR 10 to OMR 100 + per person.

4) Transportation includes a monthly pass of 20 OMR-80 OMR and a taxi ride of 5-50 OMR.

5) Utilities can total OMR 30-90 per month, phone bills OMR 9-25, gym memberships OMR 3-15, and movie tickets OMR 3-18 per person.

Oman offers relatively cheap living, yet careful budgeting is advised, as individual circumstances can make a difference in costs.

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