People working on Island must earn £9.76 an hour, to cover the cost of living here.
That's according to the latest Isle of Man Living Wage report, which was published this morning.
Previous figures, which were released in 2017 set the rate at £8.61.
However, changes to the costs of goods and services for those with children are being named as the reason for the increase.
The living wage is a voluntary, unlike the minimum wage of £7.85 an hour.
The full report can be found on the Government's website.
How will Island remain attractive during MONEYVAL assessment?
Do you know a company director who deserves an award?
Festive social event for young professionals this week
Fewer businesses now optimistic about future
Financial regulator recruiting for board members
Businesses needed for seaside kiosk
Businesses who wouldn't recommend IOM almost triples in 8 years
M&S officially opens new-look Douglas food hall
