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Applications Engineer Electrical salary in Monaco

Average Yearly Salary of Applications Engineer Electrical in Monaco is approximately 264,774 EUR (263,954 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Applications Engineer Electrical do?

occupation personasAn Applications Engineer in the field of electrical engineering is responsible for designing and implementing electrical systems and solutions for various applications. They work closely with customers to understand their requirements and provide technical support throughout the project lifecycle. Applications Engineers conduct feasibility studies, create system designs, and develop prototypes. They also troubleshoot and resolve any issues that arise during the testing or implementation phase. Additionally, they may be involved in training customers on how to use and maintain the electrical systems.

Skills: Electrical Engineering, Applications Engineer, Technical Support, System Design, Prototyping, Troubleshooting
Job industry: Electrical engineering


How much does Applications Engineer Electrical make?

Salary details
How much does Applications Engineer Electrical make?
Estimated Yearly Salary: 264,774 EUR
Estimated Monthly Salary: 22,065 EUR
Estimated Weekly Salary: 5,092 EUR per week
Estimated Hourly Salary: 127 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 255,562 EUR
Estimated Monthly Salary: 21,297 EUR
Estimated Weekly Salary: 4,915 EUR per week
Estimated Hourly Salary: 123 EUR per hour
Last revision of data: 2024-01-08



Applications Engineer Electrical estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 263,954 USD
Estimated Monthly Salary: 21,996 USD
Estimated Weekly Salary: 5,076 USD per week
Estimated Hourly Salary: 127 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Applications Engineer Electrical job salary compared to average salary in Monaco.
Comparison shows that a person working as Applications Engineer Electrical in Monaco earns on average:
1.55 times the average salary (or 155% of average salary).

Is Applications Engineer Electrical a well paid job?

Yes, our data shows that Applications Engineer Electrical is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Applications Engineer Electrical?

High salary for Applications Engineer Electrical would be somewhere between 291,251 EUR and 383,922 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Applications Engineer Electrical in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 264,774 EUR
Estimated Monthly Salary: 22,065 EUR
Estimated Weekly Salary: 5,092 EUR per week
Estimated Hourly Salary: 127 EUR per hour
By working as Applications Engineer Electrical a person can save up to 14,553 USD per month or 174,636 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Applications Engineer Electrical

France is 65,259 USDdown arrow 75%
Details on Applications Engineer Electrical salary in France
Italy is 53,652 USDdown arrow 80%
Details on Applications Engineer Electrical salary in Italy
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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The salary figures on this website are meant for reference purposes only. We collect salary data from multiple providers, but cannot guarantee complete precision. Users must independently confirm salaries before making financial commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the validity of the listed salary data. By accessing this site, you agree that salary data is not definitive.