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Coil Winder salary in Monaco

Average Yearly Salary of Coil Winder in Monaco is approximately 130,412 EUR (130,123 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 Coil Winder do?

occupation personasA coil winder is responsible for operating machinery to wind wire coils used in electrical equipment and devices. This occupation requires precision and attention to detail to ensure the correct number of turns, wire tension, and coil dimensions are achieved. Coil winders work with various types of wire, such as copper or aluminum, and use different winding techniques depending on the specific application. They may also be required to solder or connect wires, insulate the coils, and perform quality checks to ensure the coils meet specifications.

Skills: coil winder, wire coils, electrical equipment, precision, attention to detail, winding techniques
Job industry: Manufacturing


How much does Coil Winder make?

Salary details
How much does Coil Winder make?
Estimated Yearly Salary: 130,412 EUR
Estimated Monthly Salary: 10,868 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 125,753 EUR
Estimated Monthly Salary: 10,479 EUR
Estimated Weekly Salary: 2,418 EUR per week
Estimated Hourly Salary: 60 EUR per hour
Last revision of data: 2024-01-03



Coil Winder estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 130,123 USD
Estimated Monthly Salary: 10,844 USD
Estimated Weekly Salary: 2,502 USD per week
Estimated Hourly Salary: 63 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 Coil Winder job salary compared to average salary in Monaco.
Comparison shows that a person working as Coil Winder in Monaco earns on average:
0.77 times the average salary (or 77% of average salary).

Is Coil Winder a well paid job?

No, our data shows that Coil Winder is typically not a well-paid job. The salary varies based on experience. Meaning that even though Coil Winder might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Coil Winder?

High salary for Coil Winder would be somewhere between 143,453 EUR and 189,097 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Coil Winder 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: 130,412 EUR
Estimated Monthly Salary: 10,868 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
By working as Coil Winder a person can save up to 3,400 USD per month or 40,805 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 Coil Winder

France is 31,978 USDdown arrow 75%
Details on Coil Winder salary in France
Italy is 26,314 USDdown arrow 80%
Details on Coil Winder 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 presented here are intended for reference purposes solely. While we attempt to ensure correctness, we do not guarantee every estimate is flawless. Users are advised to confirm salary details with official authorities before making important financial choices. Salary ranges can fluctuate due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the salary data displayed.
optisalary.com compiles salary data for reference use only. While we endeavor to present correct figures, we do not ensure their absolute reliability. Users are strongly encouraged to check with additional sources before finalizing career-related decisions. Salary figures fluctuate based on several conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the provided information. Your use of this site indicates agreement of this disclaimer.