Economic Development Assistant salary in Monaco

Average Yearly Salary of Economic Development Assistant in Monaco is approximately 215,612 EUR (216,323 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 Economic Development Assistant do?

An economic development assistant is responsible for providing support to the economic development team in implementing strategies and initiatives to promote economic growth and development within a community or organization. They assist in conducting research and analysis on economic trends, identifying business opportunities, and developing marketing materials. The assistant helps in organizing events, workshops, and meetings to facilitate networking and collaboration among stakeholders. They also assist in preparing reports, proposals, and grant applications, as well as maintaining databases and tracking project progress. Strong communication, research, and organizational skills are essential for this role, as well as the ability to work collaboratively with various stakeholders such as government agencies, businesses, and community organizations.

Skills: Economic development, Research and analysis, Marketing support, Event coordination, Proposal writing, Stakeholder engagement.
Job industry: Government

How much does Economic Development Assistant make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Economic Development Assistant a well paid job?

Yes, our data shows that Economic Development Assistant 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 Economic Development Assistant?

High salary for Economic Development Assistant would be somewhere between 237,173 EUR and 312,637 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Development Assistant 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: 215,612 EUR
Estimated Monthly Salary: 17,968 EUR
Estimated Weekly Salary: 4,146 EUR per week
Estimated Hourly Salary: 104 EUR per hour
By working as Economic Development Assistant a person can save up to 10,584 USD per month or 127,005 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 Economic Development Assistant

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 +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +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

Data as of 2025

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