Electrical Design Engineer salary in Monaco

Average Yearly Salary of Electrical Design Engineer in Monaco is approximately 287,698 EUR (287,246 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 Electrical Design Engineer do?

An electrical design engineer is a professional responsible for designing and developing electrical systems and components. They work in various industries, including manufacturing, construction, and telecommunications. The occupation involves creating detailed electrical designs, performing calculations and simulations, and selecting appropriate materials and equipment. Electrical design engineers also collaborate with other professionals, such as architects and project managers, to ensure the successful implementation of electrical systems. Their key responsibilities include creating electrical schematics, layouts, and diagrams, conducting feasibility studies, and ensuring compliance with safety regulations and industry standards. They may also be involved in troubleshooting electrical issues, providing technical support, and overseeing the installation and testing of electrical systems.

Skills: electrical design, engineering, electrical systems, electrical components, electrical schematics, electrical safety
Job industry: Engineering

How much does Electrical Design Engineer make?

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


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Salary comparison to National average

Is Electrical Design Engineer a well paid job?

Yes, our data shows that Electrical Design Engineer 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 Electrical Design Engineer?

High salary for Electrical Design Engineer would be somewhere between 316,468 EUR and 417,162 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Electrical Design Engineer 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: 287,698 EUR
Estimated Monthly Salary: 23,975 EUR
Estimated Weekly Salary: 5,533 EUR per week
Estimated Hourly Salary: 138 EUR per hour
By working as Electrical Design Engineer a person can save up to 16,494 USD per month or 197,928 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 Electrical Design Engineer

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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