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Electrical Estimator salary in Monaco

Average Yearly Salary of Electrical Estimator in Monaco is approximately 245,860 EUR (246,120 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 Estimator do?

occupation personasAn electrical estimator is responsible for estimating the cost and time required for electrical projects. They analyze project specifications, blueprints, and other relevant documents to determine the materials, labor, and equipment needed. Electrical estimators also consider factors such as permits, regulations, and safety requirements while preparing accurate cost estimates. They collaborate with project managers, suppliers, and subcontractors to gather necessary information and negotiate pricing. Additionally, they may attend site visits to assess the project scope and identify any potential challenges or risks. This occupation requires strong analytical skills, attention to detail, and knowledge of electrical systems and construction practices.

Skills: electrical estimator, cost estimation, project management, electrical engineering, construction industry, analytical skills
Job industry: Construction


How much does Electrical Estimator make?

Salary details
How much does Electrical Estimator make?
Estimated Yearly Salary: 245,860 EUR
Estimated Monthly Salary: 20,488 EUR
Estimated Weekly Salary: 4,728 EUR per week
Estimated Hourly Salary: 118 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 237,308 EUR
Estimated Monthly Salary: 19,776 EUR
Estimated Weekly Salary: 4,564 EUR per week
Estimated Hourly Salary: 114 EUR per hour
Last revision of data: 2024-01-03



Electrical Estimator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 246,120 USD
Estimated Monthly Salary: 20,510 USD
Estimated Weekly Salary: 4,733 USD per week
Estimated Hourly Salary: 118 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 Electrical Estimator job salary compared to average salary in Monaco.
Comparison shows that a person working as Electrical Estimator in Monaco earns on average:
1.44 times the average salary (or 144% of average salary).

Is Electrical Estimator a well paid job?

Yes, our data shows that Electrical Estimator 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 Estimator?

High salary for Electrical Estimator would be somewhere between 270,446 EUR and 356,497 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Electrical Estimator 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: 245,860 EUR
Estimated Monthly Salary: 20,488 EUR
Estimated Weekly Salary: 4,728 EUR per week
Estimated Hourly Salary: 118 EUR per hour
By working as Electrical Estimator a person can save up to 13,067 USD per month or 156,802 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 Estimator

France is 60,364 USDdown arrow 75%
Details on Electrical Estimator salary in France
Italy is 49,757 USDdown arrow 80%
Details on Electrical Estimator 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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