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Engineer salary in Monaco

Average Yearly Salary of Engineer in Monaco is approximately 341,125 EUR (341,149 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 Engineer do?

occupation personasAn engineer is a professional who applies scientific and mathematical principles to design, develop, and improve structures, systems, machines, and processes. They use their technical expertise to solve complex problems and create innovative solutions in various fields such as civil, mechanical, electrical, chemical, aerospace, and computer engineering. Engineers play a crucial role in society by designing infrastructure, developing new technologies, ensuring safety standards, and optimizing efficiency.

Skills: Engineer, Engineering, Design, Innovation, Problem-solving, Technical expertise
Job industry: Engineering


How much does Engineer make?

Salary details
How much does Engineer make?
Estimated Yearly Salary: 341,125 EUR
Estimated Monthly Salary: 28,427 EUR
Estimated Weekly Salary: 6,560 EUR per week
Estimated Hourly Salary: 164 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 328,580 EUR
Estimated Monthly Salary: 27,382 EUR
Estimated Weekly Salary: 6,319 EUR per week
Estimated Hourly Salary: 158 EUR per hour
Last revision of data: 2024-01-06



Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 341,149 USD
Estimated Monthly Salary: 28,429 USD
Estimated Weekly Salary: 6,561 USD per week
Estimated Hourly Salary: 164 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 Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Engineer in Monaco earns on average:
2 times the average salary (or 200% of average salary).

Is Engineer a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Engineer?

High salary for Engineer would be somewhere between 375,238 EUR and 494,631 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as 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: 341,125 EUR
Estimated Monthly Salary: 28,427 EUR
Estimated Weekly Salary: 6,560 EUR per week
Estimated Hourly Salary: 164 EUR per hour
By working as Engineer a person can save up to 20,986 USD per month or 251,831 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 Engineer

France is 84,022 USDdown arrow 75%
Details on Engineer salary in France
Italy is 68,666 USDdown arrow 80%
Details on Engineer 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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Frequently searched careers by keyword and country
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The salary figures presented here are meant for reference purposes solely.
Salary information displayed on this site is informational only. Our figures come from various inputs, but we do not guarantee absolute correctness. Users should always double-check salary details with official resources before making job-related commitments. Salaries differ due to individual experience, market demand, and employer policies. We make no assurances about the completeness of the provided salary data. By continuing to use this site, you acknowledge these limitations.
Salary details displayed on optisalary.com are meant for informational purposes only. Our data is sourced through multiple inputs and may not always be accurate. Users should verify salary information through other means before making employment decisions. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot guarantee that the data displayed is error-free. By using optisalary.com, you agree that salary information is offered 'as is' and without warranties.