Hospital Pharmacy Buyer salary in Monaco

Average Yearly Salary of Hospital Pharmacy Buyer in Monaco is approximately 153,397 EUR (153,271 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 Hospital Pharmacy Buyer do?

A hospital pharmacy buyer is responsible for procuring medications and pharmaceutical supplies for a hospital or healthcare facility. They work closely with pharmacists, physicians, and other healthcare professionals to ensure the availability of necessary medications, while also maintaining cost-effectiveness and quality control. The role involves researching and evaluating potential suppliers, negotiating contracts, and managing inventory levels to prevent shortages or overstocking. Hospital pharmacy buyers must stay updated on industry trends, regulatory requirements, and medication shortages to make informed purchasing decisions. They also collaborate with pharmacy staff to identify opportunities for cost savings and process improvements. Attention to detail, strong analytical skills, and the ability to work under pressure are essential for success in this occupation.

Skills: hospital pharmacy, medication procurement, pharmaceutical supplies, inventory management, cost-effectiveness, quality control
Job industry: Healthcare

How much does Hospital Pharmacy Buyer make?

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


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Salary comparison to National average

Is Hospital Pharmacy Buyer a well paid job?

Yes, our data show that Hospital Pharmacy Buyer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Hospital Pharmacy Buyer?

High salary for Hospital Pharmacy Buyer would be somewhere between 168,737 EUR and 222,426 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hospital Pharmacy Buyer 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: 153,397 EUR
Estimated Monthly Salary: 12,783 EUR
Estimated Weekly Salary: 2,950 EUR per week
Estimated Hourly Salary: 74 EUR per hour
By working as Hospital Pharmacy Buyer a person can save up to 5,329 USD per month or 63,953 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 Hospital Pharmacy Buyer

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.

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Data as of 2025

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