It Buyer salary in Monaco

Average Yearly Salary of It Buyer in Monaco is approximately 188,764 EUR (189,100 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 It Buyer do?

An IT buyer is responsible for procuring and purchasing technology products and services for an organization. They work closely with vendors and suppliers to negotiate pricing, terms, and conditions to ensure the best value for the company. The IT buyer also evaluates and selects products based on the organization's needs, budget, and technological requirements. They stay updated on the latest trends and advancements in the IT industry to make informed decisions. Additionally, IT buyers manage inventory, track orders, and ensure timely delivery of goods and services. They collaborate with various departments within the organization, such as IT, finance, and operations, to understand their technology needs and align procurement strategies accordingly. Strong communication, negotiation, and analytical skills are essential for this role.

Skills: IT procurement, Technology purchasing, Vendor management, Negotiation skills, Inventory management, Strategic sourcing
Job industry: Technology

How much does It Buyer make?

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


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Salary comparison to National average

Is It Buyer a well paid job?

Yes, our data show that It 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 It Buyer?

High salary for It Buyer would be somewhere between 207,640 EUR and 273,708 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as It 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: 188,764 EUR
Estimated Monthly Salary: 15,730 EUR
Estimated Weekly Salary: 3,630 EUR per week
Estimated Hourly Salary: 91 EUR per hour
By working as It Buyer a person can save up to 8,315 USD per month or 99,782 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 It 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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