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Lead Instrument Engineer salary in Monaco

Average Yearly Salary of Lead Instrument Engineer in Monaco is approximately 546,916 EUR (546,667 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 Lead Instrument Engineer do?

occupation personasThe occupation of a lead instrument engineer involves overseeing the design, development, and implementation of instrumentation systems in various industries. They are responsible for leading a team of engineers and technicians, ensuring the successful execution of projects, and maintaining compliance with industry standards and regulations. The lead instrument engineer conducts feasibility studies, creates technical specifications, and collaborates with other departments to ensure seamless integration of instrumentation systems. They also perform risk assessments, troubleshoot issues, and provide technical support during installation and commissioning phases. Additionally, they may be involved in the selection and procurement of equipment, as well as training and mentoring junior engineers.

Skills: lead instrument engineer, instrumentation systems, project management, technical specifications, compliance, troubleshooting
Job industry: Oil and gas


How much does Lead Instrument Engineer make?

Salary details
How much does Lead Instrument Engineer make?
Estimated Yearly Salary: 546,916 EUR
Estimated Monthly Salary: 45,576 EUR
Estimated Weekly Salary: 10,518 EUR per week
Estimated Hourly Salary: 263 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 527,351 EUR
Estimated Monthly Salary: 43,946 EUR
Estimated Weekly Salary: 10,141 EUR per week
Estimated Hourly Salary: 254 EUR per hour
Last revision of data: 2024-01-09



Lead Instrument Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 546,667 USD
Estimated Monthly Salary: 45,556 USD
Estimated Weekly Salary: 10,513 USD per week
Estimated Hourly Salary: 263 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 Lead Instrument Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Lead Instrument Engineer in Monaco earns on average:
3.21 times the average salary (or 321% of average salary).

Is Lead Instrument Engineer a well paid job?

Yes, our data show that Lead Instrument Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Lead Instrument Engineer?

High salary for Lead Instrument Engineer would be somewhere between 601,608 EUR and 793,028 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lead Instrument 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: 546,916 EUR
Estimated Monthly Salary: 45,576 EUR
Estimated Weekly Salary: 10,518 EUR per week
Estimated Hourly Salary: 263 EUR per hour
By working as Lead Instrument Engineer a person can save up to 38,112 USD per month or 457,349 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 Lead Instrument Engineer

France is 134,112 USDdown arrow 75%
Details on Lead Instrument Engineer salary in France
Italy is 110,958 USDdown arrow 80%
Details on Lead Instrument 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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