Home > Salary > Monaco > Machine Learning Engineer
A machine learning engineer is a professional responsible for designing, developing, and implementing machine learning algorithms and models to solve complex problems. They work with large datasets, analyzing and extracting valuable insights to improve the performance of AI systems. Machine learning engineers collaborate with data scientists and software engineers to develop scalable and efficient solutions that can be integrated into various applications and platforms.
Their job involves researching and experimenting with different machine learning techniques, such as deep learning, reinforcement learning, and natural language processing. They are proficient in programming languages like Python and have expertise in frameworks and libraries such as TensorFlow and PyTorch. Machine learning engineers are also skilled in data preprocessing, feature engineering, and model evaluation.
Estimated Yearly Salary: 417,235 EUR
Estimated Monthly Salary: 34,770 EUR
Estimated Weekly Salary: 8,024 EUR per week
Estimated Hourly Salary: 201 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 33,467 EUR
Estimated Weekly Salary: 7,723 EUR per week
Estimated Hourly Salary: 193 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 415,998 USD
Estimated Monthly Salary: 34,667 USD
Estimated Weekly Salary: 8,000 USD per week
Estimated Hourly Salary: 200 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 417,235 EUR
Estimated Monthly Salary: 34,770 EUR
Estimated Weekly Salary: 8,024 EUR per week
Estimated Hourly Salary: 201 EUR per hour
By working as Machine Learning Engineer a person can save up to 27,223 USD per month or 326,680 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.
Estimated Yearly Salary for Machine Learning Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Machine Learning Engineer salary in Monaco
Average Yearly Salary of Machine Learning Engineer in Monaco is approximately 417,235 EUR (415,998 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 Machine Learning Engineer do?
A machine learning engineer is a professional responsible for designing, developing, and implementing machine learning algorithms and models to solve complex problems. They work with large datasets, analyzing and extracting valuable insights to improve the performance of AI systems. Machine learning engineers collaborate with data scientists and software engineers to develop scalable and efficient solutions that can be integrated into various applications and platforms.
Their job involves researching and experimenting with different machine learning techniques, such as deep learning, reinforcement learning, and natural language processing. They are proficient in programming languages like Python and have expertise in frameworks and libraries such as TensorFlow and PyTorch. Machine learning engineers are also skilled in data preprocessing, feature engineering, and model evaluation.
Skills: Machine Learning Engineer, AI Developer, Data Scientist, Deep Learning Expert, Algorithm Developer, Artificial Intelligence Engineer
Job industry: Technology
Job industry: Technology
How much does Machine Learning Engineer make?
Salary details
How much does Machine Learning Engineer make?Estimated Yearly Salary: 417,235 EUR
Estimated Monthly Salary: 34,770 EUR
Estimated Weekly Salary: 8,024 EUR per week
Estimated Hourly Salary: 201 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 401,598 EUREstimated Monthly Salary: 33,467 EUR
Estimated Weekly Salary: 7,723 EUR per week
Estimated Hourly Salary: 193 EUR per hour
Last revision of data: 2024-01-03Machine Learning Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 415,998 USD
Estimated Monthly Salary: 34,667 USD
Estimated Weekly Salary: 8,000 USD per week
Estimated Hourly Salary: 200 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Machine Learning Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Learning Engineer in Monaco earns on average:
2.45 times the average salary (or 245% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Machine Learning Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Learning Engineer in Monaco earns on average:
2.45 times the average salary (or 245% of average salary).
Is Machine Learning Engineer a well paid job?
Yes, our data show that Machine Learning 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 Machine Learning Engineer?
High salary for Machine Learning Engineer would be somewhere between 458,959 EUR and 604,991 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Machine Learning 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: 417,235 EUR
Estimated Monthly Salary: 34,770 EUR
Estimated Weekly Salary: 8,024 EUR per week
Estimated Hourly Salary: 201 EUR per hour
By working as Machine Learning Engineer a person can save up to 27,223 USD per month or 326,680 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 Machine Learning Engineer
France is 102,634 USD
Italy is 84,536 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Central supply assistant (98,778 EUR per year, pre-tax.)
Office accountant (164,290 EUR per year, pre-tax.)
Fraud investigator (237,334 EUR per year, pre-tax.)
Pre-kindergarten teacher (86,863 EUR per year, pre-tax.)
Orthopedic shoemaker (249,477 EUR per year, pre-tax.)
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