Home > Salary > Monaco > Machine Learning Specialist
A machine learning specialist is a professional who specializes in creating and implementing algorithms and models to enable machines to learn from data and make intelligent decisions or predictions. They work on developing and designing machine learning systems, collecting and preprocessing data, selecting appropriate models, training and fine-tuning models, and evaluating their performance.
The role of a machine learning specialist requires a deep understanding of statistics, mathematics, and programming languages like Python or R. They should have expertise in various machine learning techniques such as supervised and unsupervised learning, reinforcement learning, and deep learning. Additionally, they need to be proficient in using machine learning frameworks and libraries such as TensorFlow, PyTorch, or scikit-learn.
Estimated Yearly Salary: 358,147 EUR
Estimated Monthly Salary: 29,846 EUR
Estimated Weekly Salary: 6,887 EUR per week
Estimated Hourly Salary: 172 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,903 EUR
Estimated Weekly Salary: 6,670 EUR per week
Estimated Hourly Salary: 167 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 359,200 USD
Estimated Monthly Salary: 29,933 USD
Estimated Weekly Salary: 6,908 USD per week
Estimated Hourly Salary: 173 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 358,147 EUR
Estimated Monthly Salary: 29,846 EUR
Estimated Weekly Salary: 6,887 EUR per week
Estimated Hourly Salary: 172 EUR per hour
By working as Machine Learning Specialist a person can save up to 22,490 USD per month or 269,882 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 Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Machine Learning Specialist salary in Monaco
Average Yearly Salary of Machine Learning Specialist in Monaco is approximately 358,147 EUR (359,200 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 Specialist do?
A machine learning specialist is a professional who specializes in creating and implementing algorithms and models to enable machines to learn from data and make intelligent decisions or predictions. They work on developing and designing machine learning systems, collecting and preprocessing data, selecting appropriate models, training and fine-tuning models, and evaluating their performance.
The role of a machine learning specialist requires a deep understanding of statistics, mathematics, and programming languages like Python or R. They should have expertise in various machine learning techniques such as supervised and unsupervised learning, reinforcement learning, and deep learning. Additionally, they need to be proficient in using machine learning frameworks and libraries such as TensorFlow, PyTorch, or scikit-learn.
Skills: Machine Learning Specialist, Data Science, Artificial Intelligence, Algorithm Development, Data Analysis, Model Training
Job industry: Technology
Job industry: Technology
How much does Machine Learning Specialist make?
Salary details
How much does Machine Learning Specialist make?Estimated Yearly Salary: 358,147 EUR
Estimated Monthly Salary: 29,846 EUR
Estimated Weekly Salary: 6,887 EUR per week
Estimated Hourly Salary: 172 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 346,835 EUREstimated Monthly Salary: 28,903 EUR
Estimated Weekly Salary: 6,670 EUR per week
Estimated Hourly Salary: 167 EUR per hour
Last revision of data: 2024-01-05Machine Learning Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 359,200 USD
Estimated Monthly Salary: 29,933 USD
Estimated Weekly Salary: 6,908 USD per week
Estimated Hourly Salary: 173 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Learning Specialist in Monaco earns on average:
2.1 times the average salary (or 210% 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 Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Learning Specialist in Monaco earns on average:
2.1 times the average salary (or 210% of average salary).
Is Machine Learning Specialist a well paid job?
Yes, our data show that Machine Learning Specialist 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 Specialist?
High salary for Machine Learning Specialist would be somewhere between 393,962 EUR and 519,313 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Machine Learning Specialist 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: 358,147 EUR
Estimated Monthly Salary: 29,846 EUR
Estimated Weekly Salary: 6,887 EUR per week
Estimated Hourly Salary: 172 EUR per hour
By working as Machine Learning Specialist a person can save up to 22,490 USD per month or 269,882 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 Specialist
France is 88,735 USD
Italy is 72,762 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
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Data as of 2025Random salary:
Senior search engine optimization (seo), manager (237,780 EUR per year, pre-tax.)
Junior systems administrator (166,383 EUR per year, pre-tax.)
Admissions counselor (collegeuniversity) (109,860 EUR per year, pre-tax.)
Naturopath (118,890 EUR per year, pre-tax.)
Director of dining services (190,758 EUR per year, pre-tax.)
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