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Machine Maintenance Technician salary in Monaco

Average Yearly Salary of Machine Maintenance Technician in Monaco is approximately 153,722 EUR (152,922 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 Maintenance Technician do?

occupation personasA machine maintenance technician is responsible for ensuring the proper functioning and upkeep of machinery and equipment in various industries. Their primary role is to inspect, troubleshoot, repair, and maintain machines to minimize downtime and maximize productivity. They perform routine maintenance tasks such as cleaning, lubricating, and replacing parts, as well as diagnosing and fixing mechanical or electrical issues. Additionally, they may be involved in installing new equipment, conducting tests, and documenting maintenance activities. Machine maintenance technicians must have a strong understanding of mechanical and electrical systems, as well as knowledge of safety protocols and regulations. They should possess excellent problem-solving skills, attention to detail, and the ability to work independently or as part of a team.

Skills: machine maintenance, technician, equipment maintenance, troubleshooting, repair, machinery
Job industry: Manufacturing


How much does Machine Maintenance Technician make?

Salary details
How much does Machine Maintenance Technician make?
Estimated Yearly Salary: 153,722 EUR
Estimated Monthly Salary: 12,810 EUR
Estimated Weekly Salary: 2,956 EUR per week
Estimated Hourly Salary: 74 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 148,064 EUR
Estimated Monthly Salary: 12,339 EUR
Estimated Weekly Salary: 2,847 EUR per week
Estimated Hourly Salary: 71 EUR per hour
Last revision of data: 2024-01-05



Machine Maintenance Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 152,922 USD
Estimated Monthly Salary: 12,744 USD
Estimated Weekly Salary: 2,941 USD per week
Estimated Hourly Salary: 74 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 Machine Maintenance Technician job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Maintenance Technician in Monaco earns on average:
0.9 times the average salary (or 90% of average salary).

Is Machine Maintenance Technician a well paid job?

Yes, our data show that Machine Maintenance Technician 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 Machine Maintenance Technician?

High salary for Machine Maintenance Technician would be somewhere between 169,094 EUR and 222,897 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machine Maintenance Technician 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: 153,722 EUR
Estimated Monthly Salary: 12,810 EUR
Estimated Weekly Salary: 2,956 EUR per week
Estimated Hourly Salary: 74 EUR per hour
By working as Machine Maintenance Technician a person can save up to 5,300 USD per month or 63,604 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 Maintenance Technician

France is 37,901 USDdown arrow 75%
Details on Machine Maintenance Technician salary in France
Italy is 31,163 USDdown arrow 80%
Details on Machine Maintenance Technician 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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