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Machine Tool Set Up salary in Monaco

Average Yearly Salary of Machine Tool Set Up in Monaco is approximately 144,755 EUR (144,970 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 Tool Set Up do?

occupation personasThe occupation of machine tool setup involves the preparation and adjustment of machines used in manufacturing processes. Machine tool setup technicians are responsible for installing, calibrating, and configuring various types of machine tools such as lathes, milling machines, and grinders. They ensure that the machines are properly aligned, leveled, and equipped with the necessary tools and materials for production. Additionally, they may perform routine maintenance tasks, troubleshoot issues, and make necessary repairs to keep the machines running smoothly.

Skills: machine tool setup, manufacturing, machine tools, technician, calibration, maintenance
Job industry: Manufacturing


How much does Machine Tool Set Up make?

Salary details
How much does Machine Tool Set Up make?
Estimated Yearly Salary: 144,755 EUR
Estimated Monthly Salary: 12,063 EUR
Estimated Weekly Salary: 2,784 EUR per week
Estimated Hourly Salary: 70 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 139,951 EUR
Estimated Monthly Salary: 11,663 EUR
Estimated Weekly Salary: 2,691 EUR per week
Estimated Hourly Salary: 67 EUR per hour
Last revision of data: 2024-01-07



Machine Tool Set Up estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 144,970 USD
Estimated Monthly Salary: 12,081 USD
Estimated Weekly Salary: 2,788 USD per week
Estimated Hourly Salary: 70 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Tool Set Up job salary compared to average salary in Monaco.
Comparison shows that a person working as Machine Tool Set Up in Monaco earns on average:
0.85 times the average salary (or 85% of average salary).

Is Machine Tool Set Up a well paid job?

Yes, our data show that Machine Tool Set Up 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 Tool Set Up?

High salary for Machine Tool Set Up would be somewhere between 159,231 EUR and 209,895 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machine Tool Set Up 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: 144,755 EUR
Estimated Monthly Salary: 12,063 EUR
Estimated Weekly Salary: 2,784 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Machine Tool Set Up a person can save up to 4,638 USD per month or 55,652 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 Tool Set Up

France is 35,570 USDdown arrow 75%
Details on Machine Tool Set Up salary in France
Italy is 29,295 USDdown arrow 80%
Details on Machine Tool Set Up 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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This website presents salary insights for educational purposes exclusively. While we gather data from multiple sources, we cannot guarantee absolute reliability. Users are encouraged to consult trusted organizations before making any career decisions. Salaries shift due to numerous elements, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the validity of the displayed salary data. Your continued access of this site indicates your understanding of these conditions.