Machinist Engineer salary in Monaco

Average Yearly Salary of Machinist Engineer in Monaco is approximately 267,677 EUR (268,366 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 Machinist Engineer do?

A machinist engineer is a professional who combines the skills of a machinist and an engineer to design, develop, and operate machinery and tools used in manufacturing processes. They are responsible for interpreting blueprints and specifications to create precise and accurate machine parts. Machinist engineers use computer-aided design (CAD) software to model and analyze designs before starting the machining process. They also set up and operate various machines, such as lathes, milling machines, and grinders, to shape and finish metal and plastic components. Additionally, they perform maintenance and repair tasks on machinery to ensure optimal performance.

Skills: Machinist Engineer, Manufacturing, Machining, Engineering, CAD, Precision
Job industry: Manufacturing

How much does Machinist Engineer make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Machinist Engineer a well paid job?

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

What is considered a high salary for Machinist Engineer?

High salary for Machinist Engineer would be somewhere between 294,445 EUR and 388,132 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machinist 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: 267,677 EUR
Estimated Monthly Salary: 22,306 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Machinist Engineer a person can save up to 14,921 USD per month or 179,048 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 Machinist Engineer

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 +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 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

Data as of 2025

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