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Marine Engineer salary in Monaco

Average Yearly Salary of Marine Engineer in Monaco is approximately 293,707 EUR (294,665 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 Marine Engineer do?

occupation personasA marine engineer is a professional responsible for designing, building, and maintaining various types of marine vessels and structures. They combine their knowledge of engineering principles with specialized knowledge of marine systems and equipment to ensure the safe and efficient operation of ships, submarines, oil rigs, and offshore platforms. Marine engineers may work on new construction projects, conducting feasibility studies, creating design specifications, and overseeing the construction process. They are also involved in the maintenance and repair of existing marine structures, ensuring compliance with safety regulations and environmental standards. Additionally, marine engineers may be involved in research and development, exploring innovative technologies and solutions to improve marine transportation and energy production.

Skills: Marine engineer, Shipbuilding, Marine systems, Vessel maintenance, Offshore engineering, Marine technology
Job industry: Maritime


How much does Marine Engineer make?

Salary details
How much does Marine Engineer make?
Estimated Yearly Salary: 293,707 EUR
Estimated Monthly Salary: 24,476 EUR
Estimated Weekly Salary: 5,648 EUR per week
Estimated Hourly Salary: 141 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 283,958 EUR
Estimated Monthly Salary: 23,663 EUR
Estimated Weekly Salary: 5,461 EUR per week
Estimated Hourly Salary: 137 EUR per hour
Last revision of data: 2024-01-09



Marine Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 294,665 USD
Estimated Monthly Salary: 24,555 USD
Estimated Weekly Salary: 5,667 USD per week
Estimated Hourly Salary: 142 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 Marine Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Marine Engineer in Monaco earns on average:
1.72 times the average salary (or 172% of average salary).

Is Marine Engineer a well paid job?

Yes, our data shows that Marine 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 Marine Engineer?

High salary for Marine Engineer would be somewhere between 323,078 EUR and 425,875 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Marine 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: 293,707 EUR
Estimated Monthly Salary: 24,476 EUR
Estimated Weekly Salary: 5,648 EUR per week
Estimated Hourly Salary: 141 EUR per hour
By working as Marine Engineer a person can save up to 17,112 USD per month or 205,347 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 Marine Engineer

France is 72,348 USDdown arrow 75%
Details on Marine Engineer salary in France
Italy is 59,705 USDdown arrow 80%
Details on Marine Engineer 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 data for informational use only.
Salary details displayed on this website are intended for informational use exclusively. Our data comes from multiple inputs and may not always be up to date. Users must verify salary information through other means before making financial decisions. The figures listed here may change due to variables such as location, industry standards, and individual skill sets. We do not guarantee that the information provided is error-free. By using this website, you accept that salary information is offered 'as is' and without warranties.
The salary data presented here are meant for informational purposes only. While we attempt to ensure accuracy, we cannot guarantee all figures is precise. Users should to confirm salary details with independent authorities before making critical career choices. Salary amounts can fluctuate due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.