Mining And Geological Engineer salary in Monaco

Average Yearly Salary of Mining And Geological Engineer in Monaco is approximately 362,607 EUR (363,436 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 Mining And Geological Engineer do?

A mining and geological engineer is responsible for evaluating and designing mining operations, as well as assessing the geological conditions of potential mining sites. They work closely with geologists and other professionals to develop plans for extracting minerals and metals from the earth while minimizing environmental impact. These engineers use their expertise in geology, engineering principles, and computer-aided design software to determine the most efficient and safe methods for extracting resources. They conduct site surveys, analyze data, and create detailed reports outlining the feasibility and profitability of mining projects. They also oversee the construction and operation of mines, ensuring compliance with safety regulations and environmental standards. Additionally, they may be involved in the reclamation process, restoring the land after mining activities have ceased.

Skills: Mining engineer, Geological engineer, Resource extraction, Environmental impact, Geology, Mining operations
Job industry: Mining

How much does Mining And Geological 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 Mining And Geological Engineer a well paid job?

Yes, our data show that Mining And Geological Engineer 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 Mining And Geological Engineer?

High salary for Mining And Geological Engineer would be somewhere between 398,868 EUR and 525,780 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mining And Geological 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: 362,607 EUR
Estimated Monthly Salary: 30,217 EUR
Estimated Weekly Salary: 6,973 EUR per week
Estimated Hourly Salary: 174 EUR per hour
By working as Mining And Geological Engineer a person can save up to 22,843 USD per month or 274,118 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 Mining And Geological 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.

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Data as of 2025

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