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Musician salary in Monaco

Average Yearly Salary of Musician in Monaco is approximately 218,221 EUR (217,505 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 Musician do?

occupation personasA musician is an individual who professionally engages in creating, performing, and interpreting music. Musicians can specialize in various genres such as classical, jazz, rock, pop, folk, or electronic music. They may play one or multiple instruments, sing, compose, arrange, conduct, and/or produce music. Musicians typically spend hours practicing their craft to develop technical skills, musicality, and performance abilities. They may perform solo or collaborate with other musicians in bands, ensembles, orchestras, or choirs. Additionally, musicians may also work in recording studios, teach music lessons, write music for films or commercials, or work as session musicians for other artists. The occupation of a musician requires creativity, dedication, discipline, and a deep understanding of music theory and techniques.

Skills: Musician, Performer, Composer, Instrumentalist, Singer, Recording Artist
Job industry: Entertainment


How much does Musician make?

Salary details
How much does Musician make?
Estimated Yearly Salary: 218,221 EUR
Estimated Monthly Salary: 18,185 EUR
Estimated Weekly Salary: 4,197 EUR per week
Estimated Hourly Salary: 105 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 210,940 EUR
Estimated Monthly Salary: 17,578 EUR
Estimated Weekly Salary: 4,057 EUR per week
Estimated Hourly Salary: 101 EUR per hour
Last revision of data: 2024-01-03



Musician estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 217,505 USD
Estimated Monthly Salary: 18,125 USD
Estimated Weekly Salary: 4,183 USD per week
Estimated Hourly Salary: 105 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 Musician job salary compared to average salary in Monaco.
Comparison shows that a person working as Musician in Monaco earns on average:
1.28 times the average salary (or 128% of average salary).

Is Musician a well paid job?

Yes, our data shows that Musician 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 Musician?

High salary for Musician would be somewhere between 240,043 EUR and 316,420 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Musician 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: 218,221 EUR
Estimated Monthly Salary: 18,185 EUR
Estimated Weekly Salary: 4,197 EUR per week
Estimated Hourly Salary: 105 EUR per hour
By working as Musician a person can save up to 10,682 USD per month or 128,187 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 Musician

France is 53,734 USDdown arrow 75%
Details on Musician salary in France
Italy is 44,144 USDdown arrow 80%
Details on Musician 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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Frequently searched careers by keyword and country
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optisalary.com aggregates salary data for informational use exclusively. We strive to provide reliable figures, but do not guarantee their precision. Users are encouraged to consult official sources before making employment decisions. Salary ranges may fluctuate due to company policies, market demands, and skills. We accept no responsibility for errors in the salary data provided. Your continued use with this site confirms agreement of this disclaimer.
The salary figures on this website are meant for informational use exclusively. We collect salary data from varied sources, but cannot ensure complete accuracy. Users should on their own verify salaries before making career commitments. Salary variations occur due to industry standards, demand shifts, and location. We deny any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is not definitive.