Power Plant Engineer salary in Monaco

Average Yearly Salary of Power Plant Engineer in Monaco is approximately 324,297 EUR (324,259 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 Power Plant Engineer do?

A power plant engineer is responsible for the design, operation, and maintenance of power generation facilities. They play a crucial role in ensuring the efficient and reliable production of electricity. Power plant engineers are involved in various aspects of power generation, including planning, construction, and management of power plants. Their duties include conducting feasibility studies, designing power plant systems, overseeing construction projects, monitoring plant operations, troubleshooting equipment failures, and implementing maintenance programs. They work closely with other engineers, technicians, and operators to optimize plant performance, ensure compliance with safety regulations, and maximize energy production.

Skills: Power plant engineer, Power generation, Plant design, Operations management, Equipment maintenance, Energy production
Job industry: Energy

How much does Power Plant 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 Power Plant Engineer a well paid job?

Yes, our data shows that Power Plant 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 Power Plant Engineer?

High salary for Power Plant Engineer would be somewhere between 356,727 EUR and 470,231 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Power Plant 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: 324,297 EUR
Estimated Monthly Salary: 27,025 EUR
Estimated Weekly Salary: 6,236 EUR per week
Estimated Hourly Salary: 156 EUR per hour
By working as Power Plant Engineer a person can save up to 19,578 USD per month or 234,941 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 Power Plant 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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