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Principal Engineer Structural salary in Monaco

Average Yearly Salary of Principal Engineer Structural in Monaco is approximately 477,672 EUR (477,619 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 Principal Engineer Structural do?

occupation personasA Principal Engineer in Structural Engineering is a senior-level position responsible for overseeing and managing all aspects of structural engineering projects. They lead a team of engineers and technicians, providing guidance and expertise in the design, analysis, and construction of structures such as buildings, bridges, and infrastructure. The principal engineer is involved in the entire project lifecycle, from conceptualization and feasibility studies to detailed design, calculations, and construction supervision. They collaborate with architects, contractors, and clients to ensure that the structural design meets safety, durability, and functional requirements. Key responsibilities include conducting structural assessments, reviewing and approving design documents, performing complex calculations, resolving technical issues, and ensuring compliance with relevant codes and regulations. They also contribute to the development of design standards, mentor junior engineers, and stay updated with emerging technologies and industry trends.

Skills: Principal Engineer, Structural Engineering, Design Management, Construction Supervision, Structural Analysis, Building Codes
Job industry: Engineering


How much does Principal Engineer Structural make?

Salary details
How much does Principal Engineer Structural make?
Estimated Yearly Salary: 477,672 EUR
Estimated Monthly Salary: 39,806 EUR
Estimated Weekly Salary: 9,186 EUR per week
Estimated Hourly Salary: 230 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 460,418 EUR
Estimated Monthly Salary: 38,368 EUR
Estimated Weekly Salary: 8,854 EUR per week
Estimated Hourly Salary: 221 EUR per hour
Last revision of data: 2024-01-06



Principal Engineer Structural estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 477,619 USD
Estimated Monthly Salary: 39,802 USD
Estimated Weekly Salary: 9,185 USD per week
Estimated Hourly Salary: 230 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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 Principal Engineer Structural job salary compared to average salary in Monaco.
Comparison shows that a person working as Principal Engineer Structural in Monaco earns on average:
2.8 times the average salary (or 280% of average salary).

Is Principal Engineer Structural a well paid job?

Yes, our data show that Principal Engineer Structural 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 Principal Engineer Structural?

High salary for Principal Engineer Structural would be somewhere between 525,439 EUR and 692,624 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Principal Engineer Structural 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: 477,672 EUR
Estimated Monthly Salary: 39,806 EUR
Estimated Weekly Salary: 9,186 EUR per week
Estimated Hourly Salary: 230 EUR per hour
By working as Principal Engineer Structural a person can save up to 32,358 USD per month or 388,301 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 Principal Engineer Structural

France is 117,593 USDdown arrow 75%
Details on Principal Engineer Structural salary in France
Italy is 96,674 USDdown arrow 80%
Details on Principal Engineer Structural 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 estimates for informational purposes only.
The salary figures on this website are meant for informational use exclusively. We compile salary data from varied providers, but do not guarantee complete precision. Users should on their own confirm salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is not definitive.
This website displays salary data solely for reference purposes. While we strive for correctness, we do not guarantee the precision of all figures. Users should double-check salary details with reliable sources before making financial decisions. Salary estimates may vary based on multiple factors, such as company size, negotiation tactics, and industry demand. We assume no liability for misinterpretations in the salary estimates provided. By accessing optisalary.com, you acknowledge that salary data is not absolute.