Home > Salary > Monaco > Product Design Engineer
A product design engineer is responsible for creating and developing innovative and functional products. They work closely with cross-functional teams, including marketing, manufacturing, and research and development, to design products that meet customer needs and market demands. Product design engineers utilize their technical expertise and creativity to conceptualize ideas, create detailed 2D and 3D designs, and develop prototypes. They also conduct feasibility studies, perform testing and analysis, and make necessary modifications to ensure product performance and quality.
Estimated Yearly Salary: 267,390 EUR
Estimated Monthly Salary: 22,283 EUR
Estimated Weekly Salary: 5,142 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,466 EUR
Estimated Weekly Salary: 4,954 EUR per week
Estimated Hourly Salary: 124 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 265,745 USD
Estimated Monthly Salary: 22,145 USD
Estimated Weekly Salary: 5,110 USD per week
Estimated Hourly Salary: 128 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 267,390 EUR
Estimated Monthly Salary: 22,283 EUR
Estimated Weekly Salary: 5,142 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Product Design Engineer a person can save up to 14,702 USD per month or 176,427 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.
Estimated Yearly Salary for Product Design Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Product Design Engineer salary in Monaco
Average Yearly Salary of Product Design Engineer in Monaco is approximately 267,390 EUR (265,745 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 Product Design Engineer do?
A product design engineer is responsible for creating and developing innovative and functional products. They work closely with cross-functional teams, including marketing, manufacturing, and research and development, to design products that meet customer needs and market demands. Product design engineers utilize their technical expertise and creativity to conceptualize ideas, create detailed 2D and 3D designs, and develop prototypes. They also conduct feasibility studies, perform testing and analysis, and make necessary modifications to ensure product performance and quality.
Skills: Product design engineer, Design engineering, Innovation, Prototyping, Technical expertise, Cross-functional collaboration
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Design Engineer make?
Salary details
How much does Product Design Engineer make?Estimated Yearly Salary: 267,390 EUR
Estimated Monthly Salary: 22,283 EUR
Estimated Weekly Salary: 5,142 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 257,591 EUREstimated Monthly Salary: 21,466 EUR
Estimated Weekly Salary: 4,954 EUR per week
Estimated Hourly Salary: 124 EUR per hour
Last revision of data: 2024-01-02Product Design Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 265,745 USD
Estimated Monthly Salary: 22,145 USD
Estimated Weekly Salary: 5,110 USD per week
Estimated Hourly Salary: 128 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Product Design Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Product Design Engineer in Monaco earns on average:
1.57 times the average salary (or 157% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Product Design Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Product Design Engineer in Monaco earns on average:
1.57 times the average salary (or 157% of average salary).
Is Product Design Engineer a well paid job?
Yes, our data shows that Product Design 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 Product Design Engineer?
High salary for Product Design Engineer would be somewhere between 294,129 EUR and 387,716 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Design 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: 267,390 EUR
Estimated Monthly Salary: 22,283 EUR
Estimated Weekly Salary: 5,142 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Product Design Engineer a person can save up to 14,702 USD per month or 176,427 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 Product Design Engineer
France is 65,747 USD
Italy is 54,009 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Security consultant (physical personnel grounds) (255,562 EUR per year, pre-tax.)
Curatorial assistant (132,631 EUR per year, pre-tax.)
Master control operator (107,066 EUR per year, pre-tax.)
Disability support caregiver (74,940 EUR per year, pre-tax.)
Senior business consultant (353,830 EUR per year, pre-tax.)
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