Home > Salary > Monaco > Product Design Engineer Industrial
A product design engineer in the industrial sector is responsible for creating innovative and functional products. They collaborate with cross-functional teams to understand customer requirements, develop design concepts, and create detailed engineering drawings. They utilize computer-aided design (CAD) software to design and prototype products, ensuring they meet quality standards, safety regulations, and cost targets.
The occupation of a product design engineer requires a strong understanding of engineering principles, materials, and manufacturing processes. They conduct research and analysis to identify market trends, competitor products, and customer needs. They also test and evaluate prototypes, making necessary modifications to improve performance and functionality. Effective communication skills are essential as they collaborate with various stakeholders, including suppliers and manufacturers, to ensure smooth production processes.
Estimated Yearly Salary: 269,074 EUR
Estimated Monthly Salary: 22,423 EUR
Estimated Weekly Salary: 5,175 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,635 EUR
Estimated Weekly Salary: 4,993 EUR per week
Estimated Hourly Salary: 125 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 268,908 USD
Estimated Monthly Salary: 22,409 USD
Estimated Weekly Salary: 5,171 USD per week
Estimated Hourly Salary: 129 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: 269,074 EUR
Estimated Monthly Salary: 22,423 EUR
Estimated Weekly Salary: 5,175 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Product Design Engineer Industrial a person can save up to 14,966 USD per month or 179,590 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 Industrial
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Funeral director (148,178 EUR per year, pre-tax.)
Director search engine marketing (429,994 EUR per year, pre-tax.)
Broadcast meteorologist (182,544 EUR per year, pre-tax.)
Sample cutter fabric (82,772 EUR per year, pre-tax.)
Regulatory compliance manager (318,205 EUR per year, pre-tax.)
Product Design Engineer Industrial salary in Monaco
Average Yearly Salary of Product Design Engineer Industrial in Monaco is approximately 269,074 EUR (268,908 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 Industrial do?
A product design engineer in the industrial sector is responsible for creating innovative and functional products. They collaborate with cross-functional teams to understand customer requirements, develop design concepts, and create detailed engineering drawings. They utilize computer-aided design (CAD) software to design and prototype products, ensuring they meet quality standards, safety regulations, and cost targets.
The occupation of a product design engineer requires a strong understanding of engineering principles, materials, and manufacturing processes. They conduct research and analysis to identify market trends, competitor products, and customer needs. They also test and evaluate prototypes, making necessary modifications to improve performance and functionality. Effective communication skills are essential as they collaborate with various stakeholders, including suppliers and manufacturers, to ensure smooth production processes.
Skills: Product Design Engineer, Industrial Engineering, CAD Design, Manufacturing Processes, Prototype Development, Market Research.
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Design Engineer Industrial make?
Salary details
How much does Product Design Engineer Industrial make?Estimated Yearly Salary: 269,074 EUR
Estimated Monthly Salary: 22,423 EUR
Estimated Weekly Salary: 5,175 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: 259,619 EUREstimated Monthly Salary: 21,635 EUR
Estimated Weekly Salary: 4,993 EUR per week
Estimated Hourly Salary: 125 EUR per hour
Last revision of data: 2024-01-06Product Design Engineer Industrial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 268,908 USD
Estimated Monthly Salary: 22,409 USD
Estimated Weekly Salary: 5,171 USD per week
Estimated Hourly Salary: 129 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Industrial job salary compared to average salary in Monaco.
Comparison shows that a person working as Product Design Engineer Industrial in Monaco earns on average:
1.58 times the average salary (or 158% 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 Industrial job salary compared to average salary in Monaco.
Comparison shows that a person working as Product Design Engineer Industrial in Monaco earns on average:
1.58 times the average salary (or 158% of average salary).
Is Product Design Engineer Industrial a well paid job?
Yes, our data shows that Product Design Engineer Industrial 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 Industrial?
High salary for Product Design Engineer Industrial would be somewhere between 295,981 EUR and 390,157 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Design Engineer Industrial 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: 269,074 EUR
Estimated Monthly Salary: 22,423 EUR
Estimated Weekly Salary: 5,175 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Product Design Engineer Industrial a person can save up to 14,966 USD per month or 179,590 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 Industrial
France is 66,038 USD
Italy is 54,273 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:
Funeral director (148,178 EUR per year, pre-tax.)
Director search engine marketing (429,994 EUR per year, pre-tax.)
Broadcast meteorologist (182,544 EUR per year, pre-tax.)
Sample cutter fabric (82,772 EUR per year, pre-tax.)
Regulatory compliance manager (318,205 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=monaco&job=product-design-engineer-industrial'><img src='https://optisalary.com/wp-content/graphs/salary/product-design-engineer-industrial-salary-in-monaco-2025.jpg' alt='product design engineer industrial salary in monaco 2025' title='product design engineer industrial salary in monaco 2025' /></a>
Please note:optisalary.com aggregates salary data for reference use exclusively.
optisalary.com aggregates salary data for reference use exclusively. We strive to provide reliable figures, but cannot assure their precision. Users are encouraged to check official platforms before making financial decisions. Salary amounts may vary due to geographic location, experience, and industry trends. We assume no responsibility for inconsistencies in the salary information provided. Your continued use with this site confirms understanding of this policy.
The salary figures on optisalary.com are meant for reference use only. We compile salary data from multiple sources, but cannot ensure absolute accuracy. Users should on their own confirm salaries before making career commitments. Salary variations occur due to company policies, negotiation skills, and experience levels. We deny any warranty regarding the validity of the provided salary data. By accessing this site, you acknowledge that salary data is not definitive.