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Project Management Specialist salary in Monaco

Average Yearly Salary of Project Management Specialist in Monaco is approximately 267,690 EUR (268,814 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 Project Management Specialist do?

occupation personasA project management specialist is responsible for overseeing and managing various projects within an organization. They work closely with stakeholders to define project objectives, develop project plans, allocate resources, and monitor progress. Their role involves coordinating team members, ensuring tasks are completed on time, and delivering projects within budget. They also analyze risks, implement mitigation strategies, and resolve any issues that may arise during the project lifecycle. Additionally, project management specialists provide regular updates to stakeholders and communicate project status, milestones, and deliverables.

Skills: project management, project planning, resource allocation, risk analysis, stakeholder management, project coordination
Job industry: Construction


How much does Project Management Specialist make?

Salary details
How much does Project Management Specialist make?
Estimated Yearly Salary: 267,690 EUR
Estimated Monthly Salary: 22,308 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 259,619 EUR
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: 2024-01-05



Project Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 268,814 USD
Estimated Monthly Salary: 22,401 USD
Estimated Weekly Salary: 5,170 USD per week
Estimated Hourly Salary: 129 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 Project Management Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Project Management Specialist in Monaco earns on average:
1.57 times the average salary (or 157% of average salary).

Is Project Management Specialist a well paid job?

Yes, our data shows that Project Management Specialist 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 Project Management Specialist?

High salary for Project Management Specialist would be somewhere between 294,459 EUR and 388,151 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Management Specialist 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: 267,690 EUR
Estimated Monthly Salary: 22,308 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Project Management Specialist a person can save up to 14,958 USD per month or 179,496 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 Project Management Specialist

France is 66,171 USDdown arrow 75%
Details on Project Management Specialist salary in France
Italy is 54,288 USDdown arrow 80%
Details on Project Management Specialist 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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Salary data displayed on this site is informational only. Our figures come from various sources, but we do not guarantee absolute correctness. Users should always double-check salary details with additional resources before making financial commitments. Salaries fluctuate due to individual experience, market demand, and employer policies. We cannot offer any warranties about the validity of the provided salary data. By continuing to use this site, you acknowledge these terms.
The salary figures on this website are meant for informational use only. We collect salary data from multiple sources, but cannot guarantee absolute precision. Users must on their own confirm salaries before making financial decisions. Salary variations occur due to industry standards, demand shifts, and location. We deny any warranty regarding the correctness of the provided salary data. By accessing this site, you acknowledge that salary data is not definitive.