Psychiatric Nurse salary in Monaco

Average Yearly Salary of Psychiatric Nurse in Monaco is approximately 257,352 EUR (257,682 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 Psychiatric Nurse do?

A psychiatric nurse is a healthcare professional who specializes in providing care and support to individuals with mental health disorders. They work closely with psychiatrists, psychologists, and other members of the mental health team to assess, diagnose, and treat patients. Psychiatric nurses play a crucial role in promoting mental well-being and helping patients manage their conditions. Their responsibilities include conducting patient assessments, developing treatment plans, administering medications, providing counseling and therapy, and monitoring patients for any changes in their mental health. They also educate patients and their families about mental health disorders, coping strategies, and available resources.

Skills: Psychiatric nurse, Mental health care, Mental health disorders, Patient assessment, Treatment planning, Medication administration, Counseling and therapy, Mental health education, Care coordination, Mental well-being.
Job industry: Healthcare

How much does Psychiatric Nurse make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Psychiatric Nurse a well paid job?

Yes, our data shows that Psychiatric Nurse 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 Psychiatric Nurse?

High salary for Psychiatric Nurse would be somewhere between 283,087 EUR and 373,160 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Psychiatric Nurse 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: 257,352 EUR
Estimated Monthly Salary: 21,446 EUR
Estimated Weekly Salary: 4,949 EUR per week
Estimated Hourly Salary: 124 EUR per hour
By working as Psychiatric Nurse a person can save up to 14,030 USD per month or 168,364 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 Psychiatric Nurse

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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