Psychologist salary in Monaco

Average Yearly Salary of Psychologist in Monaco is approximately 302,097 EUR (301,447 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 Psychologist do?

A psychologist is a mental health professional who specializes in studying human behavior, thoughts, and emotions. They apply scientific principles to understand and analyze individuals' cognitive, emotional, and social processes. Psychologists work in various settings such as hospitals, clinics, schools, research institutions, and private practices. Their primary role involves assessing and diagnosing psychological disorders, providing therapy and counseling to individuals or groups, and conducting research to contribute to the field of psychology. They use various techniques like interviews, assessments, and observation to gather information about their clients and develop treatment plans tailored to their specific needs. Psychologists may specialize in areas such as clinical psychology, counseling psychology, educational psychology, or industrial-organizational psychology.

Skills: psychologist, mental health, therapy, counseling, assessment, research
Job industry: Healthcare

How much does Psychologist make?

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


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Salary comparison to National average

Is Psychologist a well paid job?

Yes, our data shows that Psychologist 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 Psychologist?

High salary for Psychologist would be somewhere between 332,307 EUR and 438,041 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Psychologist 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: 302,097 EUR
Estimated Monthly Salary: 25,175 EUR
Estimated Weekly Salary: 5,810 EUR per week
Estimated Hourly Salary: 145 EUR per hour
By working as Psychologist a person can save up to 17,677 USD per month or 212,129 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 Psychologist

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.

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Data as of 2025

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