Purchasing Agent salary in Monaco

Average Yearly Salary of Purchasing Agent in Monaco is approximately 221,120 EUR (219,678 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 Purchasing Agent do?

A purchasing agent is responsible for procuring goods and services for an organization. They research suppliers, negotiate contracts, and ensure that purchases are made at the best possible price and quality. Purchasing agents analyze market trends, monitor inventory levels, and maintain relationships with vendors. They also collaborate with other departments to determine their procurement needs and develop strategies to meet those requirements. Attention to detail, strong negotiation skills, and the ability to work with numbers are essential for success in this role. Purchasing agents must stay updated on industry trends and regulations to make informed decisions and mitigate risks. Overall, their objective is to optimize the organization's procurement process, minimize costs, and ensure timely delivery of goods and services.

Skills: Purchasing, Procurement, Negotiation, Vendor Management, Supply Chain, Inventory Control
Job industry: Procurement

How much does Purchasing Agent make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Purchasing Agent a well paid job?

Yes, our data shows that Purchasing Agent 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 Purchasing Agent?

High salary for Purchasing Agent would be somewhere between 243,232 EUR and 320,624 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Purchasing Agent 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: 221,120 EUR
Estimated Monthly Salary: 18,427 EUR
Estimated Weekly Salary: 4,252 EUR per week
Estimated Hourly Salary: 106 EUR per hour
By working as Purchasing Agent a person can save up to 10,863 USD per month or 130,360 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 Purchasing Agent

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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