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Senator salary in Monaco

Average Yearly Salary of Senator in Monaco is approximately 642,033 EUR (640,436 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 Senator do?

occupation personasA senator is an elected official who serves in the legislative branch of government, specifically in the upper house of a country's parliament or congress. Senators are responsible for representing the interests and concerns of their constituents at the national level, making laws, and providing oversight of the executive branch. They participate in debates, propose and vote on legislation, and work to shape public policy. Senators also engage in committee work, where they review bills, conduct hearings, and make recommendations.

Skills: lawmaker, legislator, representative, policymaker, government official, public servant
Job industry: Government


How much does Senator make?

Salary details
How much does Senator make?
Estimated Yearly Salary: 642,033 EUR
Estimated Monthly Salary: 53,503 EUR
Estimated Weekly Salary: 12,347 EUR per week
Estimated Hourly Salary: 309 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 620,651 EUR
Estimated Monthly Salary: 51,721 EUR
Estimated Weekly Salary: 11,936 EUR per week
Estimated Hourly Salary: 298 EUR per hour
Last revision of data: 2024-01-05



Senator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 640,436 USD
Estimated Monthly Salary: 53,370 USD
Estimated Weekly Salary: 12,316 USD per week
Estimated Hourly Salary: 308 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 Senator job salary compared to average salary in Monaco.
Comparison shows that a person working as Senator in Monaco earns on average:
3.77 times the average salary (or 377% of average salary).

Is Senator a well paid job?

Yes, our data show that Senator is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senator?

High salary for Senator would be somewhere between 706,236 EUR and 930,948 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senator 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: 642,033 EUR
Estimated Monthly Salary: 53,503 EUR
Estimated Weekly Salary: 12,347 EUR per week
Estimated Hourly Salary: 309 EUR per hour
By working as Senator a person can save up to 45,926 USD per month or 551,118 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 Senator

France is 158,442 USDdown arrow 75%
Details on Senator salary in France
Italy is 129,788 USDdown arrow 80%
Details on Senator 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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The salary data on this site is intended for reference purposes only. We provide salary insights based on multiple sources, but do not guarantee complete precision. Users should consistently cross-check salary details with other reliable sources before making financial decisions. Fluctuations in salary amounts may occur due to various factors, including location, experience, and industry. We do not offer any guarantee regarding the completeness of the provided salary information. Use of this website constitutes acceptance of these conditions.
This website provides salary data solely for informational purposes. While we strive for correctness, we do not ensure the validity of all figures. Users must verify salary details with reliable organizations before making financial decisions. Salary estimates can fluctuate based on numerous factors, such as geographic location, experience, and job role. We assume no responsibility for errors in the salary estimates provided. By accessing optisalary.com, you accept that salary data is not absolute.