Senior Electrical Engineer salary in Monaco

Average Yearly Salary of Senior Electrical Engineer in Monaco is approximately 397,981 EUR (399,714 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 Senior Electrical Engineer do?

A senior electrical engineer is responsible for designing, developing, and overseeing the implementation of electrical systems and components. They work on a wide range of projects, including power distribution systems, control systems, and electrical equipment. They collaborate with other engineers and technicians to ensure that electrical systems are efficient, reliable, and meet safety standards. Senior electrical engineers also conduct feasibility studies, analyze data, and troubleshoot any issues that may arise during the design or implementation process. They may also be involved in project management, budgeting, and coordinating with clients or contractors. Strong technical skills, knowledge of electrical codes and regulations, and the ability to use specialized software and tools are essential for this role.

Skills: senior electrical engineer, electrical systems, power distribution, control systems, electrical equipment, project management
Job industry: Engineering

How much does Senior Electrical Engineer make?

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


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Salary comparison to National average

Is Senior Electrical Engineer a well paid job?

Yes, our data show that Senior Electrical Engineer 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 Senior Electrical Engineer?

High salary for Senior Electrical Engineer would be somewhere between 437,779 EUR and 577,072 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Electrical Engineer 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: 397,981 EUR
Estimated Monthly Salary: 33,165 EUR
Estimated Weekly Salary: 7,653 EUR per week
Estimated Hourly Salary: 191 EUR per hour
By working as Senior Electrical Engineer a person can save up to 25,866 USD per month or 310,396 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 Senior Electrical Engineer

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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