Senior Mechanical Design Engineer salary in Monaco

Average Yearly Salary of Senior Mechanical Design Engineer in Monaco is approximately 351,897 EUR (350,173 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 Mechanical Design Engineer do?

A senior mechanical design engineer is responsible for leading and overseeing the design and development of mechanical systems and components. They work closely with cross-functional teams to ensure that designs meet project requirements, industry standards, and customer expectations. This role involves creating detailed engineering drawings, conducting feasibility studies, performing calculations, and analyzing test data. Senior mechanical design engineers also provide technical guidance and mentorship to junior engineers, review and approve designs, and collaborate with suppliers and manufacturers to ensure successful product realization. They may also participate in research and development activities to improve existing products or develop new technologies. Strong analytical skills, proficiency in computer-aided design (CAD) software, and a deep understanding of mechanical engineering principles are essential for success in this role.

Skills: mechanical design, engineering, CAD, project management, leadership, product development
Job industry: Engineering

How much does Senior Mechanical Design Engineer make?

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


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Salary comparison to National average

Is Senior Mechanical Design Engineer a well paid job?

Yes, our data show that Senior Mechanical Design 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 Mechanical Design Engineer?

High salary for Senior Mechanical Design Engineer would be somewhere between 387,087 EUR and 510,251 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Mechanical Design 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: 351,897 EUR
Estimated Monthly Salary: 29,325 EUR
Estimated Weekly Salary: 6,767 EUR per week
Estimated Hourly Salary: 169 EUR per hour
By working as Senior Mechanical Design Engineer a person can save up to 21,738 USD per month or 260,855 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 Mechanical Design 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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