Senior Mechanical Engineer salary in Monaco

Average Yearly Salary of Senior Mechanical Engineer in Monaco is approximately 374,518 EUR (374,875 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 Engineer do?

A senior mechanical engineer is responsible for overseeing and leading the design, development, and implementation of mechanical systems and processes. They work on various projects, from concept to completion, ensuring that all mechanical components meet quality standards and adhere to safety regulations. Senior mechanical engineers collaborate with cross-functional teams, including other engineers and technicians, to solve complex problems and optimize designs. They conduct thorough research, analyze data, and perform calculations to develop innovative solutions and improve existing systems. Additionally, senior mechanical engineers provide technical guidance and mentorship to junior engineers, review project proposals and specifications, and monitor project progress to ensure timely delivery.

Skills: Senior Mechanical Engineer, Mechanical Engineering, Design and Development, Project Management, Problem Solving, Technical Guidance
Job industry: Mechanical engineering

How much does Senior Mechanical 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 Engineer a well paid job?

Yes, our data show that Senior Mechanical 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 Engineer?

High salary for Senior Mechanical Engineer would be somewhere between 411,970 EUR and 543,051 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Mechanical 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: 374,518 EUR
Estimated Monthly Salary: 31,210 EUR
Estimated Weekly Salary: 7,202 EUR per week
Estimated Hourly Salary: 180 EUR per hour
By working as Senior Mechanical Engineer a person can save up to 23,796 USD per month or 285,557 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 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.

Top 10 highest salaries in Monaco

Data as of 2025

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