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Senior Product Engineer salary in Monaco

Average Yearly Salary of Senior Product Engineer in Monaco is approximately 349,492 EUR (347,710 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 Product Engineer do?

occupation personasA senior product engineer is responsible for overseeing the development and improvement of products within a company. They work closely with cross-functional teams, including design, manufacturing, and quality assurance, to ensure that products meet the highest standards of quality, functionality, and cost-effectiveness. Senior product engineers are involved in all stages of the product lifecycle, from concept and design to production and post-launch support. Their primary tasks include conducting research and analysis to identify product improvements, collaborating with design teams to develop prototypes, performing feasibility studies and risk assessments, and coordinating with manufacturing teams to ensure smooth production processes. They also provide technical expertise and guidance to junior engineers, troubleshoot and resolve any product-related issues, and stay updated on industry trends and advancements.

Skills: senior product engineer, product development, cross-functional collaboration, quality assurance, product lifecycle management, technical expertise.
Job industry: Manufacturing


How much does Senior Product Engineer make?

Salary details
How much does Senior Product Engineer make?
Estimated Yearly Salary: 349,492 EUR
Estimated Monthly Salary: 29,124 EUR
Estimated Weekly Salary: 6,721 EUR per week
Estimated Hourly Salary: 168 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 336,693 EUR
Estimated Monthly Salary: 28,058 EUR
Estimated Weekly Salary: 6,475 EUR per week
Estimated Hourly Salary: 162 EUR per hour
Last revision of data: 2024-01-06



Senior Product Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 347,710 USD
Estimated Monthly Salary: 28,976 USD
Estimated Weekly Salary: 6,687 USD per week
Estimated Hourly Salary: 167 USD per hour


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

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 Senior Product Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Product Engineer in Monaco earns on average:
2.05 times the average salary (or 205% of average salary).

Is Senior Product Engineer a well paid job?

Yes, our data show that Senior Product 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 Product Engineer?

High salary for Senior Product Engineer would be somewhere between 384,441 EUR and 506,763 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Product 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: 349,492 EUR
Estimated Monthly Salary: 29,124 EUR
Estimated Weekly Salary: 6,721 EUR per week
Estimated Hourly Salary: 168 EUR per hour
By working as Senior Product Engineer a person can save up to 21,533 USD per month or 258,392 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 Product Engineer

France is 85,712 USDdown arrow 75%
Details on Senior Product Engineer salary in France
Italy is 70,753 USDdown arrow 80%
Details on Senior Product Engineer 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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This website aggregates salary data for reference use exclusively. While we endeavor to present correct estimates, we do not warrant their full reliability. Users are highly advised to check with other databases before finalizing financial decisions. Salary figures fluctuate based on several factors, such as location, job role, and individual qualifications. We do not offer any claims as to the correctness of the provided data. Your access of this site indicates agreement of this notice.
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