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Average Salary - Monaco MONACO / SALARY

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SALARY SURVEYS

46

 UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
0.91 EUR = 1 USD

€75,471 EUR

$83,352 USD

€33,501 EUR

$37,000 USD
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Average Salary / Monaco

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Average salary in Monaco is €75,471 EUR per year. The most typical earning is €33,501 EUR. All data are based on 46 salary surveys. Salaries are different between men and women. Men receive an average salary of €92,174 EUR. Women receive a salary of €57,496 EUR.

The most paid careers are Media with average income €204,903 EUR and Engineers & Technicians IV with income €135,364 EUR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of €131,471 EUR. The second most paid education level is Bachelors Degree with salary of €77,687 EUR.

Different experiences affect earning as well. People with 0-1 Year of experience receive salary of €150,576 EUR. Employees with 16-20 Years of experience receive €110,645 EUR.

Levels / Monaco (Gross EUR)

Salary Levels (EUR) per Year Surveys [%]
€9,100 EUR - €13,599 EUR
1 100%
2.17%
€13,600 EUR - €18,099 EUR
1 97.83%
2.17%
€18,100 EUR - €22,599 EUR
1 95.65%
2.17%
€22,600 EUR - €27,199 EUR
1 93.48%
2.17%
€27,200 EUR - €31,699 EUR
1 91.3%
2.17%
THE MOST TYPICAL SALARY
€31,700 EUR - €36,199 EUR
5 89.13%
10.87%
€36,200 EUR - €40,699 EUR
4 78.26%
8.7%
€40,700 EUR - €45,299 EUR
3 69.57%
6.52%
€45,300 EUR - €49,799 EUR
3 63.04%
6.52%
€49,800 EUR - €54,299 EUR
0 n/a
€54,300 EUR - €58,899 EUR
4 56.52%
8.7%
€58,900 EUR - €63,399 EUR
2 47.83%
4.35%
€63,400 EUR - €67,899 EUR
1 43.48%
2.17%
€67,900 EUR - €72,399 EUR
3 41.3%
6.52%
€72,400 EUR - €76,999 EUR
1 34.78%
2.17%
€77,000 EUR - €81,499 EUR
2 32.61%
4.35%
€81,500 EUR - €85,999 EUR
1 28.26%
2.17%
€86,000 EUR - €90,499 EUR
0 n/a
€90,500 EUR - €95,099 EUR
0 n/a
€95,100 EUR - €99,599 EUR
1 26.09%
2.17%
€99,600 EUR - €104,099 EUR
1 23.91%
2.17%
€104,100 EUR - €108,699 EUR
0 n/a
€108,700 EUR - €113,199 EUR
1 21.74%
2.17%
€113,200 EUR - €117,699 EUR
0 n/a
€117,700 EUR - €122,199 EUR
1 19.57%
2.17%
€122,200 EUR - €126,799 EUR
2 17.39%
4.35%
€126,800 EUR - €131,299 EUR
0 n/a
€131,300 EUR - €135,799 EUR
1 13.04%
2.17%
HIGH SALARIES
€135,800 EUR - €144,899 EUR
0 n/a
€144,900 EUR - €153,899 EUR
1 10.87%
2.17%
€153,900 EUR - €162,999 EUR
0 n/a
€163,000 EUR - €171,999 EUR
0 n/a
€172,000 EUR - €181,099 EUR
0 n/a
€181,100 EUR - €190,099 EUR
0 n/a
€190,100 EUR - €199,199 EUR
0 n/a
€199,200 EUR - €208,299 EUR
2 8.7%
4.35%
€208,300 EUR - €217,299 EUR
0 n/a
€217,300 EUR - €226,399 EUR
1 4.35%
2.17%
€226,400 EUR - €316,899 EUR
1 2.17%
2.17%
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Gender / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Men 23 €92,174 EUR
2 Women 20 €57,496 EUR

Education / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 3 €131,471 EUR
2 Bachelors Degree 19 €77,687 EUR
3 High School 1 €71,258 EUR
4 Masters Degree 22 €67,093 EUR
5 Some College 1 €54,870 EUR

Experience / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 0-1 Year 3 €150,576 EUR
2 16-20 Years 4 €110,645 EUR
3 20+ Years 5 €108,110 EUR
4 8-12 Years 9 €72,436 EUR
5 1-2 Years 9 €61,661 EUR
6 12-16 Years 3 €57,767 EUR
7 2-4 Years 5 €57,496 EUR
8 4-8 Years 8 €46,177 EUR

Age / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 41-45 4 €110,193 EUR
2 46-50 3 €100,504 EUR
3 36-40 5 €89,549 EUR
4 21-25 12 €78,049 EUR
5 56-60 1 €71,892 EUR
6 66-70 1 €71,258 EUR
7 n/a 3 €66,731 EUR
8 31-35 12 €59,216 EUR
9 26-30 4 €58,854 EUR
10 51-55 1 €54,870 EUR

Work Type / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 2 €216,312 EUR
2 Contract 7 €78,049 EUR
3 Permanent 37 €67,365 EUR

Cities / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Monaco 46 €75,514 EUR

Career Groups / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Media 1 €204,903 EUR
2 Engineers & Technicians IV 1 €135,364 EUR
3 Health Care & Medical 5 €121,420 EUR
4 Finance & Banking 6 €116,350 EUR
5 IT & Programming II 2 €80,494 EUR
6 Customer Services 1 €71,892 EUR
7 Education & University 5 €71,077 EUR
8 Engineers & Technicians 3 €70,715 EUR
9 Law 4 €69,538 EUR
10 Management & Business 2 €64,286 EUR
11 Human Resources 1 €55,051 EUR
12 IT & Programming 1 €47,626 EUR
13 Aviation & Shipping 1 €44,819 EUR
14 Accounting & Administration 8 €39,568 EUR
15 Hotels & Tourism 2 €36,399 EUR
16 Marketing, Sales, Purchase 2 €30,060 EUR
17 Organization & Coordination 1 €21,911 EUR

Careers / Monaco (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Surgeon 1 €224,279 EUR
2 Finance Manager 1 €205,808 EUR
3 Game Producer 1 €204,903 EUR
4 Registered Nurse 1 €146,954 EUR
5 Hedge Fund Manager 2 €138,352 EUR
6 Energy Engineer Lead 1 €135,364 EUR
7 Mechanical Engineer Lead 1 €123,231 EUR
8 Other IT Career 1 €123,050 EUR
9 Doctor Specialist 1 €118,704 EUR
10 Doctor 1 €100,957 EUR
11 University Professor Assistant 1 €98,965 EUR
12 Financial Analyst 2 €79,860 EUR
13 Lawyer 2 €73,341 EUR
14 Corporate Counsel Lawyer 1 €72,888 EUR
15 Customer Service Manager 1 €71,892 EUR
16 University Professor 1 €71,258 EUR
17 Program Manager 1 €67,274 EUR
18 Teacher 3 €61,751 EUR
19 Executive Secretary 1 €61,661 EUR
20 Project Manager 1 €61,298 EUR
21 Paralegal 1 €58,763 EUR
22 Other Finance Career 1 €56,047 EUR
23 Human Resources Manager 1 €55,051 EUR
24 Account Manager 1 €54,870 EUR
25 IT Project Manager 1 €47,626 EUR
26 Mechanical Engineer 1 €46,268 EUR
27 Other Aviation & Shipping Career 1 €44,819 EUR
28 Electrician 1 €42,646 EUR
29 Chartered Accountant 1 €41,741 EUR
30 Accountant 1 €40,383 EUR
31 System Analyst 1 €38,028 EUR
32 Other Tourism Career 1 €37,032 EUR
33 Senior Accountant 1 €35,855 EUR
34 Hotel Manager 1 €35,674 EUR
35 Marketing Coordinator 1 €35,403 EUR
36 Administrative Assistant 2 €34,678 EUR
37 Marketing 1 €24,718 EUR
38 Development Coordinator 1 €21,911 EUR
39 Nurse 1 €16,479 EUR
40 Lead Administrator 1 €12,314 EUR

People's individual salary examples (surveys)

Customer Service And Operations Manager
Posted 22 March 2022
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 16-20 Years Expert €71,900 EUR

Associate Professor
Posted 10 May 2021
City Education Experience Knowledge Gross salary / year
Monaco Doctorate Degree 12-16 Years Expert €99,000 EUR

Audit Senior
Posted 17 February 2020
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 1-2 Years n/a €41,800 EUR

Chief Coffee Maker
Posted 10 February 2020
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 1-2 Years n/a €21,900 EUR

Chief Financial Officer
Posted 26 October 2019
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 8-12 Years n/a €12,300 EUR

Deputy Ceo
Posted 24 October 2019
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 20+ Years n/a €205,800 EUR

3d Bim Modeleur
Posted 01 August 2019
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 8-12 Years n/a €46,300 EUR

Account Assistant
Posted 16 July 2019
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 2-4 Years n/a €38,400 EUR

Assistant Food And Berage Director
Posted 20 June 2019
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 2-4 Years n/a €37,000 EUR

Health Coordinator
Posted 28 May 2019
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 4-8 Years n/a €16,500 EUR

Senior Accountant
Posted 25 January 2019
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 4-8 Years n/a €35,800 EUR

Marketing Assistant
Posted 21 January 2019
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 1-2 Years n/a €24,700 EUR

Middle Back Office
Posted 06 December 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 4-8 Years n/a €56,100 EUR

Orthopaedist
Posted 21 October 2018
City Education Experience Knowledge Gross salary / year
Monaco Doctorate Degree 1-2 Years n/a €224,300 EUR

Project Manager
Posted 24 August 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 8-12 Years n/a €47,700 EUR

Legal Consoultant
Posted 06 August 2018
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 16-20 Years n/a €112,100 EUR

Legal Counsel
Posted 20 July 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 8-12 Years n/a €72,900 EUR

General Practitioner
Posted 10 July 2018
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 0-1 Year n/a €100,900 EUR

Travel Administration Manager
Posted 06 July 2018
City Education Experience Knowledge Gross salary / year
Monaco Some College 20+ Years n/a €54,900 EUR

Analyst
Posted 06 July 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 4-8 Years n/a €67,300 EUR

Accountant
Posted 05 July 2018
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 12-16 Years n/a €40,400 EUR

Executive Assistant
Posted 17 June 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 20+ Years n/a €61,700 EUR

Administrative Assistant
Posted 11 June 2018
City Education Experience Knowledge Gross salary / year
Monaco Bachelors Degree 4-8 Years n/a €30,900 EUR

Chartering Team Member
Posted 02 May 2018
City Education Experience Knowledge Gross salary / year
Monaco Masters Degree 1-2 Years n/a €44,900 EUR

ECONOMY / Monaco

Monaco has low business taxes and no income tax. The country is a tax haven for residents and for foreign businesses. The largest sectors are finance, commerce, and tourism. About 75 per cent of GDP is generated from foreign companies. Tourism account around 15 per cent of the annual revenue. Monaco has the highest per capita income in the world. The unemployment rate is 0%.

Education

The International University of Monaco has English courses for under-graduate, graduate, and business programmes. The courses are both full and part time.


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