National minimum wage
Minimum wage in Monaco
€1,801 per month
Effective 2025-01-01 · Source: en.wikipedia.org
Pegged to French SMIC plus a small margin.
Earnings calculator
Adjust the wage or the hours you work to see gross weekly, monthly and annual pay.
- Hourly
- €10.39
- Daily
- €83.12
- Weekly
- €416
- Monthly
- €1,801
- Annual
- €21,612
Roughly $1,950 per month in USD (approximate, using ~2025 exchange rates).
Gross earnings before tax and deductions. Weekly/monthly/annual figures assume 40 paid hours every week of the year. Actual take-home depends on local taxes, benefits, and hours worked.
- Hourly
- €10.39
- Weekly (40h)
- €416
- Monthly
- €1,801
- Annual
- €21,612
Approximately $1,950 per month in USD at ~2025 exchange rates (indicative only).
Minimum wage in Monaco: FAQ
- What is the minimum wage in Monaco?
- The minimum wage in Monaco is €1,801 per month, effective 2025-01-01.
- How much is that per year at full time?
- At 40 hours a week for 52 weeks, the Monaco minimum wage works out to about €21,612 in gross annual pay, before tax and deductions.
- Are there exceptions or upcoming changes?
- Pegged to French SMIC plus a small margin.