🇲🇨 Europe

Monaco

Salary, tax, minimum wage and employer cost data.

CurrencyEUR (€)
VAT20%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate14.0%
Employer rate35.0%

Minimum wage in Monaco

Monthly gross€ 1,802
Monthly net (est.)€ 1,427
Hourly gross€ 11.88
Annual gross€ 21,624
Annual net (est.)€ 17,124

Monaco applies the French SMIC as minimum wage.

Average salary

Gross annual€ 72,000
Net monthly€ 5,400

Tax brackets

0% personal income tax for residents

Calculate salary in Monaco

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