Hong Kong Monaco

Updated 2026-05-04

Hong Kong

Minimum Wage

HK$42.10 /hr

$5.37 USD

Avg. Gross Salary

HK$20,500 /mo

Monaco

Minimum Wage

€11.88 /hr

$13.83 USD

Avg. Gross Salary

€4,931 /mo

Min wage: -61% Hong Kong vs Monaco Avg. salary: -54% Hong Kong vs Monaco

The minimum wage in Hong Kong is 61% lower than in Monaco in USD terms, though average salaries tell a different story. Average gross salaries diverge further: $2,616/mo in Hong Kong versus $5,742/mo in Monaco, a 2.2:1 ratio.

Detailed Comparison

Detailed wage comparison between Hong Kong and Monaco
Metric	Hong Kong	Monaco	Diff
Minimum wage /hr	HK$42.10 $5.37	€11.88 $13.83	-61.2%
Minimum wage /mo	HK$7,297 $931.08	€2,008 $2,338.42	-60.2%
Minimum wage /yr	HK$87,568 $11,173.52	€24,096 $28,061.02	-60.2%
Avg. gross salary /mo	HK$20,500 /mo $2,615.76	€4,931 /mo $5,742.40	-54.4%
Avg. net salary /mo	HK$19,475 /mo $2,484.98	€4,300 /mo $5,007.57	-50.4%
Median individual income /yr	HK$246,000 /yr $31,389.16	€40,068 /yr $46,661.23	-32.7%

Percentage differences are based on USD equivalent values. Positive means Hong Kong is higher.

Work Week

Hong Kong: hrs/wk standard

Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
Monaco: 39 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.25x pay

Standard workweek is 39 hours, aligned with French labor standards. Maximum 48 hours including overtime. Overtime premium: 25% for first 8 hours above 39, 50% thereafter. Night work and Sunday work attract additional premiums per sector agreements. Mandatory rest of 11 consecutive hours between shifts.

• WAGE TRAJECTORY (USD/hr)

Hong Kong Monaco Source: wage.is · USD equivalent/hr

Year	Hong Kong (USD)	Monaco (USD)
2011	$3.57/hr	—
2013	$3.83/hr	—
2015	$4.15/hr	—
2017	$4.40/hr	—
2019	$4.78/hr	—
2020	—	$12/hr
2021	—	$12/hr
2022	—	$13/hr
2023	$4.78/hr	$13/hr
2024	—	$14/hr
2025	$5.37/hr	$14/hr

What This Means for Workers

A minimum wage worker in Hong Kong earns 158% less per hour in USD terms than one in Monaco.

See this comparison from Monaco's perspective: Monaco vs Hong Kong

Compare Hong Kong with...

Hong Kong vs United States $ 7.25 /hr

Hong Kong vs China ¥ 25 /hr

Hong Kong vs Germany € 13.9 /hr

Hong Kong vs United Kingdom £ 12.71 /hr

Hong Kong vs India ₹ 4,576 /mo

Hong Kong vs Japan ¥ 1,121 /hr

Hong Kong vs France € 12.02 /hr

Hong Kong vs South Korea ₩ 10,320 /hr

Hong Kong vs Canada C$ 18.1 /hr

Hong Kong vs Australia A$ 24.95 /hr

Hong Kong vs Brazil R$ 7.37 /hr

Hong Kong vs Russia ₽ 156.31 /hr

Hong Kong vs Mexico MX$ 9,583.52 /mo

Hong Kong vs Indonesia Rp 33,058 /hr

Hong Kong vs Netherlands € 14.71 /hr

Hong Kong vs Saudi Arabia ﷼ 23.08 /hr

Hong Kong vs Turkey ₺ 164.94 /hr

Hong Kong vs Taiwan NT$ 190 /hr

Hong Kong vs Switzerland

Hong Kong vs Poland zł 31.4 /hr

Hong Kong vs Thailand ฿ 10,400 /mo

Hong Kong vs Sweden

Hong Kong vs Argentina ARS 1,762 /hr

Hong Kong vs Singapore

Frequently Asked Questions

Is the minimum wage higher in Hong Kong or Monaco?

In Hong Kong, the minimum wage is HK$42.10/hr ($5.37 USD). In Monaco, it is €11.88/hr ($13.83 USD). Monaco has the higher rate by 158% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Hong Kong may retain a larger share of their earnings if prices there are lower.

How much less does the average worker earn in Hong Kong compared to Monaco?

The average gross salary in Hong Kong is HK$20,500/mo ($2,615.76 USD), compared to €4,931/mo ($5,742.40 USD) in Monaco. In USD terms, workers in Hong Kong earn approximately 120% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Hong Kong and Monaco is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Monaco earn more in nominal terms, though how far that income stretches depends on local prices in Hong Kong.