Key Facts: Luxembourg vs Monaco Wages
- Luxembourg Minimum Wage
- €15.63/hr ($18.20 USD)
- Monaco Minimum Wage
- €11.88/hr ($13.83 USD)
- Luxembourg Avg. Gross Monthly Salary
- €5,600 /mo ($6,521.49 USD)
- Monaco Avg. Gross Monthly Salary
- €4,931 /mo ($5,742.40 USD)
- Data Sources
- Inspection du Travail et des Mines (ITM); 2026 figures verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (2026-05-04), Direction du Travail de Monaco / Caisses Sociales de Monaco (2026-02-25)
Luxembourg 
Monaco
Updated 2026-05-04
Both high-income economies, Luxembourg and Monaco set comparable minimum wage floors in USD terms. Average salaries are higher in Luxembourg at $6,521/mo compared to $5,742/mo in Monaco.
Detailed Comparison
| Metric | Luxembourg | Monaco |
|---|---|---|
| Minimum wage /hr | €15.63 $18.20 | €11.88 $13.83 |
| Minimum wage /mo | €2,703.74 $3,148.64 | €2,008 $2,338.42 |
| Minimum wage /yr | €32,444.88 $37,783.72 | €24,096 $28,061.02 |
| Avg. gross salary /mo | €5,600 /mo $6,521.49 | €4,931 /mo $5,742.40 |
| Avg. net salary /mo | €4,000 /mo $4,658.20 | €4,300 /mo $5,007.57 |
| Median individual income /yr | €48,000 /yr $55,898.45 | €40,068 /yr $46,661.23 |
Percentage differences are based on USD equivalent values. Positive means Luxembourg is higher.
Work Week
- Luxembourg
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.4x pay
Standard workweek is 40 hours (Labour Code). Daily maximum is 8 hours (extendable to 10 hours). Overtime is compensated at 140% of normal rate or with equivalent compensatory time off (1.5 hours for each overtime hour). Maximum 2 hours overtime per day. EU Working Time Directive limits average to 48 hrs/week.
- 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)
What This Means for Workers
A minimum wage worker moving from Monaco to Luxembourg would see a 32% increase in USD-equivalent hourly earnings. Standard work weeks differ: Luxembourg mandates 40 hours while Monaco mandates 39 hours. A minimum wage worker's weekly earnings in Luxembourg are $728 vs $540 in Monaco.
See this comparison from Monaco's perspective: Monaco vs Luxembourg
Compare Luxembourg with...
Luxembourg vs United States $ 7.25 /hr 
Luxembourg vs China ¥ 25 /hr 
Luxembourg vs Germany € 13.9 /hr 
Luxembourg vs United Kingdom £ 12.71 /hr 
Luxembourg vs India ₹ 4,576 /mo 
Luxembourg vs Japan ¥ 1,121 /hr 
Luxembourg vs France € 12.02 /hr 
Luxembourg vs South Korea ₩ 10,320 /hr 
Luxembourg vs Canada C$ 18.1 /hr 
Luxembourg vs Australia A$ 24.95 /hr 
Luxembourg vs Brazil R$ 7.37 /hr 
Luxembourg vs Russia ₽ 156.31 /hr 
Luxembourg vs Mexico MX$ 9,583.52 /mo 
Luxembourg vs Indonesia Rp 33,058 /hr 
Luxembourg vs Netherlands € 14.71 /hr 
Luxembourg vs Saudi Arabia ﷼ 23.08 /hr 
Luxembourg vs Turkey ₺ 164.94 /hr 
Luxembourg vs Taiwan NT$ 190 /hr 
Luxembourg vs Switzerland 
Luxembourg vs Poland zł 31.4 /hr 
Luxembourg vs Thailand ฿ 10,400 /mo 
Luxembourg vs Sweden 
Luxembourg vs Argentina ARS 1,762 /hr 
Luxembourg vs Singapore Frequently Asked Questions
Is the minimum wage higher in Luxembourg or Monaco?
In Luxembourg, the minimum wage is €15.63/hr ($18.20 USD). In Monaco, it is €11.88/hr ($13.83 USD). Luxembourg has the higher rate by 32% 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 Monaco may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Luxembourg compared to Monaco?
The average gross salary in Luxembourg is €5,600/mo ($6,521.49 USD), compared to €4,931/mo ($5,742.40 USD) in Monaco. In USD terms, workers in Luxembourg earn approximately 14% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Luxembourg and Monaco is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Luxembourg earn more in nominal terms, though how far that income stretches depends on local prices in Monaco.
How do work hours compare between Luxembourg and Monaco?
Luxembourg has a longer standard work week at 40 hours, compared to 39 hours in Monaco. Workers in Luxembourg work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Monaco working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.