Monaco Norway

Updated 2026-05-28

Monaco

Minimum Wage

€11.88 /hr

$13.83 USD

Avg. Gross Salary

€4,931 /mo

Norway

No statutory minimum wage

Avg. Gross Salary

kr55,150 /mo

Avg. salary: -4% Monaco vs Norway

Unlike Norway, which has no statutory minimum wage, Monaco mandates a wage floor of $14/hr. Average salaries are lower in Monaco at $5,742/mo compared to $5,953/mo in Norway.

Detailed Comparison

Detailed wage comparison between Monaco and Norway
Metric	Monaco	Norway	Diff
Minimum wage /hr	€11.88 $13.83	None	—
Minimum wage /mo	€2,008 $2,338.42	None	—
Minimum wage /yr	€24,096 $28,061.02	None	—
Avg. gross salary /mo	€4,931 /mo $5,742.40	kr55,150 /mo $5,953.34	-3.5%
Avg. net salary /mo	€4,300 /mo $5,007.57	kr38,600 /mo $4,166.80	+20.2%
Median individual income /yr	€40,068 /yr $46,661.23	kr570,000 /yr $61,530.49	-24.2%

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

Work 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.
Norway: 37.5 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.4x pay

The Working Environment Act sets a maximum of 40 hours/week, but most collective agreements specify 37.5 hours. Overtime premium minimum 40% by law. Maximum overtime: 10 hrs/week, 25 hrs over 4 consecutive weeks, 200 hrs/year. Night and Sunday work requires additional premiums by agreement.

What This Means for Workers

Standard work weeks differ: Monaco mandates 39 hours while Norway mandates 37.5 hours.

See this comparison from Norway's perspective: Norway vs Monaco

Compare Monaco with...

Monaco vs United States $ 7.25 /hr

Monaco vs China ¥ 25 /hr

Monaco vs Germany € 13.9 /hr

Monaco vs United Kingdom £ 12.71 /hr

Monaco vs India ₹ 4,576 /mo

Monaco vs Japan ¥ 1,121 /hr

Monaco vs France € 12.02 /hr

Monaco vs South Korea ₩ 10,320 /hr

Monaco vs Canada C$ 18.1 /hr

Monaco vs Australia A$ 24.95 /hr

Monaco vs Brazil R$ 7.37 /hr

Monaco vs Russia ₽ 156.31 /hr

Monaco vs Mexico MX$ 9,583.52 /mo

Monaco vs Netherlands € 14.71 /hr

Monaco vs Saudi Arabia ﷼ 23.08 /hr

Monaco vs Turkey ₺ 164.94 /hr

Monaco vs Switzerland

Monaco vs Poland zł 31.4 /hr

Monaco vs Israel ₪ 35.4 /hr

Monaco vs New Zealand NZ$ 23.5 /hr

Frequently Asked Questions

Is the minimum wage higher in Monaco or Norway?

In Monaco, the minimum wage is €11.88/hr ($13.83 USD). In Norway, it is no statutory minimum wage.

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

The average gross salary in Monaco is €4,931/mo ($5,742.40 USD), compared to kr55,150/mo ($5,953.34 USD) in Norway. In USD terms, workers in Monaco earn approximately 4% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Monaco and Norway is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Norway earn more in nominal terms, though how far that income stretches depends on local prices in Monaco.

How do work hours compare between Monaco and Norway?

Monaco has a longer standard work week at 39 hours, compared to 37.5 hours in Norway. Workers in Monaco work 39 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Norway 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.