Norway Monaco

Updated 2026-05-28

Norway

No statutory minimum wage

Avg. Gross Salary

kr55,150 /mo

Monaco

Minimum Wage

€11.88 /hr

$13.83 USD

Avg. Gross Salary

€4,931 /mo

Avg. salary: +4% Norway vs Monaco

Norway has no statutory minimum wage, while Monaco sets a floor of $14/hr. Average salaries are higher in Norway at $5,953/mo compared to $5,742/mo in Monaco.

Detailed Comparison

Detailed wage comparison between Norway and Monaco
Metric	Norway	Monaco	Diff
Minimum wage /hr	None	€11.88 $13.83	—
Minimum wage /mo	None	€2,008 $2,338.42	—
Minimum wage /yr	None	€24,096 $28,061.02	—
Avg. gross salary /mo	kr55,150 /mo $5,953.34	€4,931 /mo $5,742.40	+3.7%
Avg. net salary /mo	kr38,600 /mo $4,166.80	€4,300 /mo $5,007.57	-16.8%
Median individual income /yr	kr570,000 /yr $61,530.49	€40,068 /yr $46,661.23	+31.9%

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

Work Week

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.
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.

What This Means for Workers

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

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

Compare Norway with...

Norway vs United States $ 7.25 /hr

Norway vs China ¥ 25 /hr

Norway vs Germany € 13.9 /hr

Norway vs United Kingdom £ 12.71 /hr

Norway vs India ₹ 4,576 /mo

Norway vs Japan ¥ 1,121 /hr

Norway vs France € 12.02 /hr

Norway vs South Korea ₩ 10,320 /hr

Norway vs Canada C$ 18.1 /hr

Norway vs Australia A$ 24.95 /hr

Norway vs Brazil R$ 7.37 /hr

Norway vs Russia ₽ 156.31 /hr

Norway vs Mexico MX$ 9,583.52 /mo

Norway vs Indonesia Rp 33,058 /hr

Norway vs Netherlands € 14.71 /hr

Norway vs Saudi Arabia ﷼ 23.08 /hr

Norway vs Turkey ₺ 164.94 /hr

Norway vs Taiwan NT$ 190 /hr

Norway vs Switzerland

Norway vs Poland zł 31.4 /hr

Norway vs Thailand ฿ 10,400 /mo

Norway vs Sweden

Norway vs Argentina ARS 1,762 /hr

Norway vs Singapore

Frequently Asked Questions

Is the minimum wage higher in Norway or Monaco?

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

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

The average gross salary in Norway is kr55,150/mo ($5,953.34 USD), compared to €4,931/mo ($5,742.40 USD) in Monaco. In USD terms, workers in Norway earn approximately 4% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Norway and Monaco 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 Norway and Monaco?

Monaco has a longer standard work week at 39 hours, compared to 37.5 hours in Norway. Workers in Norway work 37.5 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.