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Artificial Intelligence Engineer salary in Iceland

Average Yearly Salary of Artificial Intelligence Engineer in Iceland is approximately 23,295,741 ISK (162,495 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Artificial Intelligence Engineer do?

occupation personasAn Artificial Intelligence Engineer is a professional who specializes in developing and implementing AI technologies and systems. They are responsible for designing, programming, and training AI models to perform specific tasks, such as natural language processing, computer vision, and machine learning. AI Engineers work closely with data scientists and software developers to create intelligent algorithms and integrate them into various applications and platforms. They are skilled in programming languages like Python, Java, and C++, as well as frameworks like TensorFlow and PyTorch. AI Engineers also possess a deep understanding of mathematical concepts and statistical analysis to effectively analyze and interpret large datasets. They continuously research and stay updated on the latest advancements in AI technology to ensure their solutions are cutting-edge and efficient.

Skills: Artificial Intelligence Engineer, AI Engineer, Machine Learning Engineer, Data Scientist, Computer Vision Engineer, Natural Language Processing Engineer
Job industry: Technology


How much does Artificial Intelligence Engineer make?

Salary details
How much does Artificial Intelligence Engineer make?
Estimated Yearly Salary: 23,295,741 ISK
Estimated Monthly Salary: 1,941,312 ISK
Estimated Weekly Salary: 447,995 ISK per week
Estimated Hourly Salary: 11,200 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 22,436,557 ISK
Estimated Monthly Salary: 1,869,713 ISK
Estimated Weekly Salary: 431,472 ISK per week
Estimated Hourly Salary: 10,787 ISK per hour
Last revision of data: 2024-01-06



Artificial Intelligence Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 162,495 USD
Estimated Monthly Salary: 13,541 USD
Estimated Weekly Salary: 3,125 USD per week
Estimated Hourly Salary: 78 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Artificial Intelligence Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Artificial Intelligence Engineer in Iceland earns on average:
2.6 times the average salary (or 260% of average salary).

Is Artificial Intelligence Engineer a well paid job?

Yes, our data show that Artificial Intelligence Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Artificial Intelligence Engineer?

High salary for Artificial Intelligence Engineer would be somewhere between 25,625,315 ISK and 33,778,824 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Artificial Intelligence Engineer in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 23,295,741 ISK
Estimated Monthly Salary: 1,941,312 ISK
Estimated Weekly Salary: 447,995 ISK per week
Estimated Hourly Salary: 11,200 ISK per hour
By working as Artificial Intelligence Engineer a person can save up to 10,812 USD per month or 129,749 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Artificial Intelligence Engineer

Norway is 227,848 USDup arrow 40%
Details on Artificial Intelligence Engineer salary in Norway
United Kingdom is 106,420 USDdown arrow 35%
Details on Artificial Intelligence Engineer salary in United Kingdom
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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