Home > Salary > Iceland > Chief Estimator
A Chief Estimator is responsible for overseeing the estimation process within a construction company or similar industry. They lead a team of estimators and work closely with project managers, engineers, and architects to determine the costs associated with a project. The Chief Estimator reviews project plans and specifications, conducts site visits, and analyzes data to accurately estimate material, labor, and equipment costs. They also collaborate with subcontractors and suppliers to obtain competitive pricing and negotiate contracts. Additionally, they prepare and present cost estimates, budgets, and proposals to clients and stakeholders.
Estimated Yearly Salary: 18,856,427 ISK
Estimated Monthly Salary: 1,571,369 ISK
Estimated Weekly Salary: 362,624 ISK per week
Estimated Hourly Salary: 9,066 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,515,264 ISK
Estimated Weekly Salary: 349,676 ISK per week
Estimated Hourly Salary: 8,742 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 131,193 USD
Estimated Monthly Salary: 10,933 USD
Estimated Weekly Salary: 2,523 USD per week
Estimated Hourly Salary: 63 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 18,856,427 ISK
Estimated Monthly Salary: 1,571,369 ISK
Estimated Weekly Salary: 362,624 ISK per week
Estimated Hourly Salary: 9,066 ISK per hour
By working as Chief Estimator a person can save up to 8,204 USD per month or 98,447 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.
Estimated Yearly Salary for Chief Estimator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Water engineer (11,150,295 ISK per year, pre-tax.)
Project controller information technology (it) (14,865,801 ISK per year, pre-tax.)
Optical sales associate (3,716,726 ISK per year, pre-tax.)
Doula (6,642,766 ISK per year, pre-tax.)
Bank secrecy act (bsa), officer (11,691,620 ISK per year, pre-tax.)
Chief Estimator salary in Iceland
Average Yearly Salary of Chief Estimator in Iceland is approximately 18,856,427 ISK (131,193 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 Chief Estimator do?
A Chief Estimator is responsible for overseeing the estimation process within a construction company or similar industry. They lead a team of estimators and work closely with project managers, engineers, and architects to determine the costs associated with a project. The Chief Estimator reviews project plans and specifications, conducts site visits, and analyzes data to accurately estimate material, labor, and equipment costs. They also collaborate with subcontractors and suppliers to obtain competitive pricing and negotiate contracts. Additionally, they prepare and present cost estimates, budgets, and proposals to clients and stakeholders.
Skills: Chief Estimator, Construction, Estimation, Cost Analysis, Project Management, Contract Negotiation
Job industry: Construction
Job industry: Construction
How much does Chief Estimator make?
Salary details
How much does Chief Estimator make?Estimated Yearly Salary: 18,856,427 ISK
Estimated Monthly Salary: 1,571,369 ISK
Estimated Weekly Salary: 362,624 ISK per week
Estimated Hourly Salary: 9,066 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 18,183,165 ISKEstimated Monthly Salary: 1,515,264 ISK
Estimated Weekly Salary: 349,676 ISK per week
Estimated Hourly Salary: 8,742 ISK per hour
Last revision of data: 2024-01-03Chief Estimator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 131,193 USD
Estimated Monthly Salary: 10,933 USD
Estimated Weekly Salary: 2,523 USD per week
Estimated Hourly Salary: 63 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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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 Chief Estimator job salary compared to average salary in Iceland.
Comparison shows that a person working as Chief Estimator in Iceland earns on average:
2.11 times the average salary (or 211% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Chief Estimator job salary compared to average salary in Iceland.
Comparison shows that a person working as Chief Estimator in Iceland earns on average:
2.11 times the average salary (or 211% of average salary).
Is Chief Estimator a well paid job?
Yes, our data show that Chief Estimator 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 Chief Estimator?
High salary for Chief Estimator would be somewhere between 20,742,070 ISK and 27,341,819 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Estimator 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: 18,856,427 ISK
Estimated Monthly Salary: 1,571,369 ISK
Estimated Weekly Salary: 362,624 ISK per week
Estimated Hourly Salary: 9,066 ISK per hour
By working as Chief Estimator a person can save up to 8,204 USD per month or 98,447 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 Chief Estimator
Norway is 184,503 USD
United Kingdom is 86,318 USD
Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Water engineer (11,150,295 ISK per year, pre-tax.)
Project controller information technology (it) (14,865,801 ISK per year, pre-tax.)
Optical sales associate (3,716,726 ISK per year, pre-tax.)
Doula (6,642,766 ISK per year, pre-tax.)
Bank secrecy act (bsa), officer (11,691,620 ISK per year, pre-tax.)
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