Construction Estimator salary in Iceland

Average Yearly Salary of Construction Estimator in Iceland is approximately 12,024,234 ISK (83,937 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 Construction Estimator do?

A construction estimator is responsible for estimating the cost of materials, labor, and equipment required for a construction project. They analyze project plans, specifications, and other documents to determine the quantity and quality of materials needed, as well as the time and resources required for completion. Construction estimators also collaborate with architects, engineers, and contractors to gather information and clarify project details. Their role involves researching prices, obtaining quotes from suppliers and subcontractors, and preparing accurate cost estimates and bids. They must consider factors such as market conditions, project complexity, and regulatory requirements while ensuring that the estimate aligns with the client's budget and expectations. Construction estimators play a crucial role in the pre-construction phase, helping stakeholders make informed decisions and ensuring projects are financially viable.

Skills: construction estimator, cost estimation, project planning, quantity surveying, budgeting, bid preparation.
Job industry: Construction

How much does Construction Estimator make?

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


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Salary comparison to National average

Is Construction Estimator a well paid job?

Yes, our data shows that Construction Estimator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Construction Estimator?

High salary for Construction Estimator would be somewhere between 13,226,657 ISK and 17,435,139 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Construction 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: 12,024,234 ISK
Estimated Monthly Salary: 1,002,020 ISK
Estimated Weekly Salary: 231,235 ISK per week
Estimated Hourly Salary: 5,781 ISK per hour
By working as Construction Estimator a person can save up to 4,266 USD per month or 51,191 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 Construction Estimator

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 +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 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

Data as of 2025

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