Development Engineer Manufacturing salary in Iceland

Average Yearly Salary of Development Engineer Manufacturing in Iceland is approximately 14,901,559 ISK (103,530 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 Development Engineer Manufacturing do?

A Development Engineer in Manufacturing is responsible for designing, developing, and improving manufacturing processes and systems. They work closely with cross-functional teams to identify areas for improvement, develop prototypes, conduct tests, and implement innovative solutions to enhance productivity, efficiency, and quality of products. They also analyze data, troubleshoot issues, and provide technical support to ensure smooth production operations. Additionally, they collaborate with suppliers, vendors, and other stakeholders to source materials, equipment, and technologies that align with the company's goals and objectives.

Skills: Development Engineer, Manufacturing, Process Improvement, Productivity Enhancement, Quality Assurance, Technical Support
Job industry: Manufacturing

How much does Development Engineer Manufacturing make?

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


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Salary comparison to National average

Is Development Engineer Manufacturing a well paid job?

Yes, our data shows that Development Engineer Manufacturing 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 Development Engineer Manufacturing?

High salary for Development Engineer Manufacturing would be somewhere between 16,391,715 ISK and 21,607,261 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Development Engineer Manufacturing 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: 14,901,559 ISK
Estimated Monthly Salary: 1,241,797 ISK
Estimated Weekly Salary: 286,568 ISK per week
Estimated Hourly Salary: 7,164 ISK per hour
By working as Development Engineer Manufacturing a person can save up to 5,899 USD per month or 70,784 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 Development Engineer Manufacturing

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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