Electrical Estimator salary in Iceland

Average Yearly Salary of Electrical Estimator in Iceland is approximately 12,849,229 ISK (89,727 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 Electrical Estimator do?

An electrical estimator is responsible for estimating the cost and time required for electrical projects. They analyze project specifications, blueprints, and other relevant documents to determine the materials, labor, and equipment needed. Electrical estimators also consider factors such as permits, regulations, and safety requirements while preparing accurate cost estimates. They collaborate with project managers, suppliers, and subcontractors to gather necessary information and negotiate pricing. Additionally, they may attend site visits to assess the project scope and identify any potential challenges or risks. This occupation requires strong analytical skills, attention to detail, and knowledge of electrical systems and construction practices.

Skills: electrical estimator, cost estimation, project management, electrical engineering, construction industry, analytical skills
Job industry: Construction

How much does Electrical Estimator make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Electrical Estimator a well paid job?

Yes, our data shows that Electrical 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 Electrical Estimator?

High salary for Electrical Estimator would be somewhere between 14,134,152 ISK and 18,631,382 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Electrical 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: 12,849,229 ISK
Estimated Monthly Salary: 1,070,769 ISK
Estimated Weekly Salary: 247,101 ISK per week
Estimated Hourly Salary: 6,178 ISK per hour
By working as Electrical Estimator a person can save up to 4,748 USD per month or 56,981 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 Electrical 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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