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Electronics Design Engineer salary in Iceland

Average Yearly Salary of Electronics Design Engineer in Iceland is approximately 17,039,576 ISK (119,553 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 Electronics Design Engineer do?

occupation personasAn electronics design engineer is responsible for designing, developing, and testing electronic components, circuits, and systems. They work on various projects, ranging from consumer electronics to industrial equipment, medical devices, and aerospace systems. Their main tasks include creating schematic diagrams, selecting components, conducting simulations, and prototyping. They collaborate with cross-functional teams, including mechanical engineers, software developers, and product managers, to ensure that the final product meets the required specifications and standards. Electronics design engineers also troubleshoot and debug issues during the development and manufacturing process. They stay up-to-date with the latest industry trends and advancements in technology to incorporate innovative solutions into their designs. This occupation requires strong technical skills, knowledge of electrical engineering principles, proficiency in computer-aided design (CAD) tools, and the ability to work independently or within a team.

Skills: Electronics, Design Engineer, Electrical Engineering, Circuit Design, Prototyping, CAD
Job industry: Electronics


How much does Electronics Design Engineer make?

Salary details
How much does Electronics Design Engineer make?
Estimated Yearly Salary: 17,039,576 ISK
Estimated Monthly Salary: 1,419,965 ISK
Estimated Weekly Salary: 327,684 ISK per week
Estimated Hourly Salary: 8,192 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 16,481,894 ISK
Estimated Monthly Salary: 1,373,491 ISK
Estimated Weekly Salary: 316,960 ISK per week
Estimated Hourly Salary: 7,924 ISK per hour
Last revision of data: 2024-01-06



Electronics Design Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 119,553 USD
Estimated Monthly Salary: 9,963 USD
Estimated Weekly Salary: 2,299 USD per week
Estimated Hourly Salary: 57 USD per hour


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

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 Electronics Design Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Electronics Design Engineer in Iceland earns on average:
1.9 times the average salary (or 190% of average salary).

Is Electronics Design Engineer a well paid job?

Yes, our data shows that Electronics Design Engineer 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 Electronics Design Engineer?

High salary for Electronics Design Engineer would be somewhere between 18,743,534 ISK and 24,707,385 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Electronics Design 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: 17,039,576 ISK
Estimated Monthly Salary: 1,419,965 ISK
Estimated Weekly Salary: 327,684 ISK per week
Estimated Hourly Salary: 8,192 ISK per hour
By working as Electronics Design Engineer a person can save up to 7,234 USD per month or 86,807 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 Electronics Design Engineer

Norway is 166,948 USDup arrow 40%
Details on Electronics Design Engineer salary in Norway
United Kingdom is 78,432 USDdown arrow 34%
Details on Electronics Design 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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The salary data on this site is designed for informational purposes exclusively. We provide salary insights based on multiple sources, but cannot guarantee complete accuracy. Users should always verify salary details with other trusted sources before making financial decisions. Fluctuations in salary amounts may occur due to various factors, including location, experience, and industry. We do not extend any warranty regarding the completeness of the displayed salary information. Use of optisalary.com constitutes acknowledgment of these conditions.