Engineer Reliability salary in Iceland

Average Yearly Salary of Engineer Reliability in Iceland is approximately 19,824,811 ISK (138,817 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 Engineer Reliability do?

An engineer in reliability is responsible for ensuring the dependability and performance of products, systems, or processes. They work to identify and mitigate potential risks, failures, or malfunctions that could impact the reliability and safety of a product. This involves conducting thorough analyses, tests, and inspections to assess the reliability of components, materials, and systems. They also collaborate with cross-functional teams to develop and implement strategies for improving reliability, such as designing robust maintenance plans, implementing quality control measures, and optimizing production processes. Additionally, engineers in reliability may be involved in failure analysis, root cause investigations, and recommending design modifications or enhancements to enhance product reliability.

Skills: Engineer Reliability, Dependability, Performance, Risk Mitigation, Failure Analysis, Quality Control
Job industry: Engineering

How much does Engineer Reliability make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Engineer Reliability a well paid job?

Yes, our data show that Engineer Reliability 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 Engineer Reliability?

High salary for Engineer Reliability would be somewhere between 21,807,292 ISK and 28,745,976 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Engineer Reliability 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: 19,824,811 ISK
Estimated Monthly Salary: 1,652,068 ISK
Estimated Weekly Salary: 381,246 ISK per week
Estimated Hourly Salary: 9,531 ISK per hour
By working as Engineer Reliability a person can save up to 8,839 USD per month or 106,071 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 Engineer Reliability

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

Random salary:
Counter clerk (4,859,365 ISK per year, pre-tax.)
Statistical geneticist (18,608,590 ISK per year, pre-tax.)
Cardiac rehabilitation director (9,805,977 ISK per year, pre-tax.)
Telephone operator supervisor (6,592,729 ISK per year, pre-tax.)
Machinist helper (7,337,044 ISK per year, pre-tax.)

Feedback about these results