Engineering Analyst salary in Iceland

Average Yearly Salary of Engineering Analyst in Iceland is approximately 12,799,537 ISK (89,073 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 Engineering Analyst do?

An Engineering Analyst is responsible for analyzing and interpreting engineering data to support decision-making processes. They work closely with engineers, project managers, and other stakeholders to gather and evaluate technical information, identify patterns and trends, and provide insights and recommendations. This role involves conducting research, performing calculations, and utilizing various software tools to analyze data related to design, manufacturing, quality control, and performance. Engineering Analysts also contribute to the development and improvement of engineering processes, systems, and standards, ensuring compliance with industry regulations and best practices. Additionally, they may be involved in creating reports and presentations to communicate findings and proposals to management and clients. Strong analytical skills, attention to detail, problem-solving abilities, and proficiency in engineering software are essential for success in this occupation.

Skills: Engineering, Analysis, Data interpretation, Technical research, Process improvement, Compliance
Job industry: Engineering

How much does Engineering Analyst make?

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


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Salary comparison to National average

Is Engineering Analyst a well paid job?

Yes, our data shows that Engineering Analyst 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 Engineering Analyst?

High salary for Engineering Analyst would be somewhere between 14,079,491 ISK and 18,559,329 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Engineering Analyst 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: 12,799,537 ISK
Estimated Monthly Salary: 1,066,628 ISK
Estimated Weekly Salary: 246,145 ISK per week
Estimated Hourly Salary: 6,154 ISK per hour
By working as Engineering Analyst a person can save up to 4,694 USD per month or 56,327 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 Engineering Analyst

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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