Home > Salary > Iceland > Equipment Engineer
An equipment engineer is responsible for designing, developing, and maintaining various types of equipment used in manufacturing processes. They work closely with cross-functional teams to ensure that the equipment meets the required specifications and standards. Equipment engineers are involved in the entire lifecycle of the equipment, from concept and design to installation, testing, and troubleshooting. They also conduct regular inspections and maintenance to ensure optimal performance and minimize downtime.
Estimated Yearly Salary: 15,221,539 ISK
Estimated Monthly Salary: 1,268,462 ISK
Estimated Weekly Salary: 292,722 ISK per week
Estimated Hourly Salary: 7,318 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,222,853 ISK
Estimated Weekly Salary: 282,197 ISK per week
Estimated Hourly Salary: 7,055 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 106,164 USD
Estimated Monthly Salary: 8,847 USD
Estimated Weekly Salary: 2,042 USD per week
Estimated Hourly Salary: 51 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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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Estimated Yearly Salary: 15,221,539 ISK
Estimated Monthly Salary: 1,268,462 ISK
Estimated Weekly Salary: 292,722 ISK per week
Estimated Hourly Salary: 7,318 ISK per hour
By working as Equipment Engineer a person can save up to 6,118 USD per month or 73,418 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.
Estimated Yearly Salary for Equipment Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Equipment Engineer salary in Iceland
Average Yearly Salary of Equipment Engineer in Iceland is approximately 15,221,539 ISK (106,164 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 Equipment Engineer do?

Skills: Equipment engineer, Manufacturing, Design, Maintenance, Troubleshooting, Inspection
Job industry: Engineering
Job industry: Engineering
How much does Equipment Engineer make?
Salary details
How much does Equipment Engineer make?Estimated Yearly Salary: 15,221,539 ISK
Estimated Monthly Salary: 1,268,462 ISK
Estimated Weekly Salary: 292,722 ISK per week
Estimated Hourly Salary: 7,318 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 14,674,231 ISKEstimated Monthly Salary: 1,222,853 ISK
Estimated Weekly Salary: 282,197 ISK per week
Estimated Hourly Salary: 7,055 ISK per hour
Equipment Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 106,164 USD
Estimated Monthly Salary: 8,847 USD
Estimated Weekly Salary: 2,042 USD per week
Estimated Hourly Salary: 51 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Equipment Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Equipment Engineer in Iceland earns on average:
1.7 times the average salary (or 170% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Equipment Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Equipment Engineer in Iceland earns on average:
1.7 times the average salary (or 170% of average salary).
Is Equipment Engineer a well paid job?
Yes, our data shows that Equipment 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 Equipment Engineer?
High salary for Equipment Engineer would be somewhere between 16,743,693 ISK and 22,071,232 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Equipment 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: 15,221,539 ISK
Estimated Monthly Salary: 1,268,462 ISK
Estimated Weekly Salary: 292,722 ISK per week
Estimated Hourly Salary: 7,318 ISK per hour
By working as Equipment Engineer a person can save up to 6,118 USD per month or 73,418 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 Equipment Engineer
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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9. Oncologist
(77,260,671 ISK per year, pre-tax.)
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Random salary:
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Solar photovoltaic (pv), design engineer (8,053,198 ISK per year, pre-tax.)
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Senior asset manager (12,178,385 ISK per year, pre-tax.)
Senior project manager (unspecified type general) (13,127,302 ISK per year, pre-tax.)
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