Estimating Supervisor salary in Iceland

Average Yearly Salary of Estimating Supervisor in Iceland is approximately 12,738,491 ISK (88,994 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 Estimating Supervisor do?

An estimating supervisor is responsible for overseeing the process of estimating costs and preparing bids for construction projects. They work closely with a team of estimators to analyze project requirements, review blueprints and specifications, and calculate material, labor, and equipment costs. The estimating supervisor ensures that estimates are accurate and competitive, and they may negotiate prices with suppliers and subcontractors. They also collaborate with project managers and clients to understand project goals and constraints, providing guidance and recommendations based on their expertise. Additionally, an estimating supervisor may be involved in tracking project costs, analyzing cost variances, and making adjustments as necessary. This role requires strong analytical and mathematical skills, attention to detail, and the ability to effectively communicate and coordinate with various stakeholders.

Skills: estimating supervisor, construction, cost estimation, project management, bidding process, construction industry
Job industry: Construction

How much does Estimating Supervisor make?

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


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Salary comparison to National average

Is Estimating Supervisor a well paid job?

Yes, our data shows that Estimating Supervisor 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 Estimating Supervisor?

High salary for Estimating Supervisor would be somewhere between 14,012,340 ISK and 18,470,812 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Estimating Supervisor 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: 12,738,491 ISK
Estimated Monthly Salary: 1,061,541 ISK
Estimated Weekly Salary: 244,971 ISK per week
Estimated Hourly Salary: 6,124 ISK per hour
By working as Estimating Supervisor a person can save up to 4,687 USD per month or 56,248 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 Estimating Supervisor

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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