Ic Design Engineer salary in Iceland

Average Yearly Salary of Ic Design Engineer in Iceland is approximately 17,990,891 ISK (126,563 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 Ic Design Engineer do?

An IC design engineer is responsible for designing and developing integrated circuits (ICs) used in various electronic devices. They work closely with cross-functional teams to understand the requirements and specifications, and then create circuit designs using specialized software tools. The engineer conducts simulations and tests to ensure the functionality, performance, and reliability of the ICs. They also collaborate with layout engineers to finalize the physical design and layout of the circuits. Additionally, IC design engineers may be involved in troubleshooting and debugging issues during the manufacturing process.

Skills: IC design engineer, integrated circuit design, circuit simulation, electronic device development, layout design, manufacturing process.
Job industry: Semiconductor

How much does Ic Design Engineer make?

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


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Salary comparison to National average

Is Ic Design Engineer a well paid job?

Yes, our data show that Ic Design Engineer 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 Ic Design Engineer?

High salary for Ic Design Engineer would be somewhere between 19,789,980 ISK and 26,086,792 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Ic 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: 17,990,891 ISK
Estimated Monthly Salary: 1,499,241 ISK
Estimated Weekly Salary: 345,979 ISK per week
Estimated Hourly Salary: 8,649 ISK per hour
By working as Ic Design Engineer a person can save up to 7,818 USD per month or 93,817 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 Ic Design Engineer

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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