Industrial Machinery Mechanic salary in Iceland

Average Yearly Salary of Industrial Machinery Mechanic in Iceland is approximately 9,591,032 ISK (66,921 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 Industrial Machinery Mechanic do?

An industrial machinery mechanic is responsible for installing, maintaining, and repairing various types of machinery used in industrial settings. They are skilled professionals who possess a strong understanding of mechanical systems and are adept at troubleshooting and problem-solving. Their duties may include inspecting equipment to identify issues, performing routine maintenance tasks, replacing faulty parts, and testing machinery to ensure proper functioning. They often work with a variety of tools and equipment, such as hand tools, power tools, and diagnostic devices. Industrial machinery mechanics must have a solid grasp of safety protocols and be able to interpret technical manuals and blueprints.

Skills: Industrial machinery mechanic, Machinery installation, Machinery maintenance, Machinery repair, Troubleshooting, Mechanical systems.
Job industry: Manufacturing

How much does Industrial Machinery Mechanic make?

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


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Salary comparison to National average

Is Industrial Machinery Mechanic a well paid job?

Yes, our data show that Industrial Machinery Mechanic is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Industrial Machinery Mechanic?

High salary for Industrial Machinery Mechanic would be somewhere between 10,550,135 ISK and 13,906,996 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Industrial Machinery Mechanic 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: 9,591,032 ISK
Estimated Monthly Salary: 799,253 ISK
Estimated Weekly Salary: 184,443 ISK per week
Estimated Hourly Salary: 4,611 ISK per hour
By working as Industrial Machinery Mechanic a person can save up to 2,848 USD per month or 34,175 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 Industrial Machinery Mechanic

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.

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Data as of 2025

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