Junior Estimator salary in Iceland

Average Yearly Salary of Junior Estimator in Iceland is approximately 9,706,005 ISK (67,987 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 Junior Estimator do?

A junior estimator is responsible for assisting in the estimation process for construction projects. They work closely with senior estimators and project managers to analyze project requirements, review blueprints, and gather data on materials, labor, and equipment costs. Junior estimators perform quantity take-offs, prepare cost estimates, and create bid proposals. They use specialized software and tools to calculate project costs and ensure accuracy in estimates. Junior estimators also collaborate with suppliers and subcontractors to obtain pricing information and evaluate potential vendors. They may participate in site visits and meetings to gain a better understanding of project scope and requirements. This role requires strong analytical skills, attention to detail, and the ability to work effectively in a team. Junior estimators should have knowledge of construction materials, methods, and industry standards. They must be able to meet deadlines and communicate effectively with various stakeholders.

Skills: junior estimator, construction estimation, cost analysis, quantity take-off, bid proposal, construction industry
Job industry: Construction

How much does Junior Estimator make?

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


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Salary comparison to National average

Is Junior Estimator a well paid job?

Yes, our data show that Junior Estimator 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 Junior Estimator?

High salary for Junior Estimator would be somewhere between 10,676,606 ISK and 14,073,707 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Junior Estimator 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: 9,706,005 ISK
Estimated Monthly Salary: 808,834 ISK
Estimated Weekly Salary: 186,654 ISK per week
Estimated Hourly Salary: 4,666 ISK per hour
By working as Junior Estimator a person can save up to 2,937 USD per month or 35,241 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 Junior Estimator

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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