Machine Learning Researcher salary in Iceland

Average Yearly Salary of Machine Learning Researcher in Iceland is approximately 21,510,836 ISK (150,325 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 Machine Learning Researcher do?

A machine learning researcher is an occupation that involves conducting in-depth research and development in the field of machine learning. These professionals work on designing, implementing, and optimizing machine learning algorithms and models to solve complex problems and improve system performance. They analyze large datasets, identify patterns, and develop predictive models using techniques such as deep learning, natural language processing, and reinforcement learning. Machine learning researchers also collaborate with cross-functional teams to understand business requirements and provide innovative solutions. They stay updated with the latest advancements in the field and contribute to the academic community through publications and presentations.

Skills: Machine Learning, Researcher, Algorithm Design, Data Analysis, Model Development, Artificial Intelligence
Job industry: Technology

How much does Machine Learning Researcher make?

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


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Salary comparison to National average

Is Machine Learning Researcher a well paid job?

Yes, our data show that Machine Learning Researcher 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 Machine Learning Researcher?

High salary for Machine Learning Researcher would be somewhere between 23,661,920 ISK and 31,190,712 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machine Learning Researcher 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: 21,510,836 ISK
Estimated Monthly Salary: 1,792,570 ISK
Estimated Weekly Salary: 413,670 ISK per week
Estimated Hourly Salary: 10,342 ISK per hour
By working as Machine Learning Researcher a person can save up to 9,798 USD per month or 117,579 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 Machine Learning Researcher

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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