Machine Repairman salary in Iceland

Average Yearly Salary of Machine Repairman in Iceland is approximately 8,008,430 ISK (56,048 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 Repairman do?

A machine repairman is a skilled professional responsible for repairing and maintaining various types of machinery and equipment. They are typically employed in manufacturing plants, construction sites, or service centers where machines are used extensively. The occupation requires a strong understanding of mechanical systems, electrical circuits, and computerized controls. Machine repairmen are responsible for diagnosing issues, troubleshooting problems, and performing repairs to ensure machines operate efficiently and safely. They may need to disassemble and reassemble components, replace faulty parts, and test equipment to ensure proper functioning. Additionally, they are often required to perform routine maintenance tasks such as lubrication, calibration, and cleaning.

Skills: machine repair, maintenance, mechanical systems, electrical circuits, troubleshooting, equipment repair
Job industry: Manufacturing

How much does Machine Repairman make?

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


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Salary comparison to National average

Is Machine Repairman a well paid job?

Yes, our data show that Machine Repairman 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 Machine Repairman?

High salary for Machine Repairman would be somewhere between 8,809,273 ISK and 11,612,224 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machine Repairman 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: 8,008,430 ISK
Estimated Monthly Salary: 667,369 ISK
Estimated Weekly Salary: 154,008 ISK per week
Estimated Hourly Salary: 3,850 ISK per hour
By working as Machine Repairman a person can save up to 1,942 USD per month or 23,302 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 Repairman

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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