Machinery Technician salary in Iceland

Average Yearly Salary of Machinery Technician in Iceland is approximately 9,651,747 ISK (67,563 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 Machinery Technician do?

A machinery technician is a skilled professional responsible for the installation, maintenance, and repair of various types of machinery and equipment. They are typically employed in manufacturing plants, construction sites, and other industrial settings. Their primary role is to ensure that machinery operates efficiently and safely. This includes conducting regular inspections, troubleshooting mechanical issues, replacing faulty parts, and performing routine maintenance tasks. Machinery technicians must have a strong understanding of mechanical systems, electrical circuits, and hydraulic and pneumatic systems. They should be familiar with diagnostic tools and techniques to identify and resolve technical problems. Attention to detail, problem-solving skills, and the ability to work independently or as part of a team are essential qualities for this occupation.

Skills: machinery technician, equipment maintenance, machinery repair, industrial machinery, mechanical systems, equipment installation
Job industry: Manufacturing

How much does Machinery Technician make?

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


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Salary comparison to National average

Is Machinery Technician a well paid job?

Yes, our data show that Machinery Technician 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 Machinery Technician?

High salary for Machinery Technician would be somewhere between 10,616,922 ISK and 13,995,033 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machinery Technician 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: 9,651,747 ISK
Estimated Monthly Salary: 804,312 ISK
Estimated Weekly Salary: 185,611 ISK per week
Estimated Hourly Salary: 4,640 ISK per hour
By working as Machinery Technician a person can save up to 2,901 USD per month or 34,817 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 Machinery Technician

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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