Home > Salary > Iceland > Manufacturing Engineer
A manufacturing engineer is responsible for designing, implementing, and improving manufacturing processes to ensure efficiency, quality, and cost-effectiveness. They collaborate with cross-functional teams to develop production plans, optimize workflows, and identify areas for improvement. Manufacturing engineers analyze data, troubleshoot issues, and propose solutions to enhance productivity and reduce waste. They also contribute to the design and development of new products, ensuring manufacturability and scalability. Additionally, they may oversee equipment maintenance, train staff on new processes, and ensure compliance with safety and regulatory standards.
Estimated Yearly Salary: 13,932,045 ISK
Estimated Monthly Salary: 1,161,004 ISK
Estimated Weekly Salary: 267,924 ISK per week
Estimated Hourly Salary: 6,698 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,125,374 ISK
Estimated Weekly Salary: 259,702 ISK per week
Estimated Hourly Salary: 6,493 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 97,637 USD
Estimated Monthly Salary: 8,136 USD
Estimated Weekly Salary: 1,878 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 13,932,045 ISK
Estimated Monthly Salary: 1,161,004 ISK
Estimated Weekly Salary: 267,924 ISK per week
Estimated Hourly Salary: 6,698 ISK per hour
By working as Manufacturing Engineer a person can save up to 5,408 USD per month or 64,891 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.
Estimated Yearly Salary for Manufacturing Engineer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Manufacturing Engineer salary in Iceland
Average Yearly Salary of Manufacturing Engineer in Iceland is approximately 13,932,045 ISK (97,637 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 Manufacturing Engineer do?
A manufacturing engineer is responsible for designing, implementing, and improving manufacturing processes to ensure efficiency, quality, and cost-effectiveness. They collaborate with cross-functional teams to develop production plans, optimize workflows, and identify areas for improvement. Manufacturing engineers analyze data, troubleshoot issues, and propose solutions to enhance productivity and reduce waste. They also contribute to the design and development of new products, ensuring manufacturability and scalability. Additionally, they may oversee equipment maintenance, train staff on new processes, and ensure compliance with safety and regulatory standards.
Skills: manufacturing engineer, process optimization, production planning, quality control, cost reduction, product development
Job industry: Manufacturing
Job industry: Manufacturing
How much does Manufacturing Engineer make?
Salary details
How much does Manufacturing Engineer make?Estimated Yearly Salary: 13,932,045 ISK
Estimated Monthly Salary: 1,161,004 ISK
Estimated Weekly Salary: 267,924 ISK per week
Estimated Hourly Salary: 6,698 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,504,491 ISKEstimated Monthly Salary: 1,125,374 ISK
Estimated Weekly Salary: 259,702 ISK per week
Estimated Hourly Salary: 6,493 ISK per hour
Last revision of data: 2024-01-03Manufacturing Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 97,637 USD
Estimated Monthly Salary: 8,136 USD
Estimated Weekly Salary: 1,878 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Manufacturing Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Manufacturing Engineer in Iceland earns on average:
1.56 times the average salary (or 156% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Manufacturing Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Manufacturing Engineer in Iceland earns on average:
1.56 times the average salary (or 156% of average salary).
Is Manufacturing Engineer a well paid job?
Yes, our data shows that Manufacturing Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Manufacturing Engineer?
High salary for Manufacturing Engineer would be somewhere between 15,325,250 ISK and 20,201,465 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Manufacturing Engineer 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: 13,932,045 ISK
Estimated Monthly Salary: 1,161,004 ISK
Estimated Weekly Salary: 267,924 ISK per week
Estimated Hourly Salary: 6,698 ISK per hour
By working as Manufacturing Engineer a person can save up to 5,408 USD per month or 64,891 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 Manufacturing Engineer
Norway is 136,543 USD
United Kingdom is 64,456 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Office furniture installer (5,422,989 ISK per year, pre-tax.)
Clinical documentation specialist (14,248,806 ISK per year, pre-tax.)
Owner real estate officefirm (14,916,837 ISK per year, pre-tax.)
Respiratory therapy technician (8,081,359 ISK per year, pre-tax.)
Human-computer interaction designer (16,378,153 ISK per year, pre-tax.)
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