Mechanical Design Engineer salary in Iceland

Average Yearly Salary of Mechanical Design Engineer in Iceland is approximately 14,110,037 ISK (98,333 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 Mechanical Design Engineer do?

A mechanical design engineer is a professional who specializes in the creation and development of mechanical systems, products, and components. They utilize their knowledge of engineering principles, computer-aided design (CAD) software, and problem-solving skills to design and improve mechanical systems for various industries such as automotive, aerospace, manufacturing, and consumer goods. Mechanical design engineers are responsible for conducting research, conceptualizing designs, creating detailed drawings, and collaborating with other engineers and stakeholders to ensure the functionality, safety, and efficiency of the final product. They may also perform tests and simulations to evaluate the performance and durability of their designs. Attention to detail, strong analytical abilities, and proficiency in CAD software are essential for success in this occupation.

Skills: Mechanical Design Engineer, Engineering, CAD, Product Development, Problem-solving, Mechanical Systems
Job industry: Engineering

How much does Mechanical Design Engineer make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Mechanical Design Engineer a well paid job?

Yes, our data shows that Mechanical Design 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 Mechanical Design Engineer?

High salary for Mechanical Design Engineer would be somewhere between 15,521,041 ISK and 20,459,554 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mechanical Design 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: 14,110,037 ISK
Estimated Monthly Salary: 1,175,836 ISK
Estimated Weekly Salary: 271,347 ISK per week
Estimated Hourly Salary: 6,784 ISK per hour
By working as Mechanical Design Engineer a person can save up to 5,466 USD per month or 65,587 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 Mechanical Design Engineer

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

Random salary:
Electronic assembler (6,592,729 ISK per year, pre-tax.)
Crm senior manager (13,364,589 ISK per year, pre-tax.)
Chief information security officer (26,759,874 ISK per year, pre-tax.)
Carpenter helper (5,848,414 ISK per year, pre-tax.)
Title supervisor (8,619,773 ISK per year, pre-tax.)

Feedback about these results