Mts Design Engineer salary in Iceland

Average Yearly Salary of Mts Design Engineer in Iceland is approximately 13,729,261 ISK (95,881 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 Mts Design Engineer do?

A MTS (Member of Technical Staff) Design Engineer is responsible for designing and developing complex systems, products, or components in various industries such as technology, manufacturing, or telecommunications. They work closely with cross-functional teams to understand customer requirements and translate them into innovative design solutions. The design engineer utilizes their expertise in engineering principles, computer-aided design (CAD) software, and simulation tools to create detailed designs, prototypes, and test plans. They conduct thorough analysis and evaluation of design alternatives to ensure the final product meets quality standards and performance objectives. Additionally, they collaborate with manufacturing and production teams to optimize designs for cost-effectiveness and manufacturability.

Skills: MTS Design Engineer, Engineering, Product Development, CAD, Simulation, Manufacturing Optimization
Job industry: Engineering

How much does Mts Design Engineer make?

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


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Salary comparison to National average

Is Mts Design Engineer a well paid job?

Yes, our data shows that Mts 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 Mts Design Engineer?

High salary for Mts Design Engineer would be somewhere between 15,102,187 ISK and 19,907,428 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mts 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: 13,729,261 ISK
Estimated Monthly Salary: 1,144,105 ISK
Estimated Weekly Salary: 264,024 ISK per week
Estimated Hourly Salary: 6,601 ISK per hour
By working as Mts Design Engineer a person can save up to 5,261 USD per month or 63,135 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 Mts 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.

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Data as of 2025

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