Ocean Engineer salary in Iceland

Average Yearly Salary of Ocean Engineer in Iceland is approximately 14,470,055 ISK (100,767 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 Ocean Engineer do?

An ocean engineer is a professional who specializes in the design, construction, and maintenance of structures and systems used in the marine environment. They apply engineering principles and techniques to solve challenges related to offshore structures, underwater vehicles, coastal erosion, and renewable energy systems. Ocean engineers work on a wide range of projects, such as designing offshore oil rigs, developing underwater robots for exploration and research, creating coastal protection systems against erosion and flooding, and harnessing wave and tidal energy for power generation. They collaborate with scientists, naval architects, and environmental experts to ensure that their designs are safe, efficient, and environmentally sustainable.

Skills: Ocean engineer, Marine engineering, Offshore structures, Underwater robotics, Coastal protection, Renewable energy systems
Job industry: Marine engineering

How much does Ocean Engineer make?

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


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Salary comparison to National average

Is Ocean Engineer a well paid job?

Yes, our data shows that Ocean 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 Ocean Engineer?

High salary for Ocean Engineer would be somewhere between 15,917,061 ISK and 20,981,580 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Ocean 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: 14,470,055 ISK
Estimated Monthly Salary: 1,205,838 ISK
Estimated Weekly Salary: 278,270 ISK per week
Estimated Hourly Salary: 6,957 ISK per hour
By working as Ocean Engineer a person can save up to 5,668 USD per month or 68,021 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 Ocean 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

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