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Physical Design Engineer salary in Iceland

Average Yearly Salary of Physical Design Engineer in Iceland is approximately 22,463,801 ISK (157,581 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 Physical Design Engineer do?

occupation personasA physical design engineer is responsible for designing and developing the physical layout of integrated circuits (ICs) and other electronic components. They work closely with a team of engineers to ensure that the design meets performance, power, and area targets. The role involves creating floor plans, placing components, routing connections, and optimizing the design for various constraints. Physical design engineers use industry-standard tools and methodologies to simulate and validate their designs, ensuring that they meet quality standards and are manufacturable.

Skills: Physical Design Engineer, Integrated Circuit Design, Electronic Component Design, Layout Design, Routing Optimization, Design Validation
Job industry: Engineering


How much does Physical Design Engineer make?

Salary details
How much does Physical Design Engineer make?
Estimated Yearly Salary: 22,463,801 ISK
Estimated Monthly Salary: 1,871,983 ISK
Estimated Weekly Salary: 431,996 ISK per week
Estimated Hourly Salary: 10,800 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 21,692,242 ISK
Estimated Monthly Salary: 1,807,687 ISK
Estimated Weekly Salary: 417,159 ISK per week
Estimated Hourly Salary: 10,429 ISK per hour
Last revision of data: 2024-01-08



Physical Design Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 157,581 USD
Estimated Monthly Salary: 13,132 USD
Estimated Weekly Salary: 3,030 USD per week
Estimated Hourly Salary: 76 USD per hour


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

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.

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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 Physical Design Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Physical Design Engineer in Iceland earns on average:
2.51 times the average salary (or 251% of average salary).

Is Physical Design Engineer a well paid job?

Yes, our data show that Physical Design Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Physical Design Engineer?

High salary for Physical Design Engineer would be somewhere between 24,710,181 ISK and 32,572,511 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Physical 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: 22,463,801 ISK
Estimated Monthly Salary: 1,871,983 ISK
Estimated Weekly Salary: 431,996 ISK per week
Estimated Hourly Salary: 10,800 ISK per hour
By working as Physical Design Engineer a person can save up to 10,403 USD per month or 124,835 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 Physical Design Engineer

Norway is 220,417 USDup arrow 40%
Details on Physical Design Engineer salary in Norway
United Kingdom is 103,354 USDdown arrow 34%
Details on Physical Design Engineer salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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This website offers salary estimates for educational purposes only. While we collect data from multiple providers, we cannot guarantee full accuracy. Users are encouraged to consult external organizations before making major financial moves. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the validity of the displayed salary figures. Your continued access of this site confirms your acceptance of these terms.
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