Home > Salary > Iceland > Principal Scientist
The occupation of a principal scientist is a highly specialized and senior-level position within the scientific field. Principal scientists are responsible for leading and managing research projects, developing innovative scientific strategies, and providing technical expertise to solve complex problems. They are often involved in designing experiments, analyzing data, and interpreting results. Principal scientists also play a crucial role in mentoring junior scientists, collaborating with cross-functional teams, and presenting findings to stakeholders.
Estimated Yearly Salary: 24,236,764 ISK
Estimated Monthly Salary: 2,019,730 ISK
Estimated Weekly Salary: 466,092 ISK per week
Estimated Hourly Salary: 11,652 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,958,325 ISK
Estimated Weekly Salary: 451,921 ISK per week
Estimated Hourly Salary: 11,298 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 169,510 USD
Estimated Monthly Salary: 14,126 USD
Estimated Weekly Salary: 3,260 USD per week
Estimated Hourly Salary: 81 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: 24,236,764 ISK
Estimated Monthly Salary: 2,019,730 ISK
Estimated Weekly Salary: 466,092 ISK per week
Estimated Hourly Salary: 11,652 ISK per hour
By working as Principal Scientist a person can save up to 11,397 USD per month or 136,764 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 Principal Scientist
Last revision of data: 2025-01-04
Data as of 2025
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Principal Scientist salary in Iceland
Average Yearly Salary of Principal Scientist in Iceland is approximately 24,236,764 ISK (169,510 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 Principal Scientist do?
The occupation of a principal scientist is a highly specialized and senior-level position within the scientific field. Principal scientists are responsible for leading and managing research projects, developing innovative scientific strategies, and providing technical expertise to solve complex problems. They are often involved in designing experiments, analyzing data, and interpreting results. Principal scientists also play a crucial role in mentoring junior scientists, collaborating with cross-functional teams, and presenting findings to stakeholders.
Skills: Principal Scientist, Research Projects, Scientific Strategies, Technical Expertise, Data Analysis, Problem Solving
Job industry: Research and development
Job industry: Research and development
How much does Principal Scientist make?
Salary details
How much does Principal Scientist make?Estimated Yearly Salary: 24,236,764 ISK
Estimated Monthly Salary: 2,019,730 ISK
Estimated Weekly Salary: 466,092 ISK per week
Estimated Hourly Salary: 11,652 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,499,905 ISKEstimated Monthly Salary: 1,958,325 ISK
Estimated Weekly Salary: 451,921 ISK per week
Estimated Hourly Salary: 11,298 ISK per hour
Last revision of data: 2024-01-02Principal Scientist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 169,510 USD
Estimated Monthly Salary: 14,126 USD
Estimated Weekly Salary: 3,260 USD per week
Estimated Hourly Salary: 81 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 Principal Scientist job salary compared to average salary in Iceland.
Comparison shows that a person working as Principal Scientist in Iceland earns on average:
2.71 times the average salary (or 271% 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 Principal Scientist job salary compared to average salary in Iceland.
Comparison shows that a person working as Principal Scientist in Iceland earns on average:
2.71 times the average salary (or 271% of average salary).
Is Principal Scientist a well paid job?
Yes, our data show that Principal Scientist 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 Principal Scientist?
High salary for Principal Scientist would be somewhere between 26,660,440 ISK and 35,143,308 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Principal Scientist 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: 24,236,764 ISK
Estimated Monthly Salary: 2,019,730 ISK
Estimated Weekly Salary: 466,092 ISK per week
Estimated Hourly Salary: 11,652 ISK per hour
By working as Principal Scientist a person can save up to 11,397 USD per month or 136,764 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 Principal Scientist
Norway is 237,560 USD
United Kingdom is 112,106 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:
Vascular ultrasonographer (12,441,143 ISK per year, pre-tax.)
Assistant coach (7,549,685 ISK per year, pre-tax.)
Localization producer (15,227,849 ISK per year, pre-tax.)
Sales agent produce (11,187,227 ISK per year, pre-tax.)
Quality assurance automation engineer (11,724,188 ISK per year, pre-tax.)
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