Professional Engineer salary in Iceland

Average Yearly Salary of Professional Engineer in Iceland is approximately 15,714,190 ISK (110,395 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 Professional Engineer do?

A professional engineer is a highly skilled individual who applies scientific and mathematical principles to design, develop, and maintain various structures, systems, and processes. They work in a wide range of industries, including manufacturing, construction, energy, and transportation. Professional engineers are responsible for creating innovative solutions, ensuring the safety and efficiency of projects, and adhering to industry regulations and standards. Their duties typically involve conducting research, analyzing data, creating technical drawings and specifications, overseeing construction or manufacturing processes, and collaborating with other professionals such as architects and technicians. Professional engineers may specialize in different fields, such as civil, mechanical, electrical, or chemical engineering, and may also be involved in project management and quality control.

Skills: Professional Engineer, Engineering, Design, Project Management, Innovation, Safety.
Job industry: Engineering

How much does Professional Engineer make?

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


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

Salary comparison to National average

Is Professional Engineer a well paid job?

Yes, our data shows that Professional 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 Professional Engineer?

High salary for Professional Engineer would be somewhere between 17,285,609 ISK and 22,785,576 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Professional 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: 15,714,190 ISK
Estimated Monthly Salary: 1,309,516 ISK
Estimated Weekly Salary: 302,196 ISK per week
Estimated Hourly Salary: 7,555 ISK per hour
By working as Professional Engineer a person can save up to 6,471 USD per month or 77,649 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 Professional 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:
Manufacturing technician aerospace (6,642,766 ISK per year, pre-tax.)
Notary signing agent (8,066,141 ISK per year, pre-tax.)
Avionics engineer (17,662,473 ISK per year, pre-tax.)
Sterile processing manager (11,992,734 ISK per year, pre-tax.)
Certified athletic trainer (8,921,489 ISK per year, pre-tax.)

Feedback about these results