Home > Salary > Iceland > Project Engineer
A project engineer is responsible for overseeing and managing engineering projects from start to finish. They collaborate with various stakeholders, including clients, architects, and contractors, to ensure that projects are completed on time, within budget, and according to specifications. Project engineers analyze project requirements, develop plans, and create schedules to guide the project team. They also coordinate resources, track progress, and address any issues or obstacles that may arise during the project's lifecycle. Additionally, project engineers are involved in quality control, risk assessment, and documentation management.
Estimated Yearly Salary: 13,784,534 ISK
Estimated Monthly Salary: 1,148,711 ISK
Estimated Weekly Salary: 265,087 ISK per week
Estimated Hourly Salary: 6,627 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,107,654 ISK
Estimated Weekly Salary: 255,613 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 95,924 USD
Estimated Monthly Salary: 7,994 USD
Estimated Weekly Salary: 1,845 USD per week
Estimated Hourly Salary: 46 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 13,784,534 ISK
Estimated Monthly Salary: 1,148,711 ISK
Estimated Weekly Salary: 265,087 ISK per week
Estimated Hourly Salary: 6,627 ISK per hour
By working as Project Engineer a person can save up to 5,265 USD per month or 63,178 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 Project Engineer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Project Engineer salary in Iceland
Average Yearly Salary of Project Engineer in Iceland is approximately 13,784,534 ISK (95,924 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 Project Engineer do?
A project engineer is responsible for overseeing and managing engineering projects from start to finish. They collaborate with various stakeholders, including clients, architects, and contractors, to ensure that projects are completed on time, within budget, and according to specifications. Project engineers analyze project requirements, develop plans, and create schedules to guide the project team. They also coordinate resources, track progress, and address any issues or obstacles that may arise during the project's lifecycle. Additionally, project engineers are involved in quality control, risk assessment, and documentation management.
Skills: project management, engineering, construction, problem-solving, communication, leadership
Job industry: Engineering
Job industry: Engineering
How much does Project Engineer make?
Salary details
How much does Project Engineer make?Estimated Yearly Salary: 13,784,534 ISK
Estimated Monthly Salary: 1,148,711 ISK
Estimated Weekly Salary: 265,087 ISK per week
Estimated Hourly Salary: 6,627 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,291,850 ISKEstimated Monthly Salary: 1,107,654 ISK
Estimated Weekly Salary: 255,613 ISK per week
Estimated Hourly Salary: 6,390 ISK per hour
Last revision of data: 2024-01-03Project Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 95,924 USD
Estimated Monthly Salary: 7,994 USD
Estimated Weekly Salary: 1,845 USD per week
Estimated Hourly Salary: 46 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Project Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Engineer in Iceland earns on average:
1.54 times the average salary (or 154% 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 Project Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Engineer in Iceland earns on average:
1.54 times the average salary (or 154% of average salary).
Is Project Engineer a well paid job?
Yes, our data shows that Project 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 Project Engineer?
High salary for Project Engineer would be somewhere between 15,162,987 ISK and 19,987,574 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Project 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: 13,784,534 ISK
Estimated Monthly Salary: 1,148,711 ISK
Estimated Weekly Salary: 265,087 ISK per week
Estimated Hourly Salary: 6,627 ISK per hour
By working as Project Engineer a person can save up to 5,265 USD per month or 63,178 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 Project Engineer
Norway is 134,349 USD
United Kingdom is 63,478 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:
Hvac controls engineer (9,252,345 ISK per year, pre-tax.)
Aviation mechanic (8,144,275 ISK per year, pre-tax.)
Vendor analyst (11,009,649 ISK per year, pre-tax.)
Client development manager (10,650,267 ISK per year, pre-tax.)
Computer support specialist (5,456,562 ISK per year, pre-tax.)
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The salary estimates on this website are meant for informational purposes exclusively. We compile salary data from varied providers, but do not guarantee absolute precision. Users must independently verify salaries before making career decisions. Salary fluctuations occur due to industry standards, demand shifts, and location. We deny any warranty regarding the validity of the listed salary data. By accessing this site, you acknowledge that salary data is subject to updates.