Project Engineer Automotive salary in Iceland

Average Yearly Salary of Project Engineer Automotive in Iceland is approximately 13,850,522 ISK (96,865 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 Automotive do?

A project engineer in the automotive industry is responsible for overseeing and managing various aspects of automotive projects. They work closely with cross-functional teams to ensure that projects are completed on time, within budget, and meet all quality standards. Their main responsibilities include planning and coordinating project activities, tracking progress, identifying and resolving any issues or risks, and ensuring compliance with industry regulations and customer requirements. Project engineers also play a crucial role in conducting feasibility studies, developing project plans, and implementing effective strategies to optimize project performance. They must possess strong technical knowledge of automotive engineering principles, excellent problem-solving skills, and the ability to communicate effectively with team members and stakeholders.

Skills: project engineer, automotive industry, project management, cross-functional teams, quality standards, feasibility studies
Job industry: Automotive

How much does Project Engineer Automotive make?

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


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Salary comparison to National average

Is Project Engineer Automotive a well paid job?

Yes, our data shows that Project Engineer Automotive 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 Automotive?

High salary for Project Engineer Automotive would be somewhere between 15,235,574 ISK and 20,083,257 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Engineer Automotive 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: 13,850,522 ISK
Estimated Monthly Salary: 1,154,210 ISK
Estimated Weekly Salary: 266,356 ISK per week
Estimated Hourly Salary: 6,659 ISK per hour
By working as Project Engineer Automotive a person can save up to 5,343 USD per month or 64,119 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 Automotive

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.

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Data as of 2025

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