Project Engineer Aviationaerospace salary in Iceland

Average Yearly Salary of Project Engineer Aviationaerospace in Iceland is approximately 19,186,531 ISK (134,090 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 Aviationaerospace do?

A project engineer in the aviation/aerospace industry is responsible for overseeing and managing various aspects of a project, from its conception to completion. They work closely with a team of engineers, technicians, and other professionals to ensure that projects are completed on time, within budget, and meet all necessary quality and safety standards. The project engineer is involved in planning, organizing, and coordinating all project activities, including design, development, testing, and implementation. This role requires a strong technical background in aviation/aerospace engineering, as well as excellent project management skills. Project engineers must have a deep understanding of industry regulations, standards, and best practices. They must also possess strong communication and leadership skills to effectively collaborate with cross-functional teams and stakeholders. Attention to detail, problem-solving abilities, and the ability to work under pressure are essential.

Skills: project engineer, aviation, aerospace, project management, engineering, technical skills
Job industry: Aviation/aerospace

How much does Project Engineer Aviationaerospace make?

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


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Salary comparison to National average

Is Project Engineer Aviationaerospace a well paid job?

Yes, our data show that Project Engineer Aviationaerospace 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 Project Engineer Aviationaerospace?

High salary for Project Engineer Aviationaerospace would be somewhere between 21,105,184 ISK and 27,820,470 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Engineer Aviationaerospace 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: 19,186,531 ISK
Estimated Monthly Salary: 1,598,878 ISK
Estimated Weekly Salary: 368,972 ISK per week
Estimated Hourly Salary: 9,224 ISK per hour
By working as Project Engineer Aviationaerospace a person can save up to 8,445 USD per month or 101,344 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 Aviationaerospace

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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