Home > Salary > Iceland > Project Engineer Electronics
A Project Engineer in Electronics is responsible for overseeing the development and implementation of electronic projects. They work closely with design teams to ensure that project specifications are met, and manage the entire project lifecycle from concept to completion. This occupation requires strong technical knowledge in electronics engineering and the ability to troubleshoot and solve complex problems. Project Engineers in Electronics coordinate with various stakeholders, including clients, suppliers, and cross-functional teams, to ensure timely delivery of projects within budgetary constraints. They also conduct risk assessments, manage project schedules, and provide technical support during project execution. Attention to detail, excellent communication skills, and the ability to work in a fast-paced environment are crucial for success in this role.
Estimated Yearly Salary: 16,805,987 ISK
Estimated Monthly Salary: 1,400,499 ISK
Estimated Weekly Salary: 323,192 ISK per week
Estimated Hourly Salary: 8,080 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,355,759 ISK
Estimated Weekly Salary: 312,868 ISK per week
Estimated Hourly Salary: 7,822 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 117,945 USD
Estimated Monthly Salary: 9,829 USD
Estimated Weekly Salary: 2,268 USD per week
Estimated Hourly Salary: 57 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: 16,805,987 ISK
Estimated Monthly Salary: 1,400,499 ISK
Estimated Weekly Salary: 323,192 ISK per week
Estimated Hourly Salary: 8,080 ISK per hour
By working as Project Engineer Electronics a person can save up to 7,100 USD per month or 85,199 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 Electronics
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Personal chef (6,326,422 ISK per year, pre-tax.)
Director physical therapy (16,375,502 ISK per year, pre-tax.)
Data center technician (6,879,937 ISK per year, pre-tax.)
Hospital education coordinator (8,949,782 ISK per year, pre-tax.)
Offset printing pressman (8,346,760 ISK per year, pre-tax.)
Project Engineer Electronics salary in Iceland
Average Yearly Salary of Project Engineer Electronics in Iceland is approximately 16,805,987 ISK (117,945 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 Electronics do?

Skills: Project Engineer, Electronics, Electronics Engineering, Project Management, Technical Support, Troubleshooting
Job industry: Electronics
Job industry: Electronics
How much does Project Engineer Electronics make?
Salary details
How much does Project Engineer Electronics make?Estimated Yearly Salary: 16,805,987 ISK
Estimated Monthly Salary: 1,400,499 ISK
Estimated Weekly Salary: 323,192 ISK per week
Estimated Hourly Salary: 8,080 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 16,269,110 ISKEstimated Monthly Salary: 1,355,759 ISK
Estimated Weekly Salary: 312,868 ISK per week
Estimated Hourly Salary: 7,822 ISK per hour
Project Engineer Electronics estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 117,945 USD
Estimated Monthly Salary: 9,829 USD
Estimated Weekly Salary: 2,268 USD per week
Estimated Hourly Salary: 57 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Electronics job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Engineer Electronics in Iceland earns on average:
1.88 times the average salary (or 188% 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 Electronics job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Engineer Electronics in Iceland earns on average:
1.88 times the average salary (or 188% of average salary).
Is Project Engineer Electronics a well paid job?
Yes, our data shows that Project Engineer Electronics 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 Electronics?
High salary for Project Engineer Electronics would be somewhere between 18,486,586 ISK and 24,368,681 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Project Engineer Electronics 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: 16,805,987 ISK
Estimated Monthly Salary: 1,400,499 ISK
Estimated Weekly Salary: 323,192 ISK per week
Estimated Hourly Salary: 8,080 ISK per hour
By working as Project Engineer Electronics a person can save up to 7,100 USD per month or 85,199 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 Electronics
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 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.)
Random salary:
Personal chef (6,326,422 ISK per year, pre-tax.)
Director physical therapy (16,375,502 ISK per year, pre-tax.)
Data center technician (6,879,937 ISK per year, pre-tax.)
Hospital education coordinator (8,949,782 ISK per year, pre-tax.)
Offset printing pressman (8,346,760 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.

optisalary.com aggregates salary data for reference purposes exclusively.
optisalary.com compiles salary information for educational use only. While we strive to present accurate figures, we cannot warrant their absolute reliability. Users are strongly encouraged to check with additional sources before finalizing career-related plans. Salary figures fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We make no claims as to the correctness of the listed information. Your use of this site indicates acceptance of this disclaimer.
optisalary.com presents salary insights for educational purposes only. While we gather data from multiple sources, we cannot guarantee full reliability. Users are encouraged to consult external platforms before making major financial moves. Salaries shift due to various factors, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the validity of the displayed salary data. Your use of this site indicates your understanding of these conditions.