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Railroad Engineer salary in Iceland

Average Yearly Salary of Railroad Engineer in Iceland is approximately 15,665,876 ISK (109,247 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 Railroad Engineer do?

occupation personasA railroad engineer is a professional responsible for operating and controlling locomotives or trains on railway tracks. They ensure the safe and efficient transportation of goods and passengers by adhering to established schedules, following safety procedures, and maintaining communication with other train crew members, dispatchers, and station personnel. Railroad engineers are skilled in operating locomotives, monitoring track conditions, and adjusting speed as required. They must possess a strong understanding of railroad systems, signaling, and safety regulations. Additionally, they may be required to inspect equipment, troubleshoot mechanical issues, and perform minor repairs.

Skills: railroad engineer, locomotive operator, train driver, rail transportation specialist, railway operations, safety regulations
Job industry: Transportation


How much does Railroad Engineer make?

Salary details
How much does Railroad Engineer make?
Estimated Yearly Salary: 15,665,876 ISK
Estimated Monthly Salary: 1,305,490 ISK
Estimated Weekly Salary: 301,267 ISK per week
Estimated Hourly Salary: 7,532 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 15,099,513 ISK
Estimated Monthly Salary: 1,258,293 ISK
Estimated Weekly Salary: 290,375 ISK per week
Estimated Hourly Salary: 7,259 ISK per hour
Last revision of data: 2024-01-06



Railroad Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 109,247 USD
Estimated Monthly Salary: 9,104 USD
Estimated Weekly Salary: 2,101 USD per week
Estimated Hourly Salary: 53 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Railroad Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Railroad Engineer in Iceland earns on average:
1.75 times the average salary (or 175% of average salary).

Is Railroad Engineer a well paid job?

Yes, our data shows that Railroad 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 Railroad Engineer?

High salary for Railroad Engineer would be somewhere between 17,232,464 ISK and 22,715,520 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Railroad 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: 15,665,876 ISK
Estimated Monthly Salary: 1,305,490 ISK
Estimated Weekly Salary: 301,267 ISK per week
Estimated Hourly Salary: 7,532 ISK per hour
By working as Railroad Engineer a person can save up to 6,375 USD per month or 76,501 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 Railroad Engineer

Norway is 152,641 USDup arrow 40%
Details on Railroad Engineer salary in Norway
United Kingdom is 71,604 USDdown arrow 34%
Details on Railroad Engineer salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are intended for informational purposes only.
This website offers salary estimates for educational purposes only. While we collect data from multiple sources, we cannot ensure absolute accuracy. Users are advised to consult external platforms before making major financial moves. Salaries fluctuate due to various elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary data. Your use of this site indicates your acceptance of these conditions.
This website aggregates salary data for informational purposes exclusively. We strive to provide accurate figures, but do not guarantee their validity. Users are urged to check alternative sources before making financial decisions. Salary amounts can fluctuate due to company policies, market demands, and skills. We assume no responsibility for inconsistencies in the salary information provided. Your engagement with this site indicates agreement of this disclaimer.