Research Engineer salary in Iceland

Average Yearly Salary of Research Engineer in Iceland is approximately 16,236,697 ISK (113,605 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 Research Engineer do?

A research engineer is a professional who conducts scientific investigations and experiments to develop new technologies, improve existing products, or solve complex engineering problems. They work in various industries such as automotive, aerospace, electronics, and renewable energy. Research engineers are responsible for designing and implementing experiments, analyzing and interpreting data, and documenting their findings. They collaborate with other engineers and scientists to develop innovative solutions and contribute to the advancement of knowledge in their field. Research engineers may also be involved in writing research proposals, securing funding, and presenting their work at conferences or in scientific publications.

Skills: Research engineer, Scientific investigations, Experimental design, Data analysis, Innovative solutions, Engineering problems.
Job industry: Engineering

How much does Research Engineer make?

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


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Salary comparison to National average

Is Research Engineer a well paid job?

Yes, our data shows that Research 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 Research Engineer?

High salary for Research Engineer would be somewhere between 17,860,367 ISK and 23,543,211 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Research 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: 16,236,697 ISK
Estimated Monthly Salary: 1,353,058 ISK
Estimated Weekly Salary: 312,244 ISK per week
Estimated Hourly Salary: 7,806 ISK per hour
By working as Research Engineer a person can save up to 6,738 USD per month or 80,859 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 Research Engineer

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.

Top 10 highest salaries in Iceland

Data as of 2025

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