Senior Estimator salary in Iceland

Average Yearly Salary of Senior Estimator in Iceland is approximately 17,054,723 ISK (119,130 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 Senior Estimator do?

A senior estimator is a professional responsible for analyzing project specifications, conducting cost analysis, and preparing accurate estimates for construction projects. They work closely with architects, engineers, and project managers to determine the scope of work, materials required, labor costs, and other expenses. Senior estimators use their expertise to evaluate project risks, identify potential issues, and propose cost-effective solutions. Their main duties include reviewing blueprints and technical documents, conducting site visits, soliciting bids from subcontractors and suppliers, and creating detailed estimates. They also collaborate with stakeholders to ensure that estimates align with project goals and budget constraints. Senior estimators must possess strong analytical skills, attention to detail, and the ability to interpret complex data. They should also have excellent communication and negotiation skills to liaise with various stakeholders.

Skills: senior estimator, construction estimator, cost analysis, project estimation, construction industry, construction projects.
Job industry: Construction

How much does Senior Estimator make?

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


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Salary comparison to National average

Is Senior Estimator a well paid job?

Yes, our data shows that Senior Estimator 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 Senior Estimator?

High salary for Senior Estimator would be somewhere between 18,760,195 ISK and 24,729,348 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Estimator 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: 17,054,723 ISK
Estimated Monthly Salary: 1,421,227 ISK
Estimated Weekly Salary: 327,975 ISK per week
Estimated Hourly Salary: 8,199 ISK per hour
By working as Senior Estimator a person can save up to 7,199 USD per month or 86,384 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 Senior Estimator

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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