Senior Project Engineer salary in Iceland

Average Yearly Salary of Senior Project Engineer in Iceland is approximately 18,380,827 ISK (128,604 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 Project Engineer do?

A senior project engineer is responsible for overseeing and managing engineering projects from conception to completion. They collaborate with cross-functional teams, including engineers, architects, and contractors, to ensure the successful execution of projects. Senior project engineers develop project plans, establish timelines, and allocate resources effectively. They conduct feasibility studies, analyze data, and make recommendations to optimize project outcomes. Additionally, they monitor project progress, identify and resolve any issues or delays, and ensure compliance with safety regulations and industry standards. Senior project engineers also provide technical guidance and mentorship to junior team members, ensuring their professional growth and development.

Skills: senior project engineer, project management, engineering, construction, leadership, problem-solving
Job industry: Engineering

How much does Senior Project Engineer make?

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


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Salary comparison to National average

Is Senior Project Engineer a well paid job?

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

High salary for Senior Project Engineer would be somewhere between 20,218,910 ISK and 26,652,199 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Project 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: 18,380,827 ISK
Estimated Monthly Salary: 1,531,736 ISK
Estimated Weekly Salary: 353,477 ISK per week
Estimated Hourly Salary: 8,837 ISK per hour
By working as Senior Project Engineer a person can save up to 7,988 USD per month or 95,858 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 Project 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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