Soc Design Engineer salary in Iceland

Average Yearly Salary of Soc Design Engineer in Iceland is approximately 17,181,109 ISK (120,362 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 Soc Design Engineer do?

A SOC (System-on-Chip) Design Engineer is responsible for designing and developing integrated circuits that combine multiple functionalities onto a single chip. They work on the entire chip development cycle, from initial concept and architecture to design implementation and verification. SOC Design Engineers collaborate with cross-functional teams, including hardware engineers, software developers, and system architects, to ensure that the chip meets the required specifications and performance goals. Their tasks involve designing and optimizing digital circuits, creating RTL (Register Transfer Level) designs, performing synthesis and static timing analysis, and verifying the functionality of the chip through simulation and emulation. SOC Design Engineers also contribute to power optimization, testability, and physical design aspects of the chip.

Skills: SOC Design Engineer, Integrated Circuit Design, Chip Development, RTL Design, System-on-Chip, Digital Circuit Optimization.
Job industry: Semiconductor

How much does Soc Design 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 Soc Design Engineer a well paid job?

Yes, our data shows that Soc Design 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 Soc Design Engineer?

High salary for Soc Design Engineer would be somewhere between 18,899,220 ISK and 24,912,608 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Soc Design 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: 17,181,109 ISK
Estimated Monthly Salary: 1,431,759 ISK
Estimated Weekly Salary: 330,406 ISK per week
Estimated Hourly Salary: 8,260 ISK per hour
By working as Soc Design Engineer a person can save up to 7,301 USD per month or 87,616 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 Soc Design 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.

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Data as of 2025

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