Home > Salary > New Zealand > Principal Mechanical Engineer
A principal mechanical engineer is a highly skilled professional responsible for leading and overseeing mechanical engineering projects. They play a crucial role in the design, development, and implementation of mechanical systems and components. Their main tasks include conducting research, analyzing data, and creating technical specifications. They collaborate closely with other engineers and professionals to ensure that projects meet quality standards and adhere to safety regulations. Additionally, they provide guidance and mentorship to junior engineers, review and approve project plans, and manage budgets and resources. This occupation requires strong analytical and problem-solving skills, as well as a deep understanding of mechanical engineering principles and practices.
Estimated Yearly Salary: 228,850 NZD
Estimated Monthly Salary: 19,071 NZD
Estimated Weekly Salary: 4,401 NZD per week
Estimated Hourly Salary: 110 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,488 NZD
Estimated Weekly Salary: 4,266 NZD per week
Estimated Hourly Salary: 107 NZD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 114,520 USD
Estimated Monthly Salary: 9,543 USD
Estimated Weekly Salary: 2,202 USD per week
Estimated Hourly Salary: 55 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 228,850 NZD
Estimated Monthly Salary: 19,071 NZD
Estimated Weekly Salary: 4,401 NZD per week
Estimated Hourly Salary: 110 NZD per hour
By working as Principal Mechanical Engineer a person can save up to 7,605 USD per month or 91,259 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 New Zealand, see costs of living in New Zealand.
Estimated Yearly Salary for Principal Mechanical Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Principal Mechanical Engineer salary in New Zealand
Average Yearly Salary of Principal Mechanical Engineer in New Zealand is approximately 228,850 NZD (114,520 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 Principal Mechanical Engineer do?
A principal mechanical engineer is a highly skilled professional responsible for leading and overseeing mechanical engineering projects. They play a crucial role in the design, development, and implementation of mechanical systems and components. Their main tasks include conducting research, analyzing data, and creating technical specifications. They collaborate closely with other engineers and professionals to ensure that projects meet quality standards and adhere to safety regulations. Additionally, they provide guidance and mentorship to junior engineers, review and approve project plans, and manage budgets and resources. This occupation requires strong analytical and problem-solving skills, as well as a deep understanding of mechanical engineering principles and practices.
Skills: Principal Mechanical Engineer, Mechanical Engineering, Project Management, Design and Development, Technical Specifications, Leadership
Job industry: Engineering
Job industry: Engineering
How much does Principal Mechanical Engineer make?
Salary details
How much does Principal Mechanical Engineer make?Estimated Yearly Salary: 228,850 NZD
Estimated Monthly Salary: 19,071 NZD
Estimated Weekly Salary: 4,401 NZD per week
Estimated Hourly Salary: 110 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 221,850 NZDEstimated Monthly Salary: 18,488 NZD
Estimated Weekly Salary: 4,266 NZD per week
Estimated Hourly Salary: 107 NZD per hour
Last revision of data: 2024-01-02Principal Mechanical Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 114,520 USD
Estimated Monthly Salary: 9,543 USD
Estimated Weekly Salary: 2,202 USD per week
Estimated Hourly Salary: 55 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Principal Mechanical Engineer job salary compared to average salary in New Zealand.
Comparison shows that a person working as Principal Mechanical Engineer in New Zealand earns on average:
2.83 times the average salary (or 283% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Principal Mechanical Engineer job salary compared to average salary in New Zealand.
Comparison shows that a person working as Principal Mechanical Engineer in New Zealand earns on average:
2.83 times the average salary (or 283% of average salary).
Is Principal Mechanical Engineer a well paid job?
Yes, our data show that Principal Mechanical 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 Principal Mechanical Engineer?
High salary for Principal Mechanical Engineer would be somewhere between 251,735 NZD and 331,833 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Principal Mechanical Engineer in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 228,850 NZD
Estimated Monthly Salary: 19,071 NZD
Estimated Weekly Salary: 4,401 NZD per week
Estimated Hourly Salary: 110 NZD per hour
By working as Principal Mechanical Engineer a person can save up to 7,605 USD per month or 91,259 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Principal Mechanical Engineer
Australia is 143,661 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Dental implant coordinator (82,995 NZD per year, pre-tax.)
Marking pricing clerk (28,560 NZD per year, pre-tax.)
Produce department manager (grocery) (63,364 NZD per year, pre-tax.)
Flagger (55,824 NZD per year, pre-tax.)
Diplomat (130,907 NZD per year, pre-tax.)
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