Component Engineer
12.537.242 ISK (ISK)/yr
6.027,52 ISK (ISK)/hr
426.266 ISK (ISK)/yr
The average component engineer gross salary in Iceland is 12.537.242 ISK or an equivalent hourly rate of 6.028 ISK. In addition, they earn an average bonus of 426.266 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level component engineer (1-3 years of experience) earns an average salary of 8.823.711 ISK. On the other end, a senior level component engineer (8+ years of experience) earns an average salary of 14.342.800 ISK.
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16.555.275 ISK (ISK)
32 %
Based on our compensation data, the estimated salary potential for Component Engineer will increase 32 % over 5 years.
This chart displays the highest level of education for:
Component Engineer, the majority at 100% with bachelors.
Typical Field of Study: Mechanical Engineering
See how education can impact your salaryCost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageIceland is a Nordic island country between the Arctic Ocean and the North Atlantic Ocean, located on the Mid-Atlantic Ridge between Europe and North America. It is culturally and politically linked with Europe and is the region's westernmost and most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 35% of the country's roughly 395,000 residents (excluding nearby towns/suburbs, which are separate municipalities). The official language of the country is
Sourced from WikipediaERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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