Development Engineer Software

15.744.269 ISK (ISK)/yr

7.569,36 ISK (ISK)/hr

702.194 ISK (ISK)/yr

The average development engineer software gross salary in Reykjavik, Iceland is 15.744.269 ISK or an equivalent hourly rate of 7.569 ISK. This is 1% higher (+202.050 ISK) than the average development engineer software salary in Iceland. In addition, they earn an average bonus of 702.194 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Reykjavik, Iceland. An entry level development engineer software (1-3 years of experience) earns an average salary of 11.048.698 ISK. On the other end, a senior level development engineer software (8+ years of experience) earns an average salary of 17.969.323 ISK.

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Salary Potential

20.729.714 ISK (ISK)

32 %

Based on our compensation data, the estimated salary potential for Development Engineer Software will increase 32 % over 5 years.

Education

This chart displays the highest level of education for:
Development Engineer Software, the majority at 62% with bachelors.

Typical Field of Study: Computer Programming, Specific Applications

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City Overview

Reykjavik, Iceland

The cost of living in Reykjavik, Iceland is 11% more than the average cost of living in Iceland. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Reykjavík is the capital and largest city of Iceland. It is located on the southern shore of the Faxaflói bay in southwest Iceland and has a latitude of 64°08′ N, making it the world's northernmost capital of a sovereign state. Reykjavík has a population of around 139,000 as of 2025, and the surrounding Capital Region has a population of around 249,000, constituting approximately 64% of Iceland's population. According to Landnámabók, the settlement of Iceland began in Reykjavík when Ingólfur Arn

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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI'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.

Job Description
Develops, researches, designs, implements, tests, and evaluates software and systems, in conjunction with hardware product development, that enable computers to perform their applications, applying principles and techniques of computer science, engineering, and mathematical analysis. Excludes paraprofessional positions.
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