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Electrical Engineer Principal Salary in Keflavik, Iceland

How much does an Electrical Engineer Principal make in Keflavik, Iceland?

15.744.279 ISK (ISK)/year

Average Bonus

535.305 ISK (ISK)

per Year
Total Compensation

16.073.947,49 ISK

As of July, 23, 2026, the average electrical engineer principal gross salary in Keflavik, Iceland is 15.744.279 ISK or an equivalent hourly rate of 7.569 ISK. In addition, electrical engineer principals earn an average bonus of 535.305 ISK. An entry level electrical engineer principal with 1-3 years of experience earns an average salary of 11.096.883 ISK. At the higher end of the pay range, an senior level electrical engineer principal with 8+ years of experience earns an average salary of 18.127.704 ISK. Salary estimates are based on salary survey data collected directly from employers in Keflavik, Iceland.
Data powered by ERI

Salary Potential for an Electrical Engineer Principal

Explore the estimated salary growth for an Electrical Engineer Principal in Keflavik, Iceland for up to 5 years. The estimated salary of an Electrical Engineer Principal will be 16.644.458 ISK in 1 year and 20.790.130 ISK in 5 years.
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Estimated Salary
17.596.105 ISK
Average Growth
11,8%
The estimated salary for an Electrical Engineer Principal in 2 years is 17.596.105 ISK, which is 11,8% average growth. This information is based on ERI's compensation database.

Typical Electrical Engineer Principal Education

This chart displays the highest level of education for Electrical Engineer Principals.

  • 0% of Electrical Engineer Principals have less than a High School Diploma
  • 0% of Electrical Engineer Principals have a High School Diploma
  • 0% of Electrical Engineer Principals have an Associate's Degree
  • 100% of Electrical Engineer Principals have a Bachelor's Degree
  • 0% of Electrical Engineer Principals have a Master's Degree
  • 0% of Electrical Engineer Principals have a Doctorate Degree

The typical field of study for an Electrical Engineer Principal is Electrical and Electronics Engineering.

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Popular Skills for an Electrical Engineer Principal

Skills data not available for this job

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Cost of Living in Keflavik, Iceland

The cost of living in Keflavik, Iceland is 1% lower than the national average.
Cost of living trend lower
1% lower
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does an Electrical Engineer Principal do?
Designs and maintains complex low, medium, and high-voltage electrical systems, including distribution networks and central plant operations. Analyzes system performance and electrical load characteristics to ensure reliability, safety, and compliance with applicable codes. Leads the engineering design, development, and oversight of electrical infrastructure projects including substations, automation systems, and energy storage. Collaborates with cross-functional teams, contractors, and external agencies to deliver large-scale improvements. Evaluates electrical safety protocols and champions code compliance, acting as a technical subject matter expert for operations and maintenance teams.
How much does an Electrical Engineer Principal make in Keflavik, Iceland?
The average salary for an Electrical Engineer Principal is 15.744.279 ISK per year or 7.569,36 ISK per hour in Keflavik, Iceland. Top earners have reported making up to 18.127.704 ISK. However, the typical pay range in Keflavik, Iceland is between 11.096.883 ISK and 18.127.704 ISK annually.
What is the salary trajectory for an Electrical Engineer Principal?
Electrical Engineer Principal is projected to see a 32.0 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Electrical Engineer Principal salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

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

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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