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Engineer Principal Salary in Keflavik, Iceland
How much does an Engineer Principal make in Keflavik, Iceland?
18.034.356 ISK (ISK)/year
Average Bonus
1.146.985 ISK (ISK)
per Year
Total Compensation
18.940.909,04 ISK
Entry Level
12.600.605 ISK
Median
17.793.924 ISK
Senior Level
20.631.930 ISK
As of July, 23, 2026, the average engineer principal gross salary in Keflavik, Iceland is 18.034.356 ISK or an equivalent hourly rate of 8.670 ISK. In addition, engineer principals earn an average bonus of 1.146.985 ISK. An entry level engineer principal with 1-3 years of experience earns an average salary of 12.600.605 ISK. At the higher end of the pay range, an senior level engineer principal with 8+ years of experience earns an average salary of 20.631.930 ISK. Salary estimates are based on salary survey data collected directly from employers in Keflavik, Iceland.
Data powered by ERI
Salary Potential for an Engineer Principal
Explore the estimated salary growth for an Engineer Principal in Keflavik, Iceland for up to 5 years. The estimated salary of an Engineer Principal will be 19.065.470 ISK in 1 year and 23.814.149 ISK in 5 years.
View Salary by Year
Estimated Salary
20.155.539 ISK
Average Growth
11,8%
The estimated salary for an Engineer Principal in 2 years is 20.155.539 ISK, which is 11,8% average growth. This information is based on ERI's compensation database.
Typical Engineer Principal Education
This chart displays the highest level of education for Engineer Principals.
- 0% of Engineer Principals have less than a High School Diploma
- 0% of Engineer Principals have a High School Diploma
- 0% of Engineer Principals have an Associate's Degree
- 100% of Engineer Principals have a Bachelor's Degree
- 0% of Engineer Principals have a Master's Degree
- 0% of Engineer Principals have a Doctorate Degree
The typical field of study for an Engineer Principal is Mechanical Engineering.
See how education can impact your salaryPopular Skills for an Engineer Principal
Skills data not available for this job
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View moreCost of Living in Keflavik, Iceland
The cost of living in Keflavik, Iceland is 1% lower than the national average.
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 Engineer Principal do?
Manages all phases of technical engineering projects for an organization, provides guidance to the engineering teams working on the project, and assures the successful achievement of project goals. Oversees the conception, design, and initial specifications of a product or project, which may include mechanical, civil, electrical, chemical, or computer engineering; manages scheduling; and estimates and secures materials. Plans, directs, and implements advancements and improvements in project or product designs and implementation methods.
How much does an Engineer Principal make in Keflavik, Iceland?
The average salary for an Engineer Principal is 18.034.356 ISK per year or 8.670,36 ISK per hour in Keflavik, Iceland. Top earners have reported making up to 20.631.930 ISK. However, the typical pay range in Keflavik, Iceland is between 12.600.605 ISK and 20.631.930 ISK annually.
What is the salary trajectory for an Engineer Principal?
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 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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