Mechanical Engineer
12.412.876 ISK (ISK)/yr
5.967,73 ISK (ISK)/hr
433.209 ISK (ISK)/yr
The average mechanical engineer gross salary in Reykjavik, Iceland is 12.412.876 ISK or an equivalent hourly rate of 5.968 ISK. This is 1% higher (+159.301 ISK) than the average mechanical engineer salary in Iceland. In addition, they earn an average bonus of 433.209 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Reykjavik, Iceland. An entry level mechanical engineer (1-3 years of experience) earns an average salary of 8.723.520 ISK. On the other end, a senior level mechanical engineer (8+ years of experience) earns an average salary of 15.446.582 ISK.
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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.
15.872.523 ISK (ISK)
28 %
Based on our compensation data, the estimated salary potential for Mechanical Engineer will increase 28 % over 5 years.
This chart displays the highest level of education for:
Mechanical Engineer, the majority at 63% with bachelors.
Typical Field of Study: Mechanical Engineering
See how education can impact your salaryThe 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.
View Cost of Living PageReykjavík ( RAYK-yə-vik, -veek; Icelandic: [ˈreiːcaˌviːk] ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08′ N, making it the world's northernmost capital of a sovereign state. Reykjavík has a population of around 140,000 as of 2023 (up from 121,822 in 2015). The Capital Region has a population of around 248,000. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which...
Sourced from WikipediaHow Much Should You Be Paid?
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
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.
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