Monthly and annual Salary for a Petroleum Engineer in Iceland
| Petroleum Engineer, Iceland | Data |
|---|---|
| Population | 343,599 |
| Cost of Living Index | 92.30 |
| Monthly Salary | $15,759.33 |
| Annual Salary | $189,112.00 |
| Adjusted Monthly Salary | $17,074.03 |
| Adjusted Annual Salary | $204,888.41 |
The estimated monthly salary for a Petroleum Engineer in Iceland is $15,759.33, with an estimated annual salary of $189,112.00.
Considering the cost of living index of 92.30, the adjusted monthly salary is $17,074.03, and the adjusted annual salary is $204,888.41.
Salary for a Petroleum Engineer in Iceland by Experience Level
However, the salary for a Petroleum Engineer in Iceland varies significantly between $141,834.00 and $236,390.00 per year depending on experience level and skills.
- In the early career the monthly salary of Petroleum Engineers in Iceland is approximately $13,395.43, with an annual salary of $160,745.20.
- At the median level (around 5 years of experience), Petroleum Engineers in Iceland typically earn around $15,759.33 per month, which equates to an annual salary of $189,112.00.
- For Senior Level Petroleum Engineers in Iceland the monthly salary can rise to approximately $18,123.23, with an annual salary of $217,478.80.
| Petroleum Engineer, Iceland | Years of Experience | Monthly Salary | Annual Salary |
|---|---|---|---|
| Entry Level | 0-2 | $11,820 | $141,834 |
| Early Carer | 2-5 | $13,395 | $160,745 |
| Mid-Career | 5-10 | $15,759 | $189,112 |
| Experienced | 10-20 | $18,123 | $217,479 |
| Senior | 20+ | $19,699 | $236,390 |
About the Data
The salary figures presented for a Petroleum Engineer in Iceland are calculated using reliable and authoritative data sources. We use salary benchmarks from trusted databases in the U.S. and adjust them based on localized salary factors specific to each country like in Iceland.
These adjustments are made using data from reputable sources, including Numbeo, a global leader in cost of living data, and the World Bank, which provides comprehensive economic indicators for the Engineering Sector in Iceland.
Job Market Information for a Petroleum Engineer in Iceland
In Iceland, a country located in the
Europe, the role of a Petroleum Engineer
is highly valued, especially within the country's key industries.
With a population of approximately 343,599 people,
Iceland and a growing demand in the key industry sectory Manufacturing, Iceland continues to be a hub for talent in companies like Landsbankinn, Marel, Icelandair.
- If you're looking to explore the earning potential of a Petroleum Engineer in Iceland and beyond, check out our Salary Country Rankings. This will give you a comprehensive comparison of how salaries for this role vary internationally.
- For a more in-depth understanding of the duties, responsibilities, and growth opportunities of a Petroleum Engineer in Iceland, be sure to view the full job description.
- If you're actively seeking new opportunities Iceland, browse available jobs for Petroleum Engineers and related roles.
Cityjobs.info helps Petroleum Engineers connect with employers in Iceland and around the world.
