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Average Salary - Iceland ICELAND / SALARY


SALARY SURVEYS

108

UPDATED
May 2022
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

128.54 ISK = 1 USD

7,810,756 ISK

$60,765 USD

4,113,292 ISK

$32,000 USD

Average Salary / Iceland

Average salary in Iceland is 7,810,756 ISK per year. The most typical earning is 4,113,292 ISK. All data are based on 108 salary surveys. Salaries are different between men and women. Men receive an average salary of 8,200,876 ISK. Women receive a salary of 6,966,888 ISK.

The most paid careers are Health Care & Medical with average income 14,293,690 ISK and Properties & Real Estates with income 13,689,551 ISK.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 12,609,811 ISK. The second most paid education level is Some College with salary of 8,856,432 ISK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 10,771,684 ISK. Employees with 8-12 Years of experience receive 9,383,448 ISK.

Levels / Iceland (Gross ISK)

Salary Levels (ISK) per Year Surveys [%]
385,600 ISK - 642,599 ISK
0 n/a
642,700 ISK - 1,285,299 ISK
0 n/a
1,285,400 ISK - 1,927,999 ISK
1 100%
0.93%
1,928,100 ISK - 2,570,699 ISK
5 99.07%
4.63%
2,570,800 ISK - 3,213,399 ISK
8 94.44%
7.41%
3,213,500 ISK - 3,856,099 ISK
6 87.04%
5.56%
THE MOST TYPICAL SALARY
3,856,200 ISK - 4,498,799 ISK
10 81.48%
9.26%
4,498,900 ISK - 5,141,499 ISK
6 72.22%
5.56%
5,141,600 ISK - 5,784,199 ISK
5 66.67%
4.63%
5,784,300 ISK - 6,426,899 ISK
7 62.04%
6.48%
6,427,000 ISK - 7,069,599 ISK
7 55.56%
6.48%
7,069,700 ISK - 7,712,299 ISK
7 49.07%
6.48%
7,712,400 ISK - 8,354,999 ISK
7 42.59%
6.48%
8,355,100 ISK - 8,997,699 ISK
7 36.11%
6.48%
8,997,800 ISK - 9,640,399 ISK
5 29.63%
4.63%
9,640,500 ISK - 10,283,099 ISK
4 25%
3.7%
10,283,200 ISK - 10,925,799 ISK
4 21.3%
3.7%
10,925,900 ISK - 11,568,499 ISK
2 17.59%
1.85%
11,568,600 ISK - 12,211,199 ISK
2 15.74%
1.85%
12,211,300 ISK - 12,853,899 ISK
4 13.89%
3.7%
12,854,000 ISK - 13,496,599 ISK
1 10.19%
0.93%
13,496,700 ISK - 14,139,299 ISK
3 9.26%
2.78%
14,139,400 ISK - 14,781,999 ISK
0 n/a
14,782,100 ISK - 15,424,699 ISK
1 6.48%
0.93%
15,424,800 ISK - 16,067,399 ISK
0 n/a
16,067,500 ISK - 16,710,099 ISK
0 n/a
16,710,300 ISK - 17,352,799 ISK
1 5.56%
0.93%
17,353,000 ISK - 17,995,499 ISK
1 4.63%
0.93%
17,995,700 ISK - 18,638,199 ISK
0 n/a
18,638,400 ISK - 19,280,899 ISK
0 n/a
HIGH SALARIES
19,281,100 ISK - 20,566,299 ISK
1 3.7%
0.93%
20,566,500 ISK - 21,851,699 ISK
0 n/a
21,851,900 ISK - 23,137,099 ISK
2 2.78%
1.85%
23,137,300 ISK - 24,422,499 ISK
0 n/a
24,422,700 ISK - 25,707,899 ISK
0 n/a
25,708,100 ISK - 26,993,399 ISK
0 n/a
26,993,500 ISK - 28,278,799 ISK
0 n/a
28,278,900 ISK - 29,564,199 ISK
0 n/a
29,564,300 ISK - 30,849,599 ISK
0 n/a
30,849,700 ISK - 32,134,999 ISK
1 0.93%
0.93%
32,135,100 ISK - 44,989,099 ISK
0 n/a

Gender / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Men 74 8,200,876 ISK
2 Women 25 6,966,888 ISK

Education / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 5 12,609,811 ISK
2 Some College 13 8,856,432 ISK
3 Masters Degree 27 8,779,308 ISK
4 Bachelors Degree 36 7,750,985 ISK
5 High School 24 5,642,922 ISK
6 Bellow H. School 3 4,588,891 ISK

Experience / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 15 10,771,684 ISK
2 8-12 Years 18 9,383,448 ISK
3 16-20 Years 6 8,560,789 ISK
4 12-16 Years 9 8,535,081 ISK
5 0-1 Year 14 7,661,007 ISK
6 4-8 Years 14 6,606,975 ISK
7 2-4 Years 19 6,568,413 ISK
8 1-2 Years 13 4,653,161 ISK

Age / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 51-55 6 12,262,752 ISK
2 46-50 6 10,733,122 ISK
3 36-40 9 9,961,879 ISK
4 31-35 24 8,907,848 ISK
5 21-25 14 7,969,503 ISK
6 56-60 4 7,712,423 ISK
7 n/a 9 6,992,596 ISK
8 41-45 8 6,439,873 ISK
9 26-30 23 5,668,631 ISK
10 14-20 5 2,994,990 ISK

Work Type / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 4 10,206,106 ISK
2 Permanent 80 8,239,438 ISK
3 Part Time 8 6,272,770 ISK
4 Contract 16 5,861,441 ISK

Cities / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Reykjavík 88 8,252,292 ISK
2 --Other-- 20 5,887,149 ISK

Career Groups / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Health Care & Medical 2 14,293,690 ISK
2 Properties & Real Estates 1 13,689,551 ISK
3 Accounting & Administration 3 13,175,389 ISK
4 Management & Business 11 12,789,768 ISK
5 Salesmen & Saleswomen 2 12,686,936 ISK
6 Law 1 11,632,904 ISK
7 Finance & Banking 3 11,452,948 ISK
8 Automobile 1 10,655,997 ISK
9 Marketing, Sales, Purchase 3 10,566,019 ISK
10 Health Care & Medical II 2 10,566,019 ISK
11 Sports & Recreation 4 8,715,038 ISK
12 IT & Programming II 7 8,509,373 ISK
13 Media 1 8,213,730 ISK
14 Engineers & Technicians III 1 7,969,503 ISK
15 IT & Programming 7 7,506,758 ISK
16 Education & University 5 7,236,823 ISK
17 Human Resources 3 7,044,013 ISK
18 Construction & Labor Workers 7 6,992,596 ISK
19 Security & Fireguard 2 6,799,786 ISK
20 Military 1 6,375,603 ISK
21 Public Sector 1 6,182,792 ISK
22 Hotels & Tourism 8 5,720,047 ISK
23 Architect Constructions 2 5,501,528 ISK
24 Engineers & Technicians II 3 5,398,696 ISK
25 Engineers & Technicians 8 5,295,863 ISK
26 Customer Services 2 4,948,804 ISK
27 Making Design 2 4,434,643 ISK
28 Aviation & Shipping 1 4,370,373 ISK
29 Insurance 1 3,843,357 ISK
30 Restaurants, Inns, Pubs 13 3,727,671 ISK

Careers / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 General Manager 1 31,980,848 ISK
2 Sales Manager 1 17,867,113 ISK
3 Sales in Computer Shops 1 16,774,520 ISK
4 Lead Developer 1 13,689,551 ISK
5 Teacher 1 13,689,551 ISK
6 Real Estate Agent 1 13,689,551 ISK
7 Director 1 12,789,768 ISK
8 Coach 2 12,776,914 ISK
9 Quality Manager 1 12,262,752 ISK
10 Government Counsel Lawyer 1 11,632,904 ISK
11 Other IT Career 1 11,041,619 ISK
12 Project Manager 1 10,951,640 ISK
13 System Administrator 1 10,848,808 ISK
14 Car Mechanic 1 10,655,997 ISK
15 Other Medical Career 2 10,566,019 ISK
16 Operations Manager 1 10,527,457 ISK
17 Other Finance Career 1 9,884,755 ISK
18 CEO 1 9,126,367 ISK
19 Construction Foreman 1 8,882,140 ISK
20 Windows System Administrator 2 8,843,578 ISK
21 Construction Project Coordinator 1 8,805,016 ISK
22 Other Sales Career 1 8,586,497 ISK
23 Construction Worker 1 8,509,373 ISK
24 Game Producer 1 8,213,730 ISK
25 Healthcare Management 1 8,110,898 ISK
26 Hydraulic and Pneumatic Technician 1 7,969,503 ISK
27 Human Resource 1 7,661,007 ISK
28 Tourism and Travel 1 7,661,007 ISK
29 Other Constr. & Labor Career 1 7,365,364 ISK
30 Construction Manager 1 7,365,364 ISK
31 C, C++ Developer 2 7,301,093 ISK
32 Business Development Manager 2 7,262,531 ISK
33 Call Center 1 6,838,348 ISK
34 Other Security Career 2 6,799,786 ISK
35 Engineer 5 6,786,932 ISK
36 Human Resources Manager 2 6,735,516 ISK
37 Graphical or Printing Technician 1 6,684,100 ISK
38 Other Tourism Career 3 6,414,165 ISK
39 Other Public Sector Career 1 6,182,792 ISK
40 Manager 1 6,131,376 ISK
41 Architect 2 5,501,528 ISK
42 Tourist Guide 2 5,462,966 ISK
43 Software Developer 2 5,462,966 ISK
44 Travel Coordinator 1 5,077,345 ISK
45 Sport Team Coach 2 4,653,161 ISK
46 Kindergarten Teacher 1 4,563,183 ISK
47 Other Education Career 2 4,357,519 ISK
48 Bar Manager 1 4,267,540 ISK
49 Food Engineer 1 3,946,189 ISK
50 Insurance Agent 1 3,843,357 ISK
51 Construction Carpenter 1 3,650,546 ISK
52 Cook 3 3,419,174 ISK
53 Other Restaurant Career 3 3,367,758 ISK
54 Waiter or Waitress 5 3,264,925 ISK
55 IT Project Manager 1 3,149,239 ISK
56 Food Service 1 3,072,115 ISK
57 Mechanical Engineer 2 2,956,428 ISK
58 AutoCAD 1 2,557,953 ISK

People's individual salary examples (surveys)

Barista Waiter
Posted 20 February 2022
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 1-2 Years Advanced 4,516,800 ISK

Bar Tender
Posted 16 February 2022
City Education Experience Knowledge Gross salary / year
Reykjavík High School 16-20 Years Basic 4,061,100 ISK

Event Mamager
Posted 26 December 2021
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 0-1 Year Advanced 8,740,600 ISK

Teachers Assistant
Posted 21 October 2021
City Education Experience Knowledge Gross salary / year
--Other-- Some College 0-1 Year Intermediate 3,665,300 ISK

Phd Student
Posted 23 September 2021
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 1-2 Years Advanced 5,055,600 ISK

Construction Project Manager
Posted 11 September 2021
City Education Experience Knowledge Gross salary / year
Reykjavík High School 2-4 Years Advanced 9,389,100 ISK

Cashier
Posted 24 December 2020
City Education Experience Knowledge Gross salary / year
Reykjavík High School 0-1 Year n/a 3,066,200 ISK

Process Engineer
Posted 19 November 2020
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 4-8 Years n/a 7,972,300 ISK

Project Manager
Posted 11 August 2020
City Education Experience Knowledge Gross salary / year
Reykjavík High School 4-8 Years n/a 3,152,100 ISK

Sales Representative
Posted 11 June 2020
City Education Experience Knowledge Gross salary / year
Reykjavík High School 12-16 Years n/a 8,585,600 ISK

Sales Representative
Posted 04 May 2020
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 12-16 Years n/a 16,776,300 ISK

Heavyplant Operator
Posted 19 April 2020
City Education Experience Knowledge Gross salary / year
Reykjavík Bellow H. School 8-12 Years n/a 7,359,100 ISK

Software Consultant
Posted 15 March 2020
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 2-4 Years n/a 11,038,700 ISK

Landscabing
Posted 14 February 2020
City Education Experience Knowledge Gross salary / year
Reykjavík High School 1-2 Years n/a 7,359,100 ISK

Personal Assistant
Posted 05 December 2019
City Education Experience Knowledge Gross salary / year
Reykjavík High School 1-2 Years n/a 6,183,800 ISK

Compliance Manager
Posted 09 August 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Doctorate Degree 12-16 Years n/a 12,261,100 ISK

Painter
Posted 05 July 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 8-12 Years n/a 8,511,300 ISK

Executive Director It
Posted 19 June 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 20+ Years n/a 31,985,600 ISK

Atv Guide
Posted 14 May 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 0-1 Year n/a 5,330,800 ISK

Mechanic
Posted 07 May 2019
City Education Experience Knowledge Gross salary / year
Reykjavík High School 20+ Years n/a 10,661,800 ISK

Security Guard
Posted 05 April 2019
City Education Experience Knowledge Gross salary / year
--Other-- High School 8-12 Years n/a 10,661,800 ISK

Director
Posted 18 March 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 12-16 Years n/a 12,794,300 ISK

Software Engineer
Posted 16 March 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 2-4 Years n/a 6,397,100 ISK

Head Bartender
Posted 17 February 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 20+ Years n/a 4,264,700 ISK

Rental Agent
Posted 13 February 2019
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 2-4 Years n/a 3,838,200 ISK

Consultant
Posted 07 February 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Doctorate Degree 2-4 Years n/a 12,261,100 ISK

Supervisor
Posted 07 February 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 8-12 Years n/a 8,810,000 ISK

Foreman
Posted 16 January 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Some College 20+ Years n/a 8,878,200 ISK

Project Manager
Posted 21 December 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 8-12 Years n/a 8,115,900 ISK

Designer
Posted 14 November 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 4-8 Years n/a 2,552,200 ISK

Dive Instructor
Posted 15 October 2018
City Education Experience Knowledge Gross salary / year
Reykjavík High School 2-4 Years n/a 5,589,200 ISK

Hr Generalist
Posted 05 September 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 1-2 Years n/a 7,656,500 ISK

Saless
Posted 04 September 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Some College 16-20 Years n/a 17,865,200 ISK

Industrial Engineer
Posted 07 August 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 16-20 Years n/a 8,932,500 ISK

Manager Supervisor
Posted 02 August 2018
City Education Experience Knowledge Gross salary / year
--Other-- Some College 2-4 Years n/a 6,125,200 ISK

System Analyst
Posted 30 July 2018
City Education Experience Knowledge Gross salary / year
Reykjavík High School 4-8 Years n/a 10,846,600 ISK

Junior Cook
Posted 29 July 2018
City Education Experience Knowledge Gross salary / year
Reykjavík High School 0-1 Year n/a 4,211,000 ISK

Sales And Marketing
Posted 08 July 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 8-12 Years n/a 7,656,500 ISK

Mechanical Engineer
Posted 04 June 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 0-1 Year n/a 1,850,200 ISK

Civil Engineer
Posted 17 April 2018
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 2-4 Years n/a 7,784,000 ISK

Housekeeping
Posted 03 February 2018
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 20+ Years n/a 6,380,400 ISK

Project Manager
Posted 23 November 2017
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 16-20 Years n/a 7,983,800 ISK

Software Developer
Posted 03 September 2017
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 2-4 Years n/a 8,211,900 ISK

Head Coach
Posted 15 August 2017
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 8-12 Years n/a 13,002,200 ISK

Head Coach
Posted 15 August 2017
City Education Experience Knowledge Gross salary / year
Reykjavík Bachelors Degree 8-12 Years n/a 12,546,100 ISK

Kindergarten Teacher
Posted 18 July 2017
City Education Experience Knowledge Gross salary / year
Reykjavík High School 1-2 Years n/a 4,562,200 ISK

ECONOMY / Iceland

The most important industries in Iceland are Aluminum smelting, fishing, marine products, tourism, machinery, silicon alloys, software.

The largest companies in Iceland are:
  1. Kaupthing Bank (Banking),
  2. Glitnir (Banking),
  3. Landsbanki (Banking),
  4. Exista (Diversified financials)

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