average salary in Iceland ICELAND SALARY

Average gross salary for Iceland GROSS SALARY
ISK 6,632,100
Average gorss salary (USD) for Iceland GROSS SALARY (USD)
US$ 58,094
Average net salary for Iceland NET SALARY
ISK 4,429,039
The most typical salary for Iceland MOST TYPICAL GROSS
ISK 6,339,811
  Updated: 04 May 2020   Diff. gross vs. net: 33%
  Salary entries: 107

Iceland Earnings

Average salary in Iceland is ISK 6,632,100.

Average take home earning is ISK 4,429,039 (Net).

The most typical salary is ISK 6,339,811 (Gross).

These data are from our visitors surveys (107 individual salaries).

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Percentage of people Earn this salary or more
6 % ISK 15,206,728
13 % ISK 11,850,000
22 % ISK 9,605,400
53 % ISK 6,339,811
84 % ISK 3,020,000
100 % ISK 422,227
Career Avg. gross salary (USD) Salary entries
Engineer ISK 4,220,000 US$ 39,036 05
Waiter or Waitress ISK 2,625,000 US$ 22,903 04
Architect ISK 3,358,333 US$ 28,772 03
Cook ISK 3,100,000 US$ 26,301 03
Coach ISK 11,200,000 US$ 99,379 02
Windows System Administrator ISK 7,950,000 US$ 68,782 02
C, C++ Developer ISK 6,600,000 US$ 60,873 02
Finance Manager ISK 7,546,250 US$ 59,464 02
Business Development Manager ISK 6,702,000 US$ 56,479 02
Human Resources Manager ISK 6,060,000 US$ 52,430 02
City Avg. gross salary (USD) Salary entries
Reykjavík ISK 7,031,294 US$ 61,684 86

Salary entries from individual employees for Iceland

Below is the list of 100 individual salary profiles - all added on this website.

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(38/38)  SALES REPRESENTATIVE


 Posted: 04 May 2020

Bachelors Degree, 12-16 years: "Selling software and hardware in a designated sales territory."
Individual GROSS salary:
ISK 16,413,456
US$ 134,217

(37/38)  SOFTWARE CONSULTANT


 Posted: 15 Mar 2020

Bachelors Degree, 2-4 years: "SQL programming, supply chain consulting, software implementation and service."
Individual GROSS salary:
ISK 10,800,000
US$ 88,315

(36/38)  VP OF FINANCE


 Posted: 15 Feb 2020

Bachelors Degree, 16-20 years: "I work with executives to find solutions to financial issues."
Individual GROSS salary:
ISK 92,500
US$ 756

(35/38)  LANDSCABING


 Posted: 14 Feb 2020

High School, 1-2 years: "My job is to look after the projects."
Individual GROSS salary:
ISK 7,200,000
US$ 58,876

(34/38)  SHIFT MANAGER


 Posted: 07 Feb 2020

Bachelors Degree, 4-8 years: "I have professional experience to deal with teams and a degree e Human Resources management."
Individual GROSS salary:
ISK 390,000
US$ 3,189

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(33/38)  PERSONAL ASSISTANT


 Posted: 05 Dec 2019

High School, 1-2 years: "Taking care of people with everyday things that they can not take care of themselves."
Individual GROSS salary:
ISK 5,800,000
US$ 55,931

(32/38)  COMPLIANCE MANAGER


 Posted: 09 Aug 2019

Doctorate Degree, 12-16 years: "Compliance, Risk Management, Quality Management, Safety Management, Internal Audit, Security Management."
Individual GROSS salary:
ISK 11,500,000
US$ 110,897

(31/38)  PAINTER


 Posted: 05 Jul 2019

Masters Degree, 8-12 years: "Painting new appartments."
Individual GROSS salary:
ISK 7,983,000
US$ 76,982

(30/38)  EXECUTIVE DIRECTOR IT


 Posted: 19 Jun 2019

Masters Degree, 20+ years: "Business unit manager. 130 employees."
Individual GROSS salary:
ISK 30,000,000
US$ 289,296

(29/38)  ATV GUIDE


 Posted: 14 May 2019

Masters Degree, 0-1 year: "Responsible for guiding tourists on ATV bikes."
Individual GROSS salary:
ISK 5,000,000
US$ 48,216

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(28/38)  MECHANIC


 Posted: 07 May 2019

High School, 20+ years: "Work in dealership to fix cars."
Individual GROSS salary:
ISK 10,000,000
US$ 96,432

(27/38)  SECURITY GUARD


 Posted: 05 Apr 2019

High School, 8-12 years: "Weapon and explosive search."
Individual GROSS salary:
ISK 10,000,000
US$ 96,432

(26/38)  DIRECTOR


 Posted: 18 Mar 2019

Masters Degree, 12-16 years: "Business administration."
Individual GROSS salary:
ISK 12,000,000
US$ 115,718

(25/38)  SOFTWARE ENGINEER


 Posted: 16 Mar 2019

Masters Degree, 2-4 years: "Doing my work and nothing else."
Individual GROSS salary:
ISK 6,000,000
US$ 57,859

(24/38)  HEAD BARTENDER


 Posted: 17 Feb 2019

Bachelors Degree, 20+ years: "Responsible of the entire bar&lounge activity."
Individual GROSS salary:
ISK 4,000,000
US$ 38,573

(23/38)  RENTAL AGENT


 Posted: 13 Feb 2019

Bachelors Degree, 2-4 years: "RENTING CARS AND SELLING INSURANCES TO CUSTOMERS."
Individual GROSS salary:
ISK 3,600,000
US$ 34,716

(22/38)  SUPERVISOR


 Posted: 07 Feb 2019

Bachelors Degree, 8-12 years: "Supervising of work on site."
Individual GROSS salary:
ISK 8,263,159
US$ 79,683

(21/38)  CONSULTANT


 Posted: 07 Feb 2019

Doctorate Degree, 2-4 years: "Consultant for the pharmaceutical industry."
Individual GROSS salary:
ISK 11,500,000
US$ 110,897

(20/38)  SALESMAN


 Posted: 17 Jan 2019

Bellow H. School, 0-1 year: "Cashier Bagging Stockers Janitorial Duties Department-Specific Duties."
Individual GROSS salary:
ISK 300,000
US$ 2,893

(19/38)  FOREMAN


 Posted: 16 Jan 2019

Some College, 20+ years: "Supervise support department of construction company."
Individual GROSS salary:
ISK 8,327,000
US$ 80,299

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(18/38)  PROJECT MANAGER


 Posted: 21 Dec 2018

Masters Degree, 8-12 years: "Developing new projects."
Individual GROSS salary:
ISK 6,360,000
US$ 61,331

(17/38)  DESIGNER


 Posted: 14 Nov 2018

Masters Degree, 4-8 years: "I develop AutoCAD drawings."
Individual GROSS salary:
ISK 2,000,000
US$ 19,286

(16/38)  HR GENERALIST


 Posted: 05 Sep 2018

Masters Degree, 1-2 years: "General hr work."
Individual GROSS salary:
ISK 6,000,000
US$ 57,859

(15/38)  SALESS


 Posted: 04 Sep 2018

Some College, 16-20 years: "Head of regional sales."
Individual GROSS salary:
ISK 14,000,000
US$ 135,005

(14/38)  INDUSTRIAL ENGINEER


 Posted: 07 Aug 2018

Masters Degree, 16-20 years: "Project management and industrial process development."
Individual GROSS salary:
ISK 7,000,000
US$ 67,502

(13/38)  MANAGER SUPERVISOR


 Posted: 02 Aug 2018

Some College, 2-4 years: "Managing, shift allotments, hiring, job allocations, training, money handling."
Individual GROSS salary:
ISK 4,800,000
US$ 46,287

(12/38)  SYSTEM ANALYST


 Posted: 30 Jul 2018

High School, 4-8 years: "Making sure everything IT related it running smooth."
Individual GROSS salary:
ISK 8,500,000
US$ 81,967

(11/38)  JUNIOR COOK


 Posted: 29 Jul 2018

High School, 0-1 year: "Preparation, grill station, closing kitchen."
Individual GROSS salary:
ISK 3,300,000
US$ 31,823

(10/38)  SALES AND MARKETING


 Posted: 08 Jul 2018

Masters Degree, 8-12 years: "Preparing offers for tour operators, package tours marketing prepraring brochures and marketing campain."
Individual GROSS salary:
ISK 6,000,000
US$ 57,859

(9/38)  MECHANICAL ENGINEER


 Posted: 04 Jun 2018

Bachelors Degree, 0-1 year: "I design systems that could run games for my company."
Individual GROSS salary:
ISK 1,450,000
US$ 13,983

(8/38)  CIVIL ENGINEER


 Posted: 17 Apr 2018

Bachelors Degree, 2-4 years: "Quality control, calculation, managing workers."
Individual GROSS salary:
ISK 6,100,000
US$ 58,824

(7/38)  HOUSEKEEPING


 Posted: 03 Feb 2018

Bachelors Degree, 20+ years: "Making sure that the premises e.g bedrooms, collidor and common rooms."
Individual GROSS salary:
ISK 5,000,000
US$ 48,216

(6/38)  PROJECT MANAGER


 Posted: 23 Nov 2017

Masters Degree, 16-20 years: "Design proposal, construction drawings and details."
Individual GROSS salary:
ISK 7,000,000
US$ 62,112

(5/38)  SOFTWARE DEVELOPER


 Posted: 03 Sep 2017

Masters Degree, 2-4 years: "Wrote code for financial transaction systems."
Individual GROSS salary:
ISK 7,200,000
US$ 63,886

(4/38)  HEAD COACH


 Posted: 15 Aug 2017

Bachelors Degree, 8-12 years: "Coaching and teaching, and other jobs."
Individual GROSS salary:
ISK 11,000,000
US$ 97,604

(3/38)  HEAD COACH


 Posted: 15 Aug 2017

Bachelors Degree, 8-12 years: "Head Coach, football. And other."
Individual GROSS salary:
ISK 11,400,000
US$ 101,154

(2/38)  KINDERGARTEN TEACHER


 Posted: 18 Jul 2017

High School, 1-2 years: "I work with kids. I clean their faces after eating and putt them to sleep Play with them."
Individual GROSS salary:
ISK 4,000,000
US$ 35,492

(1/38)  ARCHITECT


 Posted: 15 Jul 2017

Masters Degree, 8-12 years: "I design apartment residential buildings."
Individual GROSS salary:
ISK 75,000
US$ 665

  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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  SALARY BY LEVEL    ICELAND

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 289,296 ISK 30,000,000
01
175K US$ 173,037 ISK 20,000,000
02
155K US$ 159,320 ISK 21,000,000
01
135K US$ 134,611 ISK 15,206,728
02
115K US$ 113,921 ISK 12,500,000
04
105K US$ 105,146 ISK 11,850,000
04
95K US$ 94,807 ISK 10,400,000
05
85K US$ 83,540 ISK 9,605,400
05
75K US$ 75,818 ISK 8,915,015
10
65K US$ 64,030 ISK 7,243,031
07
55K US$ 55,506 ISK 6,339,811
16
45K US$ 46,212 ISK 5,241,111
09
35K US$ 34,485 ISK 4,002,960
14
25K US$ 25,027 ISK 3,020,000
10
15K US$ 17,034 ISK 1,908,333
06
Less US$ 3,494 ISK 422,227
11

  SALARY BY GENDER    ICELAND

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 62,365 ISK 7,102,843 73
Women US$ 48,772 ISK 5,580,550 24
N/A US$ 49,282 ISK 5,719,400 10

  SALARY BY EDUCATION    ICELAND

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 104,348 ISK 12,220,000 05
Masters Degree US$ 67,151 ISK 7,491,888 27
Bachelors Degree US$ 54,276 ISK 6,308,520 39
Some College US$ 63,200 ISK 7,183,357 14
High School US$ 43,522 ISK 4,887,077 19
Bellow H. School US$ 17,575 ISK 2,266,666 03

Workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Iceland. With an earned Doctorate Degree, they grosses ISK 12,220,000. While Workers with Bellow H. School education earn the least, with an average gross income of ISK 2,266,666. This is 493.73% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE    ICELAND

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 88,428 ISK 9,952,200 15
16-20 Years US$ 52,979 ISK 5,984,642 07
12-16 Years US$ 62,941 ISK 7,160,050 09
8-12 Years US$ 68,192 ISK 7,693,941 19
4-8 Years US$ 48,751 ISK 5,699,113 13
2-4 Years US$ 51,866 ISK 5,953,837 17
1-2 Years US$ 31,522 ISK 3,561,538 13
0-1 Year US$ 52,239 ISK 6,159,300 14

Workers in Iceland with more years of work experience outperform their counterparts with less experience. Workers with 20+ Years of experience earn a gross average of ISK 9,952,200 compared to ISK 3,561,538 for their counterparts with 1-2 Years of experience. The difference between workers with 20+ Years of experience and 1-2 Years is 180.53%.


  SALARY BY AGE    ICELAND

Avg. gross salary (USD) Avg. gross salary   Salary entries
57-62 US$ 70,985 ISK 8,000,000 01
51-56 US$ 83,331 ISK 9,205,388 09
45-50 US$ 62,673 ISK 7,133,400 10
39-44 US$ 73,386 ISK 8,336,055 11
33-38 US$ 66,228 ISK 7,613,781 16
27-32 US$ 49,927 ISK 5,693,578 31
22-26 US$ 58,611 ISK 6,795,016 12
16-21 US$ 22,503 ISK 2,671,428 07
N/A US$ 49,282 ISK 5,719,400 10
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  SALARY BY FIELD    ICELAND

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Properties & Real Estates US$ 106,477 ISK 12,000,000 01
2. Accounting & Administration US$ 102,542 ISK 11,866,666 03
3. Management & Business US$ 97,095 ISK 10,842,583 12
4. Automobile US$ 96,432 ISK 10,000,000 01
5. Law US$ 90,506 ISK 10,200,000 01
6. Health Care & Medical II US$ 89,915 ISK 9,750,000 02
7. Marketing, Sales, Purchase US$ 80,852 ISK 8,936,666 03
8. Health Care & Medical US$ 74,083 ISK 9,180,000 03
9. Education & University US$ 71,220 ISK 8,366,666 03
10. Salesmen & Saleswomen US$ 68,555 ISK 8,356,728 02
11. Sports & Recreation US$ 67,785 ISK 7,700,000 04
12. Finance & Banking US$ 67,051 ISK 8,323,125 04
13. IT & Telecommunication II US$ 66,174 ISK 7,823,215 07
14. IT & Telecommunication US$ 65,341 ISK 7,655,000 06
15. Media US$ 63,882 ISK 8,141,218 01
16. Security & Fireguard US$ 59,639 ISK 6,450,000 02
17. Public Sector US$ 55,931 ISK 5,800,000 01
18. Human Resources US$ 54,240 ISK 6,040,000 03
19. Customer Services US$ 53,239 ISK 6,000,000 01
20. Construction & Labor Workers US$ 51,689 ISK 5,696,165 07
21. Military US$ 49,632 ISK 5,760,000 01
22. Engineers & Technicians II US$ 41,962 ISK 4,770,666 03
23. Hotels & Tourism US$ 35,921 ISK 3,863,605 07
24. Insurance US$ 34,716 ISK 3,600,000 01
25. Making Design US$ 34,457 ISK 4,100,000 02
26. Aviation & Shipping US$ 33,967 ISK 4,200,000 01
27. Architect Constructions US$ 28,772 ISK 3,358,333 03
28. Engineers & Technicians US$ 27,490 ISK 3,035,000 10
29. Restaurants, Inns, Pubs US$ 26,430 ISK 3,074,889 12

Show all fields »

Average salaries in Iceland can vary greatly based on a career field. Properties & Real Estates enjoy the highest gross average salaries (ISK 12,000,000), followed by Accounting & Administration (ISK 11,866,666), and Management & Business (ISK 10,842,583). Lower average gross salaries in the Iceland are earned by those in Restaurants, Inns, Pubs (ISK 3,074,889) and those in Engineers & Technicians positions (ISK 3,035,000). The difference between the most paid and the lowest paid fields is 302.86%.


  SALARY BY CAREER    ICELAND

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Sales Manager US$ 135,005 ISK 14,000,000 01
2. Sales in Computer Shops US$ 134,217 ISK 16,413,456 01
3. Coach US$ 99,379 ISK 11,200,000 02
4. Other Medical Career US$ 89,915 ISK 9,750,000 02
5. Windows System Administrator US$ 68,782 ISK 7,950,000 02
6. C, C++ Developer US$ 60,873 ISK 6,600,000 02
7. Purchaser US$ 60,563 ISK 7,000,000 01
8. Other Security Career US$ 59,639 ISK 6,450,000 02
9. Finance Manager US$ 59,464 ISK 7,546,250 02
10. Human Resource US$ 57,859 ISK 6,000,000 01
11. Business Development Manager US$ 56,479 ISK 6,702,000 02
12. Human Resources Manager US$ 52,430 ISK 6,060,000 02
13. Graphical or Printing Technician US$ 51,961 ISK 5,856,000 01
14. Marketing Manager US$ 46,988 ISK 5,810,000 01
15. Chemical Engineer US$ 43,259 ISK 5,000,000 01
16. Software Developer US$ 42,521 ISK 5,365,000 02
17. Construction Worker US$ 40,214 ISK 4,191,500 02
18. Engineer US$ 39,036 ISK 4,220,000 05
19. Sport Team Coach US$ 36,190 ISK 4,200,000 02
20. Food Engineer US$ 30,665 ISK 3,456,000 01
21. Architect US$ 28,772 ISK 3,358,333 03
22. Other Tourism Career US$ 27,783 ISK 2,996,666 03
23. Cook US$ 26,301 ISK 3,100,000 03
24. Other Restaurant Career US$ 23,541 ISK 3,000,100 02
25. Waiter or Waitress US$ 22,903 ISK 2,625,000 04
26. Mechanical Engineer US$ 22,747 ISK 2,725,000 02
27. Bar Manager US$ 20,804 ISK 2,200,000 02
28. AutoCAD US$ 19,286 ISK 2,000,000 01
29. Electrical Engineer US$ 7,847 ISK 1,000,000 01
30. Sales in Markets & Supermarkets US$ 2,893 ISK 300,000 01

Show all careers »

In Iceland economy, Sales Manager is on the top list of highest earners, earning an average gross salary of ISK 14,000,000. Sales in Computer Shops and Coach follow, earning ISK 16,413,456 and ISK 11,200,000, respectively. Sales in Markets & Supermarkets earn a gross annual average of ISK 300,000, while Electrical Engineer earn ISK 1,000,000. The gap between the lowest and the highest paid careers is 4566.61%.


  SALARY BY JOB TYPE    ICELAND

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 62,521 ISK 7,147,224 78
Contract US$ 38,301 ISK 4,341,734 18
Self Employed US$ 83,193 ISK 9,300,000 04
Part Time US$ 45,306 ISK 5,257,142 07
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  SALARY BY CITY    ICELAND

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Reykjavík US$ 61,684 ISK 7,031,294 86

Show all cities »


  SALARY BY COUNTRY    ICELAND

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland US$ 123,129 CHF 117,050 1,180
2. Australia Australia US$ 88,017 AU$ 99,273 3,052
3. Norway Norway US$ 84,347 NOK 637,815 1,124
4. United States United States US$ 81,499 US$ 81,499 19,889
5. Germany Germany US$ 76,524 EUR 62,055 2,426
6. United Kingdom United Kingdom US$ 73,220 GBP 49,632 4,496
7. Canada Canada US$ 70,806 CA$ 77,437 4,826
8. France France US$ 70,264 EUR 57,209 1,187
9. Finland Finland US$ 66,203 EUR 53,724 588
10. Italy Italy US$ 63,394 EUR 51,238 1,244
11. Iceland Iceland US$ 58,094 ISK 6,632,100 107
12. Mexico Mexico US$ 46,880 MXN 784,739 618
13. Slovenia Slovenia US$ 45,601 EUR 36,385 277
14. Croatia Croatia US$ 32,335 HRK 197,358 448
15. Malaysia Malaysia US$ 29,127 MYR 103,689 6,539
16. India India US$ 21,450 INR 1,305,314 10,032

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