ICELAND / SALARY

SALARY SURVEYS

110

UPDATED
March 2023
About salary data?

CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience)

AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 142.2 ISK = 1 USD
8,630,349 ISK $60,690 USD		4,550,522 ISK $32,000 USD		Gross income Net (after tax) 142.2 ISK = 1 USD

Every employed person on the world should know this website.
You can help a lot if you add your survey and tell others about the site.
It is translated into 35 languages.

Average Salary / Iceland

Advertising

Average salary in Iceland is 8,630,349 ISK per year. The most typical earning is 4,550,522 ISK. All data are based on 110 salary surveys. Salaries are different between men and women. Men receive an average salary of 9,072,603 ISK. Women receive a salary of 7,664,785 ISK.

The most paid careers are Health Care & Medical with average income 15,813,064 ISK and Accounting & Administration with income 14,575,891 ISK.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 13,950,194 ISK. The second most paid education level is Some College with salary of 9,797,842 ISK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 11,916,679 ISK. Employees with 8-12 Years of experience receive 10,380,878 ISK.

Levels / Iceland (Gross ISK)

Salary Levels (ISK) per Year	Surveys	[%]
426,600 ISK - 710,899 ISK	0	n/a
711,000 ISK - 1,421,899 ISK	0	n/a
1,422,000 ISK - 2,132,899 ISK	1	100% 0.91%
2,133,100 ISK - 2,843,899 ISK	5	99.09% 4.55%
2,844,100 ISK - 3,554,999 ISK	8	94.55% 7.27%
3,555,100 ISK - 4,265,999 ISK	6	87.27% 5.45%
THE MOST TYPICAL SALARY
4,266,100 ISK - 4,976,999 ISK	10	81.82% 9.09%
4,977,100 ISK - 5,687,999 ISK	6	72.73% 5.45%
5,688,200 ISK - 6,398,999 ISK	5	67.27% 4.55%
6,399,200 ISK - 7,109,999 ISK	8	62.73% 7.27%
7,110,200 ISK - 7,821,099 ISK	7	55.45% 6.36%
7,821,200 ISK - 8,532,099 ISK	7	49.09% 6.36%
8,532,200 ISK - 9,243,099 ISK	7	42.73% 6.36%
9,243,200 ISK - 9,954,099 ISK	8	36.36% 7.27%
9,954,300 ISK - 10,665,099 ISK	5	29.09% 4.55%
10,665,300 ISK - 11,376,199 ISK	4	24.55% 3.64%
11,376,300 ISK - 12,087,199 ISK	4	20.91% 3.64%
12,087,300 ISK - 12,798,199 ISK	2	17.27% 1.82%
12,798,300 ISK - 13,509,199 ISK	2	15.45% 1.82%
13,509,400 ISK - 14,220,199 ISK	4	13.64% 3.64%
14,220,400 ISK - 14,931,299 ISK	1	10% 0.91%
14,931,400 ISK - 15,642,299 ISK	3	9.09% 2.73%
15,642,400 ISK - 16,353,299 ISK	0	n/a
16,353,400 ISK - 17,064,299 ISK	1	6.36% 0.91%
17,064,500 ISK - 17,775,299 ISK	0	n/a
17,775,500 ISK - 18,486,399 ISK	0	n/a
18,486,500 ISK - 19,197,399 ISK	1	5.45% 0.91%
19,197,500 ISK - 19,908,399 ISK	1	4.55% 0.91%
19,908,500 ISK - 20,619,399 ISK	0	n/a
20,619,600 ISK - 21,330,399 ISK	0	n/a
HIGH SALARIES
21,330,600 ISK - 22,752,499 ISK	1	3.64% 0.91%
22,752,600 ISK - 24,174,499 ISK	0	n/a
24,174,600 ISK - 25,596,499 ISK	2	2.73% 1.82%
25,596,700 ISK - 27,018,599 ISK	0	n/a
27,018,700 ISK - 28,440,599 ISK	0	n/a
28,440,800 ISK - 29,862,699 ISK	0	n/a
29,862,800 ISK - 31,284,699 ISK	0	n/a
31,284,800 ISK - 32,706,699 ISK	0	n/a
32,706,900 ISK - 34,128,799 ISK	0	n/a
34,128,900 ISK - 35,550,799 ISK	1	0.91% 0.91%
35,551,000 ISK - 49,771,299 ISK	0	n/a

Gender / Iceland (Gross ISK)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	75	9,072,603 ISK
2	Women	26	7,664,785 ISK

Education / Iceland (Gross ISK)

#		Surveys
1	Doctorate Degree	5	13,950,194 ISK
2	Some College	13	9,797,842 ISK
3	Masters Degree	27	9,712,520 ISK
4	Bachelors Degree	38	8,546,449 ISK
5	High School	24	6,242,747 ISK
6	Bellow H. School	3	5,076,676 ISK

Experience / Iceland (Gross ISK)

#		Surveys
1	20+ Years	15	11,916,679 ISK
2	8-12 Years	18	10,380,878 ISK
3	16-20 Years	6	9,470,774 ISK
4	12-16 Years	9	9,442,333 ISK
5	0-1 Year	14	8,475,347 ISK
6	2-4 Years	20	7,366,157 ISK
7	4-8 Years	14	7,309,276 ISK
8	1-2 Years	14	5,261,541 ISK

Age / Iceland (Gross ISK)

#		Surveys
1	51-55	6	13,566,244 ISK
2	46-50	6	11,874,018 ISK
3	36-40	9	11,020,795 ISK
4	31-35	25	9,840,504 ISK
5	21-25	15	8,674,432 ISK
6	56-60	4	8,532,228 ISK
7	n/a	9	7,735,887 ISK
8	41-45	8	7,124,411 ISK
9	26-30	23	6,271,188 ISK
10	14-20	5	3,313,348 ISK

Work Type / Iceland (Gross ISK)

#		Surveys
1	Self Employed	4	11,290,982 ISK
2	Permanent	81	9,086,823 ISK
3	Part Time	8	6,939,546 ISK
4	Contract	17	6,655,138 ISK

Cities / Iceland (Gross ISK)

#		Surveys		AVERAGE SALARY / YEAR
1	Reykjavík	90	9,101,044 ISK
2	--Other--	20	6,512,934 ISK

Career Groups / Iceland (Gross ISK)

#		Surveys
1	Health Care & Medical	2	15,813,064 ISK
2	Accounting & Administration	3	14,575,891 ISK
3	Management & Business	11	14,149,279 ISK
4	Salesmen & Saleswomen	2	14,035,516 ISK
5	Law	1	12,869,445 ISK
6	Finance & Banking	3	12,670,360 ISK
7	Automobile	1	11,788,696 ISK
8	Marketing, Sales, Purchase	3	11,689,153 ISK
9	Health Care & Medical II	2	11,689,153 ISK
10	Properties & Real Estates	2	10,978,134 ISK
11	Sports & Recreation	4	9,641,418 ISK
12	IT & Programming II	7	9,413,892 ISK
13	Media	1	9,086,823 ISK
14	Engineers & Technicians III	1	8,816,636 ISK
15	IT & Programming	7	8,304,702 ISK
16	Education & University	5	8,006,074 ISK
17	Human Resources	3	7,792,769 ISK
18	Construction & Labor Workers	7	7,735,887 ISK
19	Security & Fireguard	2	7,522,581 ISK
20	Military	1	7,053,309 ISK
21	Public Sector	1	6,840,003 ISK
22	Hotels & Tourism	8	6,328,069 ISK
23	Engineers & Technicians	9	6,242,747 ISK
24	Architect Constructions	2	6,086,323 ISK
25	Engineers & Technicians II	3	5,972,560 ISK
26	Customer Services	2	5,474,846 ISK
27	Making Design	2	4,906,031 ISK
28	Aviation & Shipping	1	4,834,929 ISK
29	Insurance	1	4,251,894 ISK
30	Restaurants, Inns, Pubs	13	4,123,910 ISK

Careers / Iceland (Gross ISK)

#		Surveys
1	General Manager	1	35,380,309 ISK
2	Sales Manager	1	19,766,330 ISK
3	Sales in Computer Shops	1	18,557,597 ISK
4	Lead Developer	1	15,144,706 ISK
5	Teacher	1	15,144,706 ISK
6	Director	1	14,149,279 ISK
7	Coach	2	14,135,059 ISK
8	Quality Manager	1	13,566,244 ISK
9	Government Counsel Lawyer	1	12,869,445 ISK
10	Other IT Career	1	12,215,307 ISK
11	Project Manager	1	12,115,765 ISK
12	System Administrator	1	12,002,002 ISK
13	Car Mechanic	1	11,788,696 ISK
14	Other Medical Career	2	11,689,153 ISK
15	Operations Manager	1	11,646,492 ISK
16	Real Estate Agent	2	10,978,134 ISK
17	Other Finance Career	1	10,935,473 ISK
18	CEO	1	10,096,470 ISK
19	Construction Foreman	1	9,826,283 ISK
20	Windows System Administrator	2	9,783,622 ISK
21	Construction Project Coordinator	1	9,740,961 ISK
22	Other Sales Career	1	9,499,214 ISK
23	Construction Worker	1	9,413,892 ISK
24	Game Producer	1	9,086,823 ISK
25	Healthcare Management	1	8,973,060 ISK
26	Hydraulic and Pneumatic Technician	1	8,816,636 ISK
27	Human Resource	1	8,475,347 ISK
28	Tourism and Travel	1	8,475,347 ISK
29	Other Constr. & Labor Career	1	8,148,278 ISK
30	Construction Manager	1	8,148,278 ISK
31	C, C++ Developer	2	8,077,176 ISK
32	Business Development Manager	2	8,034,515 ISK
33	Engineer	6	7,806,989 ISK
34	Call Center	1	7,565,243 ISK
35	Other Security Career	2	7,522,581 ISK
36	Human Resources Manager	2	7,451,479 ISK
37	Graphical or Printing Technician	1	7,394,598 ISK
38	Other Tourism Career	3	7,095,970 ISK
39	Other Public Sector Career	1	6,840,003 ISK
40	Manager	1	6,783,122 ISK
41	Architect	2	6,086,323 ISK
42	Tourist Guide	2	6,043,662 ISK
43	Software Developer	2	6,043,662 ISK
44	Travel Coordinator	1	5,617,050 ISK
45	Sport Team Coach	2	5,147,778 ISK
46	Kindergarten Teacher	1	5,048,235 ISK
47	Other Education Career	2	4,820,709 ISK
48	Bar Manager	1	4,721,166 ISK
49	Food Engineer	1	4,365,657 ISK
50	Insurance Agent	1	4,251,894 ISK
51	Construction Carpenter	1	4,038,588 ISK
52	Cook	3	3,782,621 ISK
53	Other Restaurant Career	3	3,725,739 ISK
54	Waiter or Waitress	5	3,611,976 ISK
55	IT Project Manager	1	3,483,993 ISK
56	Food Service	1	3,398,671 ISK
57	Mechanical Engineer	2	3,270,687 ISK
58	AutoCAD	1	2,829,855 ISK

People's individual salary examples (surveys)

Estate Agent

Posted 29 September 2022
Key knowledge and tasks

"Book and do home viewings with clients
telephone sales
manage marketing platforms."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	1-2 Years	Advanced	6,809,000 ISK

Civil Engineer

Posted 02 September 2022
Key knowledge and tasks

"Quality reports, inspections, drawings."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	Advanced	9,296,000 ISK

Barista Waiter

Posted 20 February 2022
Key knowledge and tasks

"Barista."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	1-2 Years	Advanced	4,996,900 ISK

Bar Tender

Posted 16 February 2022
Key knowledge and tasks

"High school."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	16-20 Years	Basic	4,492,800 ISK

Event Mamager

Posted 26 December 2021
Key knowledge and tasks

"Event manager in a 5 stars hotel in luxembourg."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	0-1 Year	Advanced	9,669,700 ISK

Teachers Assistant

Posted 21 October 2021
Key knowledge and tasks

"Am studying to become a teacher, will have my Bachelors degree in 5 months."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Some College	0-1 Year	Intermediate	4,054,900 ISK

Phd Student

Posted 23 September 2021
Key knowledge and tasks

"Computer Science, Mathematics, Research."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	1-2 Years	Advanced	5,593,000 ISK

Construction Project Manager

Posted 11 September 2021
Key knowledge and tasks

"Controling the site, project plan, material, workers, working with drawings, calculations."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	2-4 Years	Advanced	10,387,100 ISK

Cashier

Posted 24 December 2020
Key knowledge and tasks

"Cashier stack shelf."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	0-1 Year	n/a	3,392,100 ISK

Process Engineer

Posted 19 November 2020
Key knowledge and tasks

"Develop a process."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	4-8 Years	n/a	8,819,800 ISK

Project Manager

Posted 11 August 2020
Key knowledge and tasks

"Managing various projects and casino games."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	4-8 Years	n/a	3,487,100 ISK

Sales Representative

Posted 11 June 2020
Key knowledge and tasks

"Sales persion. Transportation in the fishing industry."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	12-16 Years	n/a	9,498,200 ISK

Sales Representative

Posted 04 May 2020
Key knowledge and tasks

"Selling software and hardware in a designated sales territory."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	12-16 Years	n/a	18,559,600 ISK

Heavyplant Operator

Posted 19 April 2020
Key knowledge and tasks

"Multi task plant operator."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bellow H. School	8-12 Years	n/a	8,141,300 ISK

Software Consultant

Posted 15 March 2020
Key knowledge and tasks

"SQL programming, supply chain consulting, software implementation and service."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	n/a	12,212,000 ISK

Landscabing

Posted 14 February 2020
Key knowledge and tasks

"My job is to look after the projects."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	1-2 Years	n/a	8,141,300 ISK

Personal Assistant

Posted 05 December 2019
Key knowledge and tasks

"Taking care of people with everyday things that they can not take care of themselves."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	1-2 Years	n/a	6,841,100 ISK

Compliance Manager

Posted 09 August 2019
Key knowledge and tasks

"Compliance, Risk Management, Quality Management, Safety Management, Internal Audit, Security Management."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Doctorate Degree	12-16 Years	n/a	13,564,400 ISK

Painter

Posted 05 July 2019
Key knowledge and tasks

"Painting new appartments."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	8-12 Years	n/a	9,416,000 ISK

Executive Director It

Posted 19 June 2019
Key knowledge and tasks

"Business unit manager. 130 employees."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	20+ Years	n/a	35,385,600 ISK

Atv Guide

Posted 14 May 2019
Key knowledge and tasks

"Responsible for guiding tourists on ATV bikes."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	0-1 Year	n/a	5,897,500 ISK

Mechanic

Posted 07 May 2019
Key knowledge and tasks

"Work in dealership to fix cars."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	20+ Years	n/a	11,795,100 ISK

Security Guard

Posted 05 April 2019
Key knowledge and tasks

"Weapon and explosive search."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	High School	8-12 Years	n/a	11,795,100 ISK

Director

Posted 18 March 2019
Key knowledge and tasks

"Business administration."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	12-16 Years	n/a	14,154,300 ISK

Software Engineer

Posted 16 March 2019
Key knowledge and tasks

"Doing my work and nothing else."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	2-4 Years	n/a	7,077,100 ISK

Head Bartender

Posted 17 February 2019
Key knowledge and tasks

"Responsible of the entire bar&lounge activity."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	20+ Years	n/a	4,718,000 ISK

Rental Agent

Posted 13 February 2019
Key knowledge and tasks

"RENTING CARS AND SELLING INSURANCES TO CUSTOMERS."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	2-4 Years	n/a	4,246,200 ISK

Consultant

Posted 07 February 2019
Key knowledge and tasks

"Consultant for the pharmaceutical industry."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Doctorate Degree	2-4 Years	n/a	13,564,400 ISK

Supervisor

Posted 07 February 2019
Key knowledge and tasks

"Supervising of work on site."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	9,746,500 ISK

Foreman

Posted 16 January 2019
Key knowledge and tasks

"Supervise support department of construction company."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Some College	20+ Years	n/a	9,821,900 ISK

Project Manager

Posted 21 December 2018
Key knowledge and tasks

"Developing new projects."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	8-12 Years	n/a	8,978,600 ISK

Designer

Posted 14 November 2018
Key knowledge and tasks

"I develop AutoCAD drawings."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	4-8 Years	n/a	2,823,500 ISK

Dive Instructor

Posted 15 October 2018
Key knowledge and tasks

"Snorkeling and diving tours."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	2-4 Years	n/a	6,183,300 ISK

Hr Generalist

Posted 05 September 2018
Key knowledge and tasks

"General hr work."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	1-2 Years	n/a	8,470,400 ISK

Saless

Posted 04 September 2018
Key knowledge and tasks

"Head of regional sales."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Some College	16-20 Years	n/a	19,764,200 ISK

Industrial Engineer

Posted 07 August 2018
Key knowledge and tasks

"Project management and industrial process development."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	16-20 Years	n/a	9,882,000 ISK

Manager Supervisor

Posted 02 August 2018
Key knowledge and tasks

"Managing, shift allotments, hiring, job allocations, training, money handling."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Some College	2-4 Years	n/a	6,776,300 ISK

System Analyst

Posted 30 July 2018
Key knowledge and tasks

"Making sure everything IT related it running smooth."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	4-8 Years	n/a	11,999,600 ISK

Junior Cook

Posted 29 July 2018
Key knowledge and tasks

"Preparation, grill station, closing kitchen."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	0-1 Year	n/a	4,658,600 ISK

Sales And Marketing

Posted 08 July 2018
Key knowledge and tasks

"Preparing offers for tour operators, package tours
marketing prepraring brochures and marketing campain."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	8-12 Years	n/a	8,470,400 ISK

Mechanical Engineer

Posted 04 June 2018
Key knowledge and tasks

"I design systems that could run games for my company."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	0-1 Year	n/a	2,046,900 ISK

Civil Engineer

Posted 17 April 2018
Key knowledge and tasks

"Quality control, calculation, managing workers."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	n/a	8,611,400 ISK

Housekeeping

Posted 03 February 2018
Key knowledge and tasks

"Making sure that the premises e. g bedrooms, collidor and common rooms."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	20+ Years	n/a	7,058,600 ISK

Project Manager

Posted 23 November 2017
Key knowledge and tasks

"Design proposal, construction drawings and details."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	16-20 Years	n/a	8,832,400 ISK

Software Developer

Posted 03 September 2017
Key knowledge and tasks

"Wrote code for financial transaction systems."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	2-4 Years	n/a	9,084,800 ISK

Head Coach

Posted 15 August 2017
Key knowledge and tasks

"Head Coach, football. And other."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	14,384,300 ISK

Head Coach

Posted 15 August 2017
Key knowledge and tasks

"Coaching and teaching, and other jobs."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	13,879,700 ISK

Kindergarten Teacher

Posted 18 July 2017
Key knowledge and tasks

"I work with kids. I clean their faces after eating and putt them to sleep

Play with them."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	1-2 Years	n/a	5,047,100 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:

Kaupthing Bank (Banking),
Glitnir (Banking),
Landsbanki (Banking),
Exista (Diversified financials)