ICELAND / SALARY

SALARY SURVEYS

113

UPDATED
July 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 138.78 ISK = 1 USD
8,451,309 ISK $60,897 USD		4,440,972 ISK $32,000 USD		Gross income Net (after tax) 138.78 ISK = 1 USD

Average Salary / Iceland

Average salary in Iceland is 8,451,309 ISK per year. The most typical earning is 4,440,972 ISK. All data are based on 113 salary surveys. Salaries are different between men and women. Men receive an average salary of 8,840,310 ISK. Women receive a salary of 7,660,677 ISK.

The most paid careers are Health Care & Medical with average income 15,432,378 ISK and Accounting & Administration with income 14,224,989 ISK.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 13,614,355 ISK. The second most paid education level is Masters Degree with salary of 9,589,724 ISK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 11,629,796 ISK. Employees with 8-12 Years of experience receive 10,130,968 ISK.

Levels / Iceland (Gross ISK)

Salary Levels (ISK) per Year	Surveys	[%]
416,300 ISK - 693,799 ISK	0	n/a
693,900 ISK - 1,387,699 ISK	0	n/a
1,387,800 ISK - 2,081,599 ISK	1	100% 0.88%
2,081,700 ISK - 2,775,499 ISK	5	99.12% 4.42%
2,775,600 ISK - 3,469,399 ISK	8	94.69% 7.08%
3,469,500 ISK - 4,163,299 ISK	6	87.61% 5.31%
THE MOST TYPICAL SALARY
4,163,400 ISK - 4,857,199 ISK	10	82.3% 8.85%
4,857,300 ISK - 5,551,099 ISK	6	73.45% 5.31%
5,551,200 ISK - 6,244,999 ISK	5	68.14% 4.42%
6,245,100 ISK - 6,938,899 ISK	9	63.72% 7.96%
6,939,000 ISK - 7,632,799 ISK	7	55.75% 6.19%
7,632,900 ISK - 8,326,699 ISK	7	49.56% 6.19%
8,326,800 ISK - 9,020,599 ISK	7	43.36% 6.19%
9,020,700 ISK - 9,714,499 ISK	8	37.17% 7.08%
9,714,600 ISK - 10,408,399 ISK	6	30.09% 5.31%
10,408,500 ISK - 11,102,299 ISK	4	24.78% 3.54%
11,102,400 ISK - 11,796,199 ISK	4	21.24% 3.54%
11,796,300 ISK - 12,490,099 ISK	3	17.7% 2.65%
12,490,200 ISK - 13,183,999 ISK	2	15.04% 1.77%
13,184,100 ISK - 13,877,899 ISK	4	13.27% 3.54%
13,878,000 ISK - 14,571,799 ISK	1	9.73% 0.88%
14,571,900 ISK - 15,265,699 ISK	3	8.85% 2.65%
15,265,800 ISK - 15,959,599 ISK	0	n/a
15,959,700 ISK - 16,653,499 ISK	1	6.19% 0.88%
16,653,600 ISK - 17,347,399 ISK	0	n/a
17,347,500 ISK - 18,041,299 ISK	0	n/a
18,041,500 ISK - 18,735,199 ISK	1	5.31% 0.88%
18,735,400 ISK - 19,429,099 ISK	1	4.42% 0.88%
19,429,300 ISK - 20,122,999 ISK	0	n/a
20,123,200 ISK - 20,816,899 ISK	0	n/a
HIGH SALARIES
20,817,100 ISK - 22,204,699 ISK	1	3.54% 0.88%
22,204,900 ISK - 23,592,499 ISK	0	n/a
23,592,700 ISK - 24,980,299 ISK	2	2.65% 1.77%
24,980,500 ISK - 26,368,099 ISK	0	n/a
26,368,300 ISK - 27,755,899 ISK	0	n/a
27,756,100 ISK - 29,143,699 ISK	0	n/a
29,143,900 ISK - 30,531,499 ISK	0	n/a
30,531,700 ISK - 31,919,299 ISK	0	n/a
31,919,500 ISK - 33,307,199 ISK	0	n/a
33,307,300 ISK - 34,694,999 ISK	1	0.88% 0.88%
34,695,100 ISK - 48,573,099 ISK	0	n/a

Gender / Iceland (Gross ISK)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	77	8,840,310 ISK
2	Women	27	7,660,677 ISK

Education / Iceland (Gross ISK)

#		Surveys
1	Doctorate Degree	5	13,614,355 ISK
2	Masters Degree	28	9,589,724 ISK
3	Some College	14	9,589,724 ISK
4	Bachelors Degree	38	8,340,701 ISK
5	High School	25	6,106,336 ISK
6	Bellow H. School	3	4,954,459 ISK

Experience / Iceland (Gross ISK)

#		Surveys
1	20+ Years	15	11,629,796 ISK
2	8-12 Years	18	10,130,968 ISK
3	16-20 Years	6	9,242,773 ISK
4	12-16 Years	9	9,215,017 ISK
5	0-1 Year	14	8,271,311 ISK
6	2-4 Years	22	7,549,652 ISK
7	4-8 Years	14	7,133,311 ISK
8	1-2 Years	15	5,218,142 ISK

Age / Iceland (Gross ISK)

#		Surveys
1	51-55	6	13,239,648 ISK
2	46-50	6	11,588,162 ISK
3	36-40	9	10,755,479 ISK
4	31-35	26	9,603,602 ISK
5	21-25	15	8,465,603 ISK
6	56-60	4	8,326,823 ISK
7	41-45	9	7,549,652 ISK
8	n/a	9	7,549,652 ISK
9	26-30	23	6,120,215 ISK
10	14-20	6	3,747,070 ISK

Work Type / Iceland (Gross ISK)

#		Surveys
1	Self Employed	4	11,019,162 ISK
2	Permanent	83	8,909,700 ISK
3	Part Time	8	6,772,482 ISK
4	Contract	18	6,481,044 ISK

Cities / Iceland (Gross ISK)

#		Surveys		AVERAGE SALARY / YEAR
1	Reykjavík	93	8,895,822 ISK
2	--Other--	20	6,356,141 ISK

Career Groups / Iceland (Gross ISK)

#		Surveys
1	Health Care & Medical	2	15,432,378 ISK
2	Accounting & Administration	3	14,224,989 ISK
3	Salesmen & Saleswomen	2	13,697,624 ISK
4	Management & Business	12	13,669,868 ISK
5	Law	1	12,559,624 ISK
6	Finance & Banking	3	12,365,332 ISK
7	Automobile	1	11,504,893 ISK
8	Marketing, Sales, Purchase	3	11,407,747 ISK
9	Health Care & Medical II	2	11,407,747 ISK
10	Properties & Real Estates	2	10,713,845 ISK
11	Sports & Recreation	4	9,409,310 ISK
12	IT & Programming II	7	9,187,261 ISK
13	Media	1	8,868,066 ISK
14	Engineers & Technicians III	1	8,604,383 ISK
15	IT & Programming	7	8,104,774 ISK
16	Education & University	5	7,813,335 ISK
17	Human Resources	3	7,605,165 ISK
18	Construction & Labor Workers	8	7,396,994 ISK
19	Security & Fireguard	2	7,341,482 ISK
20	Military	1	6,883,507 ISK
21	Engineers & Technicians II	4	6,855,751 ISK
22	Public Sector	1	6,675,336 ISK
23	Hotels & Tourism	8	6,175,727 ISK
24	Engineers & Technicians	9	6,092,458 ISK
25	Architect Constructions	2	5,939,800 ISK
26	Customer Services	2	5,343,044 ISK
27	Making Design	2	4,787,923 ISK
28	Aviation & Shipping	1	4,718,533 ISK
29	Insurance	1	4,149,533 ISK
30	Restaurants, Inns, Pubs	13	4,024,631 ISK

Careers / Iceland (Gross ISK)

#		Surveys
1	General Manager	1	34,528,560 ISK
2	Sales Manager	1	19,290,473 ISK
3	Sales in Computer Shops	1	18,110,840 ISK
4	Lead Developer	1	14,780,111 ISK
5	Teacher	1	14,780,111 ISK
6	Director	1	13,808,648 ISK
7	Coach	2	13,794,770 ISK
8	Quality Manager	1	13,239,648 ISK
9	Government Counsel Lawyer	1	12,559,624 ISK
10	Project Manager	2	12,032,259 ISK
11	Other IT Career	1	11,921,235 ISK
12	System Administrator	1	11,713,064 ISK
13	Car Mechanic	1	11,504,893 ISK
14	Other Medical Career	2	11,407,747 ISK
15	Real Estate Agent	2	10,713,845 ISK
16	Other Finance Career	1	10,672,211 ISK
17	Food Technician	1	9,950,553 ISK
18	CEO	1	9,853,407 ISK
19	Construction Foreman	1	9,589,724 ISK
20	Windows System Administrator	2	9,548,090 ISK
21	Construction Project Coordinator	1	9,506,456 ISK
22	Other Sales Career	1	9,270,529 ISK
23	Construction Worker	1	9,187,261 ISK
24	Game Producer	1	8,868,066 ISK
25	Healthcare Management	1	8,757,042 ISK
26	Hydraulic and Pneumatic Technician	1	8,604,383 ISK
27	Human Resource	1	8,271,311 ISK
28	Tourism and Travel	1	8,271,311 ISK
29	Other Constr. & Labor Career	1	7,952,116 ISK
30	Construction Manager	1	7,952,116 ISK
31	C, C++ Developer	2	7,882,725 ISK
32	Business Development Manager	2	7,841,091 ISK
33	Engineer	6	7,619,043 ISK
34	Call Center	1	7,383,116 ISK
35	Other Security Career	2	7,341,482 ISK
36	Human Resources Manager	2	7,272,092 ISK
37	Graphical or Printing Technician	1	7,216,580 ISK
38	Other Tourism Career	3	6,925,141 ISK
39	Other Public Sector Career	1	6,675,336 ISK
40	Manager	1	6,619,824 ISK
41	Architect	2	5,939,800 ISK
42	Tourist Guide	2	5,898,166 ISK
43	Software Developer	2	5,898,166 ISK
44	Travel Coordinator	1	5,481,825 ISK
45	Construction Carpenter	2	5,134,874 ISK
46	Sport Team Coach	2	5,023,849 ISK
47	Kindergarten Teacher	1	4,926,703 ISK
48	Other Education Career	2	4,704,655 ISK
49	Bar Manager	1	4,607,508 ISK
50	Food Engineer	1	4,260,557 ISK
51	Insurance Agent	1	4,149,533 ISK
52	Cook	3	3,691,558 ISK
53	Other Restaurant Career	3	3,636,046 ISK
54	Waiter or Waitress	5	3,525,021 ISK
55	IT Project Manager	1	3,400,119 ISK
56	Food Service	1	3,316,851 ISK
57	Mechanical Engineer	2	3,191,948 ISK
58	AutoCAD	1	2,761,729 ISK

People's individual salary examples (surveys)

50/50 Brewer (Man)

Posted 20 May 2024

What I do?

"Brewer in craft berwing industry. All operations and processes of brewing."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Some College	2-4 Years	Advanced	9,948,500 ISK

49/50 Project Manager (Woman)

Posted 15 May 2024

What I do?

"7 years."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	2-4 Years	Advanced	12,245,600 ISK

48/50 Carpenter (Man)

Posted 16 November 2023

What I do?

"Building houses."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	1-2 Years	Intermediate	6,323,900 ISK

47/50 Estate Agent (Woman)

Posted 29 September 2022

What I do?

"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	6,645,100 ISK

46/50 Civil Engineer (Man)

Posted 02 September 2022

What I do?

"Quality reports, inspections, drawings."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	Advanced	9,072,200 ISK

45/50 Barista Waiter (Man)

Posted 20 February 2022

What I do?

"Barista."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	1-2 Years	Advanced	4,876,600 ISK

44/50 Bar Tender (Man)

Posted 16 February 2022

What I do?

"High school."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	16-20 Years	Basic	4,384,600 ISK

43/50 Event Mamager (Woman)

Posted 26 December 2021

What I do?

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

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	0-1 Year	Advanced	9,436,900 ISK

42/50 Teachers Assistant (Woman)

Posted 21 October 2021

What I do?

"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	3,957,300 ISK

41/50 Phd Student (Woman)

Posted 23 September 2021

What I do?

"Computer Science, Mathematics, Research."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	1-2 Years	Advanced	5,458,400 ISK

40/50 Construction Project Manager (Man)

Posted 11 September 2021

What I do?

"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	10,137,100 ISK

39/50 Cashier (Man)

Posted 24 December 2020

What I do?

"Cashier stack shelf."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	0-1 Year	n/a	3,310,500 ISK

38/50 Process Engineer (Man)

Posted 19 November 2020

What I do?

"Develop a process."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	4-8 Years	n/a	8,607,400 ISK

37/50 Project Manager (Man)

Posted 11 August 2020

What I do?

"Managing various projects and casino games."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	4-8 Years	n/a	3,403,200 ISK

36/50 Sales Representative (Man)

Posted 11 June 2020

What I do?

"Sales persion. Transportation in the fishing industry."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	12-16 Years	n/a	9,269,600 ISK

35/50 Sales Representative (Man)

Posted 04 May 2020

What I do?

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

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	12-16 Years	n/a	18,112,800 ISK

34/50 Heavyplant Operator (Man)

Posted 19 April 2020

What I do?

"Multi task plant operator."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bellow H. School	8-12 Years	n/a	7,945,300 ISK

33/50 Software Consultant (Man)

Posted 15 March 2020

What I do?

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

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	n/a	11,918,000 ISK

32/50 Landscabing (Man)

Posted 14 February 2020

What I do?

"My job is to look after the projects."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	1-2 Years	n/a	7,945,300 ISK

31/50 Personal Assistant (Man)

Posted 05 December 2019

What I do?

"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	6,676,400 ISK

30/50 Compliance Manager (Man)

Posted 09 August 2019

What I do?

"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	13,237,800 ISK

29/50 Painter (Man)

Posted 05 July 2019

What I do?

"Painting new appartments."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	8-12 Years	n/a	9,189,300 ISK

28/50 Executive Director IT (Man)

Posted 19 June 2019

What I do?

"Business unit manager. 130 employees."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	20+ Years	n/a	34,533,700 ISK

27/50 ATV Guide (Man)

Posted 14 May 2019

What I do?

"Responsible for guiding tourists on ATV bikes."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	0-1 Year	n/a	5,755,500 ISK

26/50 Mechanic (Man)

Posted 07 May 2019

What I do?

"Work in dealership to fix cars."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	20+ Years	n/a	11,511,100 ISK

25/50 Security Guard (Man)

Posted 05 April 2019

What I do?

"Weapon and explosive search."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	High School	8-12 Years	n/a	11,511,100 ISK

24/50 Director (Man)

Posted 18 March 2019

What I do?

"Business administration."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	12-16 Years	n/a	13,813,500 ISK

23/50 Software Engineer (Man)

Posted 16 March 2019

What I do?

"Doing my work and nothing else."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	2-4 Years	n/a	6,906,700 ISK

22/50 Head Bartender (Man)

Posted 17 February 2019

What I do?

"Responsible of the entire bar&lounge activity."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	20+ Years	n/a	4,604,500 ISK

21/50 RENTAL AGENT (Man)

Posted 13 February 2019

What I do?

"RENTING CARS AND SELLING INSURANCES TO CUSTOMERS."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	2-4 Years	n/a	4,144,000 ISK

20/50 Consultant (Man)

Posted 07 February 2019

What I do?

"Consultant for the pharmaceutical industry."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Doctorate Degree	2-4 Years	n/a	13,237,800 ISK

19/50 Supervisor (Man)

Posted 07 February 2019

What I do?

"Supervising of work on site."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	9,511,900 ISK

18/50 Foreman (Man)

Posted 16 January 2019

What I do?

"Supervise support department of construction company."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Some College	20+ Years	n/a	9,585,400 ISK

17/50 Project Manager (Woman)

Posted 21 December 2018

What I do?

"Developing new projects."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	8-12 Years	n/a	8,762,500 ISK

16/50 Designer (Man)

Posted 14 November 2018

What I do?

"I develop AutoCAD drawings."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	4-8 Years	n/a	2,755,500 ISK

15/50 Dive Instructor (Woman)

Posted 15 October 2018

What I do?

"Snorkeling and diving tours."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	2-4 Years	n/a	6,034,400 ISK

14/50 Hr Generalist (Woman)

Posted 05 September 2018

What I do?

"General hr work."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	1-2 Years	n/a	8,266,500 ISK

13/50 Saless (Man)

Posted 04 September 2018

What I do?

"Head of regional sales."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Some College	16-20 Years	n/a	19,288,400 ISK

12/50 Industrial Engineer (Woman)

Posted 07 August 2018

What I do?

"Project management and industrial process development."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	16-20 Years	n/a	9,644,100 ISK

11/50 Manager Supervisor (Woman)

Posted 02 August 2018

What I do?

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

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Some College	2-4 Years	n/a	6,613,200 ISK

10/50 System Analyst (Man)

Posted 30 July 2018

What I do?

"Making sure everything IT related it running smooth."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	4-8 Years	n/a	11,710,700 ISK

9/50 Junior Cook (Woman)

Posted 29 July 2018

What I do?

"Preparation, grill station, closing kitchen."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	High School	0-1 Year	n/a	4,546,400 ISK

8/50 Sales And Marketing (Woman)

Posted 08 July 2018

What I do?

"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	8,266,500 ISK

7/50 Mechanical Engineer (Man)

Posted 04 June 2018

What I do?

"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	1,997,600 ISK

6/50 Civil Engineer (Man)

Posted 17 April 2018

What I do?

"Quality control, calculation, managing workers."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	2-4 Years	n/a	8,404,100 ISK

5/50 Housekeeping (Woman)

Posted 03 February 2018

What I do?

"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	6,888,600 ISK

4/50 Project Manager (Man)

Posted 23 November 2017

What I do?

"Design proposal, construction drawings and details."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	16-20 Years	n/a	8,619,800 ISK

3/50 Software Developer (Man)

Posted 03 September 2017

What I do?

"Wrote code for financial transaction systems."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Masters Degree	2-4 Years	n/a	8,866,100 ISK

2/50 Head Coach (Man)

Posted 15 August 2017

What I do?

"Head Coach, football. And other."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	14,038,100 ISK

1/50 Head Coach (Man)

Posted 15 August 2017

What I do?

"Coaching and teaching, and other jobs."

City	Education	Experience	Knowledge	Gross salary / year
Reykjavík	Bachelors Degree	8-12 Years	n/a	13,545,500 ISK