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Salary data for country: Iceland
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Salaries in Iceland - Paylab.com

The salary range of employees working in Iceland is, by default, in the range of 428,724 ISK (low salaries, employees' actual wages may be even lower) to 1,422,540 ISK (high salaries, actual salaries can be even higher).

This is the total annual salary including bonuses. Salaries can vary significantly within individual job positions. If you are interested in salaries for a specific position, participate in the survey.
Gross salary in Iceland is
80% of people earn:
429K - 1.4M ISK
10% earn less lthan 429K ISK
10% earns more than 1.4M ISK
The displayed value has just informative character. Compare your salary with others to see more detailed information.

Distribution of employees in Iceland into salary brackets in ISK.

Average salary and range in Iceland by age in ISK.

<24
 
 
Average 638K
Median 4.2M
25-34
 
 
Average 858K
Median 4.2M
35-44
 
 
Average 964K
Median 4.2M
45-54
 
 
Average 907K
Median 4.2M
55+
 
 
Average 835K
Median 4.2M

Comparison of the average salary of men and women in Iceland (ISK).

Man icon
Men
961,068 ISK
788,484 ISK
Woman icon
Women
In general, in Iceland, men earn 21.9% more than women.

Salaries in selected countries

Total average salary in randomly selected countries.

The newest profiles in the salary survey

List of the latest respondents whose data are used in further salary survey calculations.

gender icon
Baker
Agriculture, Food Industry
Age group
35-44
Work experience:
over 10 years
Region
Iceland
Education:
Follow-up/Higher Professional Education
Basic gross monthly salary
2,790 USD
Basic gross monthly salary
351,000 ISK
Anually salary
33,480 USD
Anually salary
4,212,000 ISK
ClockPosted: 2025-11-05 23:40:52

Frequently asked Questions

Frequently asked questions and answers about the salary level in $country.

The total gross average salary for job positions in the country based on Paylab.com data in Iceland is 73,000 ISK.

The best-paid positions in the country Iceland are Chief Executive Officer, IT Director, Leasing Director, Plant manager, Country Manager/Director.

The worst-paid positions in the country Iceland are Nursery School Teacher Assistant, Social counselor, Tailor, Porter, Information Staff, Seamstress.

When we add up the average salary of all women and the average salary of all men in the country Iceland, regardless of the work they do, women earn 17.96% less than men.

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