Average Salary in Iceland (2023)
Statistical averages from Eurostat. Figures in euros; local currency shown where useful.
Average gross / month
€6,270
Average net / month
€4,545
Real change (3y)
+0.2%
Wage growth after inflation
Net salary trend
Average net monthly salary in euros.
Pay by occupation
Monthly earnings by ISCO-1 occupation group. Click headers to sort.
| Occupation | Median | P10 | P90 | |
|---|---|---|---|---|
| Managers | €8,883 | — | — | — |
| Professionals | €7,229 | — | — | — |
| Technicians and associate professionals | €5,622 | — | — | — |
| Craft and related trades workers | €5,469 | — | — | — |
| Plant and machine operators and assemblers | €4,668 | — | — | — |
| Clerical support workers | €4,085 | — | — | — |
| Service and sales workers | €3,839 | — | — | — |
| Elementary occupations | €3,773 | — | — | — |
Estimate your net salary
Iceland- Net (EUR)
- €4,546
- Net (local)
- —
- Deductions
- 27.5%
Estimate based on Eurostat net/gross ratios. Not tax advice.
Summary
In 2023, the average net monthly salary in Iceland was around €4,545. That corresponds to an average gross salary of roughly €6,270/month. Real wages have grown by 0.2% over the last three years, after inflation. Price levels sit at 173% of the EU average.
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Source: Eurostat. Figures are statistical averages, not tax advice.