Average salary in Iceland
Average monthly earnings in Iceland: $6349 (2020), 5552 PPP$. Minimum wage, pay by occupation and gender pay gap.
$6,349/month
Average monthly earnings (2020)$6,349/month
Purchasing power (PPP$) — what the money buys locally5,552 PPP$
In local currency (2020)5,558
Monthly minimum wage (2024)$3,088/month
Monthly minimum wage · In local currency425,985
Gender pay gap (2020)22.8%
Average monthly earnings by occupation
| Occupation | USD/month | PPP$ | |
|---|---|---|---|
| Skilled agricultural, forestry & fishery workers | $9,701 | 8,484 | |
| Managers | $9,540 | 8,342 | |
| Professionals | $7,393 | 6,465 | |
| Technicians & associate professionals | $6,413 | 5,608 | |
| Craft & related trades workers | $6,132 | 5,362 | |
| Clerical support workers | $5,548 | 4,852 | |
| Plant & machine operators, assemblers | $5,526 | 4,832 | |
| Elementary occupations | $4,309 | 3,768 | |
| Service & sales workers | $4,187 | 3,661 |
2020 · ILOSTAT
ℹ️ Averages come from each country’s own official surveys, so the year and method differ between countries — compare with care. Earnings are gross (before tax) where the survey reports it.