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Salary Intelligence
National median, after-tax net, and purchasing power for 38 professions in Iceland — anchored to a primary-sourced median wage (2023 data).
What is a good salary in Iceland?
In Iceland, the national median salary is about $67,376 gross (~$42,082 after tax, 2023 data). Estimated pay for a mid-level professional ranges from ~$41,365 to ~$140,661 net depending on the role — highest for a cto / technology director. Figures are modelled estimates anchored to Iceland's national median wage; not a job offer.
Key facts
National median (2023)
$67,376 gross · $42,082 after tax · $34,701 PPP-equivalent. Source & methodology
| Profession | Est. gross | Est. net |
|---|---|---|
| CTO / Technology Director | $254,940 | $140,661 |
| Doctor (Physician) | $254,821 | $140,602 |
| Dentist | $189,018 | $107,818 |
| Senior Software Engineer | $183,061 | $104,851 |
| Engineering Manager | $177,674 | $102,167 |
| AI Engineer | $171,080 | $98,882 |
| Product Manager | $150,134 | $88,447 |
| Pharmacist | $150,102 | $88,431 |
| Data Engineer | $144,033 | $85,408 |
| Software Engineer | $140,086 | $83,441 |
| Cloud Engineer | $138,112 | $82,458 |
| DevOps Engineer | $137,699 | $82,252 |
| Cybersecurity Specialist | $133,130 | $79,976 |
| Management Consultant | $128,212 | $77,379 |
| Sales Manager | $120,134 | $72,692 |
| Data Scientist | $119,258 | $72,184 |
| General Manager | $111,892 | $67,909 |
| Mechanical Engineer | $111,746 | $67,825 |
| Marketing Manager | $109,213 | $66,355 |
| Project Manager | $109,213 | $66,355 |
| Civil Engineer | $109,027 | $66,248 |
| Physiotherapist | $106,253 | $64,638 |
| Operations Manager | $104,502 | $63,622 |
| UX Designer | $102,502 | $62,462 |
| HR Manager | $99,476 | $60,706 |
| Business Analyst | $98,054 | $59,881 |
| University Lecturer | $92,601 | $56,717 |
| Finance Analyst | $91,936 | $56,332 |
| Accountant | $77,186 | $47,774 |
| Content Writer | $77,026 | $47,681 |
| Remote Freelancer | $76,777 | $47,536 |
| Hospitality Manager | $75,662 | $46,890 |
| Teacher | $72,569 | $45,094 |
| Nurse | $72,528 | $45,071 |
| Plumber | $70,843 | $44,093 |
| Electrician | $70,063 | $43,640 |
| Chef | $67,893 | $42,381 |
| Graphic Designer | $66,141 | $41,365 |
“vs median” = estimated gross ÷ Iceland's national median gross. Tap a role for the full country-by-country ranking. Regulated professions (medicine, nursing, dentistry, pharmacy, teaching) require local credential recognition before you can practise.
Iceland salary estimates · Source: Iceland national median wage (national statistical office / Eurostat, 2023) + WhereNext tax engine · Last verified Jun 22, 2026 (today)
Modelled estimate, not survey data. Each profession figure is the country's national median wage scaled by the role's skill premium — a directional model, not a per-role salary survey. It is for a mid-level professional and varies widely by employer, seniority, bonus, equity, contract type and tax regime. Net is modelled via WhereNext's tax engine and is not tax or employment advice — verify with an employer or qualified advisor before making decisions.
Turn salary, tax and cost of living into a relocation decision built around your real numbers.
The national median is about $67,376 gross (~$42,082 after tax) for 2023. A "good" salary is typically well above the median — many skilled professions here estimate above $98,463 net. Cost of living matters as much as the headline number.
Among the roles modelled, the highest after-tax pay in Iceland is estimated for cto / technology director, doctor (physician), dentist. These are directional estimates — actual pay varies by employer, seniority and sector.
Yes. Net figures are computed with WhereNext's tax engine using Iceland's domestic resident income tax brackets and social contributions — not expat regimes. Verify your own situation with a qualified advisor.
The national median is primary-sourced (national statistical office / Eurostat, 2023 data). Per-profession figures are a model — the national median × the role's skill premium, not a per-role salary survey — so treat them as a planning guide, not a quote.