Assistant Buyer salary in Iceland

Average Yearly Salary of Assistant Buyer in Iceland is approximately 9,585,516 ISK (67,156 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Assistant Buyer do?

An assistant buyer is responsible for supporting the buying team in the procurement of merchandise for a retail or wholesale organization. They assist in sourcing and selecting products, negotiating with suppliers, monitoring inventory levels, analyzing sales data, and staying updated on market trends. Assistant buyers also collaborate with other departments such as marketing and operations to ensure effective product placement and promotion. They may attend trade shows and conduct market research to identify new product opportunities and potential suppliers. Strong analytical and communication skills are essential for this role, as assistant buyers need to analyze sales performance, negotiate prices, and maintain relationships with vendors. They should also have a keen eye for detail, be organized, and have a good understanding of customer preferences and market demands.

Skills: assistant buyer, procurement, merchandise selection, negotiation, inventory management, market research
Job industry: Retail

How much does Assistant Buyer make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Assistant Buyer a well paid job?

Yes, our data show that Assistant Buyer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Assistant Buyer?

High salary for Assistant Buyer would be somewhere between 10,544,068 ISK and 13,898,998 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Buyer in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 9,585,516 ISK
Estimated Monthly Salary: 798,793 ISK
Estimated Weekly Salary: 184,337 ISK per week
Estimated Hourly Salary: 4,608 ISK per hour
By working as Assistant Buyer a person can save up to 2,868 USD per month or 34,410 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Assistant Buyer

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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