Auctioneer salary in Iceland

Average Yearly Salary of Auctioneer in Iceland is approximately 11,559,605 ISK (80,907 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 Auctioneer do?

An auctioneer is a professional who conducts auctions, facilitating the buying and selling of goods or services through a bidding process. They are responsible for organizing and managing the auction event, ensuring that all participants have a fair chance to bid on the items up for sale. Auctioneers are skilled in creating an engaging atmosphere, using their voice and gestures to encourage bidding and maintain excitement throughout the auction. Their main duties include assessing the value of items, setting minimum bids, describing the items for sale, and managing the bidding process. They must also be knowledgeable about market trends and current prices to provide accurate information to potential buyers. Auctioneers work in various settings, including auction houses, online platforms, and charity events.

Skills: Auctioneer, Bidding, Auction House, Sales, Valuation, Market Trends
Job industry: Auction industry

How much does Auctioneer make?

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


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Salary comparison to National average

Is Auctioneer a well paid job?

Yes, our data shows that Auctioneer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Auctioneer?

High salary for Auctioneer would be somewhere between 12,715,566 ISK and 16,761,427 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Auctioneer 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: 11,559,605 ISK
Estimated Monthly Salary: 963,300 ISK
Estimated Weekly Salary: 222,300 ISK per week
Estimated Hourly Salary: 5,558 ISK per hour
By working as Auctioneer a person can save up to 4,013 USD per month or 48,161 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 Auctioneer

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.

Top 10 highest salaries in Iceland

Data as of 2025

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