Home > Salary > Iceland > Bank Teller I
A bank teller is a financial service professional who assists customers with their banking needs. They work in banks and credit unions, providing various services such as cashing checks, depositing funds, and withdrawing money. Bank tellers are responsible for accurately processing transactions, verifying customer identities, and maintaining the security of cash and other valuable assets. They also provide information about bank products and services, answer customer inquiries, and help resolve any issues or discrepancies.
Estimated Yearly Salary: 4,843,535 ISK
Estimated Monthly Salary: 403,628 ISK
Estimated Weekly Salary: 93,145 ISK per week
Estimated Hourly Salary: 2,329 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 389,890 ISK
Estimated Weekly Salary: 89,975 ISK per week
Estimated Hourly Salary: 2,249 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 33,834 USD
Estimated Monthly Salary: 2,820 USD
Estimated Weekly Salary: 651 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,843,535 ISK
Estimated Monthly Salary: 403,628 ISK
Estimated Weekly Salary: 93,145 ISK per week
Estimated Hourly Salary: 2,329 ISK per hour
By working as Bank Teller I a person can save up to 91 USD per month or 1,088 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.
Estimated Yearly Salary for Bank Teller I
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
It applications support manager (13,872,162 ISK per year, pre-tax.)
Biostatistics director (33,236,874 ISK per year, pre-tax.)
Fire chief (15,793,007 ISK per year, pre-tax.)
Fundraising consultant (13,867,706 ISK per year, pre-tax.)
Program manager it (21,373,209 ISK per year, pre-tax.)
Bank Teller I salary in Iceland
Average Yearly Salary of Bank Teller I in Iceland is approximately 4,843,535 ISK (33,834 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 Bank Teller I do?
A bank teller is a financial service professional who assists customers with their banking needs. They work in banks and credit unions, providing various services such as cashing checks, depositing funds, and withdrawing money. Bank tellers are responsible for accurately processing transactions, verifying customer identities, and maintaining the security of cash and other valuable assets. They also provide information about bank products and services, answer customer inquiries, and help resolve any issues or discrepancies.
Skills: Customer service, Cash handling, Financial transactions, Banking services, Customer inquiries, Account management
Job industry: Banking
Job industry: Banking
How much does Bank Teller I make?
Salary details
How much does Bank Teller I make?Estimated Yearly Salary: 4,843,535 ISK
Estimated Monthly Salary: 403,628 ISK
Estimated Weekly Salary: 93,145 ISK per week
Estimated Hourly Salary: 2,329 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,678,674 ISKEstimated Monthly Salary: 389,890 ISK
Estimated Weekly Salary: 89,975 ISK per week
Estimated Hourly Salary: 2,249 ISK per hour
Last revision of data: 2024-01-02Bank Teller I estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,834 USD
Estimated Monthly Salary: 2,820 USD
Estimated Weekly Salary: 651 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Bank Teller I job salary compared to average salary in Iceland.
Comparison shows that a person working as Bank Teller I in Iceland earns on average:
0.54 times the average salary (or 54% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Bank Teller I job salary compared to average salary in Iceland.
Comparison shows that a person working as Bank Teller I in Iceland earns on average:
0.54 times the average salary (or 54% of average salary).
Is Bank Teller I a well paid job?
No, our data shows that Bank Teller I is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Teller I might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Bank Teller I?
High salary for Bank Teller I would be somewhere between 5,327,889 ISK and 7,023,126 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Teller I 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: 4,843,535 ISK
Estimated Monthly Salary: 403,628 ISK
Estimated Weekly Salary: 93,145 ISK per week
Estimated Hourly Salary: 2,329 ISK per hour
By working as Bank Teller I a person can save up to 91 USD per month or 1,088 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 Bank Teller I
Norway is 47,556 USD
United Kingdom is 22,257 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
It applications support manager (13,872,162 ISK per year, pre-tax.)
Biostatistics director (33,236,874 ISK per year, pre-tax.)
Fire chief (15,793,007 ISK per year, pre-tax.)
Fundraising consultant (13,867,706 ISK per year, pre-tax.)
Program manager it (21,373,209 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iceland&job=bank-teller-i'><img src='https://optisalary.com/wp-content/graphs/salary/bank-teller-i-salary-in-iceland-2025.jpg' alt='bank teller i salary in iceland 2025' title='bank teller i salary in iceland 2025' /></a>
Please note:This website presents salary estimates for educational purposes exclusively.
Salary details displayed on this website are meant for reference use only. Our data is sourced through multiple inputs and may not necessarily be accurate. Users should cross-reference salary information through other means before making employment decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We do not warrant that the information provided is flawless. By using this website, you agree that salary information is presented 'as is' and without assurances.
The salary figures on this website are meant for reference use only. We compile salary data from multiple sources, but cannot ensure absolute accuracy. Users must on their own confirm salaries before making career decisions. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the correctness of the provided salary data. By using this site, you acknowledge that salary data is not definitive.