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Billing Administrator salary in Iceland

Average Yearly Salary of Billing Administrator in Iceland is approximately 7,599,113 ISK (52,996 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 Billing Administrator do?

occupation personasA biller in a medical or dental office is responsible for processing and managing patient billing and insurance claims. They ensure accurate and timely submission of claims to insurance companies, follow up on outstanding payments, and handle any billing inquiries from patients or insurance providers. Billers also review and verify patient information, codes, and procedures to ensure compliance with billing regulations and guidelines. The occupation of a biller in a medical or dental office requires strong attention to detail, knowledge of medical coding and billing practices, and proficiency in using billing software and electronic health records systems. Effective communication skills are essential for interacting with patients, insurance companies, and healthcare providers. Additionally, the ability to multitask, work under pressure, and maintain confidentiality is crucial in this role.

Skills: Medical billing, Dental billing, Insurance claims, Healthcare administration, Medical coding, Billing software
Job industry: Finance


How much does Billing Administrator make?

Salary details
How much does Billing Administrator make?
Estimated Yearly Salary: 7,599,113 ISK
Estimated Monthly Salary: 633,259 ISK
Estimated Weekly Salary: 146,137 ISK per week
Estimated Hourly Salary: 3,653 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 7,337,044 ISK
Estimated Monthly Salary: 611,420 ISK
Estimated Weekly Salary: 141,097 ISK per week
Estimated Hourly Salary: 3,527 ISK per hour
Last revision of data: 2024-01-03



Billing Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 52,996 USD
Estimated Monthly Salary: 4,416 USD
Estimated Weekly Salary: 1,019 USD per week
Estimated Hourly Salary: 25 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Billing Administrator job salary compared to average salary in Iceland.
Comparison shows that a person working as Billing Administrator in Iceland earns on average:
0.85 times the average salary (or 85% of average salary).

Is Billing Administrator a well paid job?

Yes, our data show that Billing Administrator 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 Billing Administrator?

High salary for Billing Administrator would be somewhere between 8,359,024 ISK and 11,018,714 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Billing Administrator 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: 7,599,113 ISK
Estimated Monthly Salary: 633,259 ISK
Estimated Weekly Salary: 146,137 ISK per week
Estimated Hourly Salary: 3,653 ISK per hour
By working as Billing Administrator a person can save up to 1,688 USD per month or 20,250 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 Billing Administrator

Norway is 74,070 USDup arrow 40%
Details on Billing Administrator salary in Norway
United Kingdom is 34,835 USDdown arrow 34%
Details on Billing Administrator salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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The salary data on this site is designed for reference purposes exclusively. We offer salary insights based on multiple datasets, but cannot guarantee complete precision. Users should always verify salary details with other reliable sources before making career-related decisions. Variations in salary figures may occur due to several factors, including company policies, market demand, and individual skills. We do not offer any warranty regarding the completeness of the provided salary information. Use of this website implies acknowledgment of these terms.
The salary figures on optisalary.com are meant for reference use exclusively. We collect salary data from varied providers, but cannot guarantee complete precision. Users must on their own confirm salaries before making financial commitments. Salary variations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is not definitive.