Cab Driver salary in Iceland

Average Yearly Salary of Cab Driver in Iceland is approximately 4,847,628 ISK (33,860 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 Cab Driver do?

A cab driver is a professional who operates a taxi or cab to transport passengers from one location to another. They are responsible for picking up passengers, determining the best route to their destination, and ensuring a safe and comfortable journey. Cab drivers must have a valid driver's license and a good knowledge of the local area to navigate through traffic and find the most efficient routes. They may also be required to assist passengers with loading and unloading luggage, provide information about local attractions, and handle payments. Cab drivers often work irregular hours, including nights, weekends, and holidays, to accommodate the needs of their customers.

Skills: Cab driver, Taxi driver, Transportation, Passenger service, Local knowledge, Customer satisfaction
Job industry: Transportation

How much does Cab Driver make?

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


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Salary comparison to National average

Is Cab Driver a well paid job?

No, our data shows that Cab Driver is typically not a well-paid job. The salary varies based on experience. Meaning that even though Cab Driver might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Cab Driver?

High salary for Cab Driver would be somewhere between 5,332,391 ISK and 7,029,061 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Cab Driver 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: 4,847,628 ISK
Estimated Monthly Salary: 403,969 ISK
Estimated Weekly Salary: 93,224 ISK per week
Estimated Hourly Salary: 2,331 ISK per hour
By working as Cab Driver a person can save up to 93 USD per month or 1,114 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 Cab Driver

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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