Home > Salary > Iceland > Companion
A companion is an individual who provides social and emotional support to individuals who may be elderly, disabled, or in need of companionship. They assist with daily activities such as meal preparation, light housekeeping, running errands, and medication reminders. Companions also engage in conversation, provide mental stimulation, and offer emotional support to their clients. They play a vital role in enhancing the quality of life for those they work with by promoting independence, reducing loneliness, and ensuring a safe and comfortable environment.
Estimated Yearly Salary: 4,842,492 ISK
Estimated Monthly Salary: 403,541 ISK
Estimated Weekly Salary: 93,125 ISK per week
Estimated Hourly Salary: 2,328 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: 2024-01-08
Estimated Yearly Salary: 33,881 USD
Estimated Monthly Salary: 2,823 USD
Estimated Weekly Salary: 652 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: 4,842,492 ISK
Estimated Monthly Salary: 403,541 ISK
Estimated Weekly Salary: 93,125 ISK per week
Estimated Hourly Salary: 2,328 ISK per hour
By working as Companion a person can save up to 95 USD per month or 1,135 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 Companion
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Associate partner consulting services (26,491,891 ISK per year, pre-tax.)
Rating analyst (5,298,332 ISK per year, pre-tax.)
Sales administration assistant (7,018,011 ISK per year, pre-tax.)
Insulation worker (5,548,812 ISK per year, pre-tax.)
Air conditioning (ac), technician (5,219,275 ISK per year, pre-tax.)
Companion salary in Iceland
Average Yearly Salary of Companion in Iceland is approximately 4,842,492 ISK (33,881 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 Companion do?
A companion is an individual who provides social and emotional support to individuals who may be elderly, disabled, or in need of companionship. They assist with daily activities such as meal preparation, light housekeeping, running errands, and medication reminders. Companions also engage in conversation, provide mental stimulation, and offer emotional support to their clients. They play a vital role in enhancing the quality of life for those they work with by promoting independence, reducing loneliness, and ensuring a safe and comfortable environment.
Skills: Companion, Elderly care, Companionship, Emotional support, Daily activities, Mental stimulation
Job industry: Healthcare
Job industry: Healthcare
How much does Companion make?
Salary details
How much does Companion make?Estimated Yearly Salary: 4,842,492 ISK
Estimated Monthly Salary: 403,541 ISK
Estimated Weekly Salary: 93,125 ISK per week
Estimated Hourly Salary: 2,328 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: 2024-01-08Companion estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,881 USD
Estimated Monthly Salary: 2,823 USD
Estimated Weekly Salary: 652 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
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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 Companion job salary compared to average salary in Iceland.
Comparison shows that a person working as Companion 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 Companion job salary compared to average salary in Iceland.
Comparison shows that a person working as Companion in Iceland earns on average:
0.54 times the average salary (or 54% of average salary).
Is Companion a well paid job?
No, our data shows that Companion is typically not a well-paid job. The salary varies based on experience. Meaning that even though Companion might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Companion?
High salary for Companion would be somewhere between 5,326,741 ISK and 7,021,613 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Companion 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: 4,842,492 ISK
Estimated Monthly Salary: 403,541 ISK
Estimated Weekly Salary: 93,125 ISK per week
Estimated Hourly Salary: 2,328 ISK per hour
By working as Companion a person can save up to 95 USD per month or 1,135 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 Companion
Norway is 47,240 USD
United Kingdom is 22,227 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:
Associate partner consulting services (26,491,891 ISK per year, pre-tax.)
Rating analyst (5,298,332 ISK per year, pre-tax.)
Sales administration assistant (7,018,011 ISK per year, pre-tax.)
Insulation worker (5,548,812 ISK per year, pre-tax.)
Air conditioning (ac), technician (5,219,275 ISK per year, pre-tax.)
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