Home > Salary > Iceland > Extraction Worker
An extraction worker is responsible for extracting various natural resources, such as minerals, oil, gas, or metals, from the Earth's surface or underground. They work in mines, quarries, oil rigs, or other extraction sites. The occupation involves operating heavy machinery, drilling and blasting rocks, setting up equipment, and monitoring extraction processes to ensure safety and efficiency. Extraction workers also inspect and maintain equipment, collect samples for analysis, and follow environmental regulations.
Estimated Yearly Salary: 7,620,961 ISK
Estimated Monthly Salary: 635,080 ISK
Estimated Weekly Salary: 146,557 ISK per week
Estimated Hourly Salary: 3,664 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
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: 2024-01-09
Estimated Yearly Salary: 53,217 USD
Estimated Monthly Salary: 4,435 USD
Estimated Weekly Salary: 1,023 USD per week
Estimated Hourly Salary: 26 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: 7,620,961 ISK
Estimated Monthly Salary: 635,080 ISK
Estimated Weekly Salary: 146,557 ISK per week
Estimated Hourly Salary: 3,664 ISK per hour
By working as Extraction Worker a person can save up to 1,706 USD per month or 20,471 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 Extraction Worker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Marketing research intern (6,592,729 ISK per year, pre-tax.)
Land surveyor manager (16,375,502 ISK per year, pre-tax.)
Account receivable associate (5,548,812 ISK per year, pre-tax.)
Manufacturer's representative (8,145,314 ISK per year, pre-tax.)
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Extraction Worker salary in Iceland
Average Yearly Salary of Extraction Worker in Iceland is approximately 7,620,961 ISK (53,217 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 Extraction Worker do?
An extraction worker is responsible for extracting various natural resources, such as minerals, oil, gas, or metals, from the Earth's surface or underground. They work in mines, quarries, oil rigs, or other extraction sites. The occupation involves operating heavy machinery, drilling and blasting rocks, setting up equipment, and monitoring extraction processes to ensure safety and efficiency. Extraction workers also inspect and maintain equipment, collect samples for analysis, and follow environmental regulations.Skills: Extraction worker, Mining, Oil and gas, Heavy machinery, Safety protocols, Environmental regulations
Job industry: Mining
Job industry: Mining
How much does Extraction Worker make?
Salary details
How much does Extraction Worker make?Estimated Yearly Salary: 7,620,961 ISK
Estimated Monthly Salary: 635,080 ISK
Estimated Weekly Salary: 146,557 ISK per week
Estimated Hourly Salary: 3,664 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,337,044 ISKEstimated 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: 2024-01-09Extraction Worker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 53,217 USD
Estimated Monthly Salary: 4,435 USD
Estimated Weekly Salary: 1,023 USD per week
Estimated Hourly Salary: 26 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 Extraction Worker job salary compared to average salary in Iceland.
Comparison shows that a person working as Extraction Worker in Iceland earns on average:
0.85 times the average salary (or 85% 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 Extraction Worker job salary compared to average salary in Iceland.
Comparison shows that a person working as Extraction Worker in Iceland earns on average:
0.85 times the average salary (or 85% of average salary).
Is Extraction Worker a well paid job?
Yes, our data show that Extraction Worker 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 Extraction Worker?
High salary for Extraction Worker would be somewhere between 8,383,057 ISK and 11,050,393 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Extraction Worker 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: 7,620,961 ISK
Estimated Monthly Salary: 635,080 ISK
Estimated Weekly Salary: 146,557 ISK per week
Estimated Hourly Salary: 3,664 ISK per hour
By working as Extraction Worker a person can save up to 1,706 USD per month or 20,471 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 Extraction Worker
Norway is 74,535 USD
United Kingdom is 34,823 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:
Marketing research intern (6,592,729 ISK per year, pre-tax.)
Land surveyor manager (16,375,502 ISK per year, pre-tax.)
Account receivable associate (5,548,812 ISK per year, pre-tax.)
Manufacturer's representative (8,145,314 ISK per year, pre-tax.)
Data conversion lead (8,145,314 ISK per year, pre-tax.)
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