Farmer salary in Iceland

Average Yearly Salary of Farmer in Iceland is approximately 5,629,881 ISK (39,366 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 Farmer do?

A farmer is an agricultural professional who cultivates crops, raises livestock, and manages land for food production. They are responsible for planting, nurturing, and harvesting crops such as grains, fruits, vegetables, or fibers. Farmers also care for and raise animals, including poultry, cattle, sheep, or pigs, ensuring their health and well-being. They use various tools and machinery like tractors, plows, and irrigation systems to maintain and improve the quality of the soil, control pests, and maximize crop yields. Farmers must stay updated on the latest farming techniques, market trends, and environmental regulations to make informed decisions about crop rotation, fertilizers, and pest control methods. They often work long hours, especially during planting and harvesting seasons, and may need to adapt to unpredictable weather conditions and market demands.

Skills: agriculture, farming, crops, livestock, sustainability, rural
Job industry: Agriculture

How much does Farmer make?

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


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Salary comparison to National average

Is Farmer a well paid job?

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

What is considered a high salary for Farmer?

High salary for Farmer would be somewhere between 6,192,869 ISK and 8,163,327 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Farmer 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: 5,629,881 ISK
Estimated Monthly Salary: 469,157 ISK
Estimated Weekly Salary: 108,267 ISK per week
Estimated Hourly Salary: 2,707 ISK per hour
By working as Farmer a person can save up to 552 USD per month or 6,620 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 Farmer

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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