Home > Salary > Iceland > Gunsmith
A gunsmith is a skilled professional who specializes in the design, repair, modification, and maintenance of firearms. They possess extensive knowledge of firearms, their components, and their functionality. Gunsmiths often work in gun shops, firearm manufacturing companies, or as independent contractors. Their main responsibilities include inspecting firearms, diagnosing issues, replacing or repairing damaged parts, customizing firearms to meet the specific needs of customers, and ensuring that firearms are safe and functional. They may also provide advice and guidance to customers on firearm selection, safety practices, and legal regulations.
Estimated Yearly Salary: 6,803,142 ISK
Estimated Monthly Salary: 566,929 ISK
Estimated Weekly Salary: 130,830 ISK per week
Estimated Hourly Salary: 3,271 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 549,394 ISK
Estimated Weekly Salary: 126,783 ISK per week
Estimated Hourly Salary: 3,170 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 47,570 USD
Estimated Monthly Salary: 3,964 USD
Estimated Weekly Salary: 915 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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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Estimated Yearly Salary: 6,803,142 ISK
Estimated Monthly Salary: 566,929 ISK
Estimated Weekly Salary: 130,830 ISK per week
Estimated Hourly Salary: 3,271 ISK per hour
By working as Gunsmith a person can save up to 1,235 USD per month or 14,824 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 Gunsmith
Last revision of data: 2025-01-04
Data as of 2025
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Gunsmith salary in Iceland
Average Yearly Salary of Gunsmith in Iceland is approximately 6,803,142 ISK (47,570 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 Gunsmith do?

How much does Gunsmith make?
Salary details
How much does Gunsmith make?Estimated Yearly Salary: 6,803,142 ISK
Estimated Monthly Salary: 566,929 ISK
Estimated Weekly Salary: 130,830 ISK per week
Estimated Hourly Salary: 3,271 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 6,592,729 ISKEstimated Monthly Salary: 549,394 ISK
Estimated Weekly Salary: 126,783 ISK per week
Estimated Hourly Salary: 3,170 ISK per hour
Gunsmith estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 47,570 USD
Estimated Monthly Salary: 3,964 USD
Estimated Weekly Salary: 915 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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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 Gunsmith job salary compared to average salary in Iceland.
Comparison shows that a person working as Gunsmith in Iceland earns on average:
0.76 times the average salary (or 76% 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 Gunsmith job salary compared to average salary in Iceland.
Comparison shows that a person working as Gunsmith in Iceland earns on average:
0.76 times the average salary (or 76% of average salary).
Is Gunsmith a well paid job?
No, our data shows that Gunsmith is typically not a well-paid job. The salary varies based on experience. Meaning that even though Gunsmith might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Gunsmith?
High salary for Gunsmith would be somewhere between 7,483,456 ISK and 9,864,556 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Gunsmith 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: 6,803,142 ISK
Estimated Monthly Salary: 566,929 ISK
Estimated Weekly Salary: 130,830 ISK per week
Estimated Hourly Salary: 3,271 ISK per hour
By working as Gunsmith a person can save up to 1,235 USD per month or 14,824 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 Gunsmith
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 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.)
Random salary:
Social worker (bsw) (5,456,562 ISK per year, pre-tax.)
Paint production supervisor (11,803,077 ISK per year, pre-tax.)
Department manager hardware store (4,349,415 ISK per year, pre-tax.)
Sales intern (3,716,726 ISK per year, pre-tax.)
Fixed asset accountant (10,739,729 ISK per year, pre-tax.)
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