Income Auditor salary in Iceland

Average Yearly Salary of Income Auditor in Iceland is approximately 7,585,497 ISK (52,922 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 Income Auditor do?

The occupation of an income auditor involves examining financial records, documents, and transactions to ensure accuracy and compliance with applicable laws and regulations. Income auditors typically work in the accounting or finance departments of organizations, such as hotels, casinos, or large corporations. Their primary responsibility is to verify revenue and expense data, identify discrepancies or irregularities, and reconcile accounts. They may also be responsible for preparing financial reports, conducting audits, and providing recommendations for improving financial processes. Attention to detail, strong analytical skills, and knowledge of accounting principles are essential for success in this role.

Skills: Income Auditor, Financial Analysis, Accounting, Compliance, Financial Reporting, Auditing
Job industry: Hospitality and tourism

How much does Income Auditor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Income Auditor a well paid job?

Yes, our data show that Income Auditor 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 Income Auditor?

High salary for Income Auditor would be somewhere between 8,344,047 ISK and 10,998,971 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Income Auditor 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: 7,585,497 ISK
Estimated Monthly Salary: 632,125 ISK
Estimated Weekly Salary: 145,875 ISK per week
Estimated Hourly Salary: 3,647 ISK per hour
By working as Income Auditor a person can save up to 1,681 USD per month or 20,176 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 Income Auditor

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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