Home > Salary > Iceland > Inventory Assistant
An inventory assistant is responsible for managing and organizing inventory within a company or organization. They play a crucial role in maintaining accurate stock levels, tracking inventory movement, and ensuring efficient storage and retrieval of items. Inventory assistants typically work closely with other team members, such as warehouse staff and purchasing managers, to ensure smooth operations and timely delivery of goods. Their tasks may include receiving and inspecting incoming shipments, updating inventory records, conducting regular stock audits, and assisting in the preparation of inventory reports. Attention to detail, strong organizational skills, and proficiency in inventory management software are essential for this role.
Estimated Yearly Salary: 6,044,269 ISK
Estimated Monthly Salary: 503,689 ISK
Estimated Weekly Salary: 116,236 ISK per week
Estimated Hourly Salary: 2,906 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 42,363 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 6,044,269 ISK
Estimated Monthly Salary: 503,689 ISK
Estimated Weekly Salary: 116,236 ISK per week
Estimated Hourly Salary: 2,906 ISK per hour
By working as Inventory Assistant a person can save up to 801 USD per month or 9,617 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 Inventory Assistant
Last revision of data: 2025-01-04
Data as of 2025
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Inventory Assistant salary in Iceland
Average Yearly Salary of Inventory Assistant in Iceland is approximately 6,044,269 ISK (42,363 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 Inventory Assistant do?

Skills: inventory management, stock control, supply chain, warehouse operations, data entry, organizational skills
Job industry: Retail
Job industry: Retail
How much does Inventory Assistant make?
Salary details
How much does Inventory Assistant make?Estimated Yearly Salary: 6,044,269 ISK
Estimated Monthly Salary: 503,689 ISK
Estimated Weekly Salary: 116,236 ISK per week
Estimated Hourly Salary: 2,906 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 5,848,414 ISKEstimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Inventory Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,363 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 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
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 Inventory Assistant job salary compared to average salary in Iceland.
Comparison shows that a person working as Inventory Assistant in Iceland earns on average:
0.68 times the average salary (or 68% 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 Inventory Assistant job salary compared to average salary in Iceland.
Comparison shows that a person working as Inventory Assistant in Iceland earns on average:
0.68 times the average salary (or 68% of average salary).
Is Inventory Assistant a well paid job?
No, our data shows that Inventory Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Inventory Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Inventory Assistant?
High salary for Inventory Assistant would be somewhere between 6,648,696 ISK and 8,764,190 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Assistant 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: 6,044,269 ISK
Estimated Monthly Salary: 503,689 ISK
Estimated Weekly Salary: 116,236 ISK per week
Estimated Hourly Salary: 2,906 ISK per hour
By working as Inventory Assistant a person can save up to 801 USD per month or 9,617 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 Inventory Assistant
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
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4. Neurosurgeon
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(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:
Data entry operator (4,349,415 ISK per year, pre-tax.)
Ocean import (6,264,847 ISK per year, pre-tax.)
Quality assurance specialist ii (7,512,626 ISK per year, pre-tax.)
Logistics center manager (11,590,436 ISK per year, pre-tax.)
Underwriter business banking (11,909,469 ISK per year, pre-tax.)
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