Ironworker salary in Iceland

Average Yearly Salary of Ironworker in Iceland is approximately 9,977,305 ISK (69,814 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 Ironworker do?

An ironworker is a skilled tradesperson who specializes in working with iron and steel. They are responsible for the installation, fabrication, and maintenance of structural steel components used in buildings, bridges, and other infrastructure projects. Ironworkers typically work at heights, using various tools and equipment such as cranes, welding machines, and torches to assemble and secure steel beams and columns. Their job involves reading and interpreting blueprints, measuring and cutting steel materials, and welding or bolting them together. Ironworkers also play a crucial role in reinforcing concrete structures by placing and securing rebar. Safety is paramount in this occupation, as ironworkers must follow strict safety protocols and use personal protective equipment to prevent accidents.

Skills: Ironworker, Structural steel, Construction, Welding, Blueprints, Rebar
Job industry: Construction

How much does Ironworker make?

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


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Salary comparison to National average

Is Ironworker a well paid job?

Yes, our data show that Ironworker 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 Ironworker?

High salary for Ironworker would be somewhere between 10,975,036 ISK and 14,467,092 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Ironworker 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: 9,977,305 ISK
Estimated Monthly Salary: 831,442 ISK
Estimated Weekly Salary: 191,871 ISK per week
Estimated Hourly Salary: 4,797 ISK per hour
By working as Ironworker a person can save up to 3,089 USD per month or 37,068 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 Ironworker

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.

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Data as of 2025

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