Journeyman Mold Maker salary in Iceland

Average Yearly Salary of Journeyman Mold Maker in Iceland is approximately 8,826,637 ISK (61,559 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 Journeyman Mold Maker do?

A journeyman mold maker is a skilled professional who specializes in the creation and maintenance of molds used in various manufacturing processes. They work in industries such as automotive, aerospace, and consumer goods, where molds are essential for producing parts and components. The occupation of a journeyman mold maker involves interpreting blueprints or specifications to design and construct molds that meet precise requirements. They use a variety of tools and machinery to shape and machine materials like metal, plastic, or wood to create the molds. Additionally, they may also repair and modify existing molds to ensure their optimal functionality. This occupation requires a strong understanding of engineering principles, precision measurement techniques, and knowledge of different molding techniques. Attention to detail, problem-solving skills, and the ability to work independently are also important qualities for a journeyman mold maker.

Skills: Journeyman mold maker, Mold construction, Mold maintenance, Manufacturing industry, Precision machining, Engineering
Job industry: Manufacturing

How much does Journeyman Mold Maker make?

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


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Salary comparison to National average

Is Journeyman Mold Maker a well paid job?

Yes, our data show that Journeyman Mold Maker 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 Journeyman Mold Maker?

High salary for Journeyman Mold Maker would be somewhere between 9,709,301 ISK and 12,798,624 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Journeyman Mold Maker 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: 8,826,637 ISK
Estimated Monthly Salary: 735,553 ISK
Estimated Weekly Salary: 169,743 ISK per week
Estimated Hourly Salary: 4,244 ISK per hour
By working as Journeyman Mold Maker a person can save up to 2,401 USD per month or 28,813 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 Journeyman Mold Maker

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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