Lumber Buyer salary in Iceland

Average Yearly Salary of Lumber Buyer in Iceland is approximately 10,600,031 ISK (73,606 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 Lumber Buyer do?

A lumber buyer is responsible for procuring and purchasing lumber products for various construction projects. They work closely with suppliers, contractors, and other stakeholders to ensure a steady supply of high-quality lumber at competitive prices. Lumber buyers analyze market trends, negotiate contracts, and maintain relationships with suppliers to ensure the timely delivery of materials. They also evaluate the quality of lumber to meet project requirements and ensure compliance with industry standards and regulations. Additionally, lumber buyers monitor inventory levels, track market prices, and make recommendations to optimize procurement strategies. This occupation requires strong analytical skills, negotiation abilities, and knowledge of lumber grades, species, and sizes. Lumber buyers play a crucial role in ensuring the availability of lumber resources for construction projects, making them vital in the construction industry.

Skills: Lumber procurement, Supply chain management, Market analysis, Negotiation skills, Construction industry, Inventory management
Job industry: Wholesale

How much does Lumber Buyer make?

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


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Salary comparison to National average

Is Lumber Buyer a well paid job?

Yes, our data show that Lumber Buyer 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 Lumber Buyer?

High salary for Lumber Buyer would be somewhere between 11,660,034 ISK and 15,370,045 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lumber Buyer 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: 10,600,031 ISK
Estimated Monthly Salary: 883,336 ISK
Estimated Weekly Salary: 203,847 ISK per week
Estimated Hourly Salary: 5,096 ISK per hour
By working as Lumber Buyer a person can save up to 3,405 USD per month or 40,860 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 Lumber Buyer

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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