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Machine Tool Operator salary in Iceland

Average Yearly Salary of Machine Tool Operator in Iceland is approximately 6,815,731 ISK (47,656 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 Machine Tool Operator do?

occupation personasA machine tool operator is responsible for operating and maintaining various types of machine tools, such as lathes, milling machines, grinders, and drill presses. They interpret blueprints, set up machines, and ensure the correct specifications and dimensions are met during the machining process. Machine tool operators use precision measuring instruments to inspect finished products and make necessary adjustments to maintain accuracy. They also monitor machine performance, troubleshoot issues, and perform routine maintenance tasks.

Skills: Machine tool operator, Machining, Precision manufacturing, Equipment maintenance, Blueprint interpretation, Quality control.
Job industry: Manufacturing


How much does Machine Tool Operator make?

Salary details
How much does Machine Tool Operator make?
Estimated Yearly Salary: 6,815,731 ISK
Estimated Monthly Salary: 567,978 ISK
Estimated Weekly Salary: 131,072 ISK per week
Estimated Hourly Salary: 3,277 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,592,729 ISK
Estimated Monthly Salary: 549,394 ISK
Estimated Weekly Salary: 126,783 ISK per week
Estimated Hourly Salary: 3,170 ISK per hour
Last revision of data: 2024-01-03



Machine Tool Operator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 47,656 USD
Estimated Monthly Salary: 3,971 USD
Estimated Weekly Salary: 916 USD per week
Estimated Hourly Salary: 23 USD per hour


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

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.

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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 Machine Tool Operator job salary compared to average salary in Iceland.
Comparison shows that a person working as Machine Tool Operator in Iceland earns on average:
0.76 times the average salary (or 76% of average salary).

Is Machine Tool Operator a well paid job?

No, our data shows that Machine Tool Operator is typically not a well-paid job. The salary varies based on experience. Meaning that even though Machine Tool Operator might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Machine Tool Operator?

High salary for Machine Tool Operator would be somewhere between 7,497,304 ISK and 9,882,810 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Machine Tool Operator 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: 6,815,731 ISK
Estimated Monthly Salary: 567,978 ISK
Estimated Weekly Salary: 131,072 ISK per week
Estimated Hourly Salary: 3,277 ISK per hour
By working as Machine Tool Operator a person can save up to 1,243 USD per month or 14,910 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 Machine Tool Operator

Norway is 67,023 USDup arrow 41%
Details on Machine Tool Operator salary in Norway
United Kingdom is 31,305 USDdown arrow 34%
Details on Machine Tool Operator salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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Please note:
Salary data displayed on this site is informational only.
The salary data presented here are meant for reference purposes solely. While we strive to ensure correctness, we do not guarantee every estimate is flawless. Users should to research salary details with official sources before making critical financial decisions. Salary amounts can change due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the salary data displayed.
This website compiles salary data for educational use only. While we strive to present accurate estimates, we do not warrant their absolute precision. Users are highly encouraged to check with other sources before making financial decisions. Salary figures fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We do not offer any claims as to the validity of the provided information. Your use of this site acknowledges agreement of this notice.