Medical Records Specialist salary in Iceland

Average Yearly Salary of Medical Records Specialist in Iceland is approximately 6,062,044 ISK (42,449 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 Medical Records Specialist do?

A medical records specialist is responsible for managing and organizing patient medical records in healthcare facilities. They ensure the accuracy, completeness, and confidentiality of all medical information, including diagnoses, treatments, and procedures. This occupation involves maintaining electronic health records (EHRs) and paper-based files, as well as retrieving and delivering records to healthcare providers when needed. Medical records specialists also handle requests for medical records from patients, insurance companies, and other authorized parties, ensuring compliance with privacy laws and regulations.

Skills: Medical records management, Health information management, EHR management, Medical coding, Patient confidentiality, Healthcare administration
Job industry: Healthcare

How much does Medical Records Specialist make?

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


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Salary comparison to National average

Is Medical Records Specialist a well paid job?

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

What is considered a high salary for Medical Records Specialist?

High salary for Medical Records Specialist would be somewhere between 6,668,248 ISK and 8,789,964 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Records Specialist 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: 6,062,044 ISK
Estimated Monthly Salary: 505,170 ISK
Estimated Weekly Salary: 116,578 ISK per week
Estimated Hourly Salary: 2,914 ISK per hour
By working as Medical Records Specialist a person can save up to 809 USD per month or 9,703 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 Medical Records Specialist

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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