Medical Scientist salary in Iceland

Average Yearly Salary of Medical Scientist in Iceland is approximately 15,898,934 ISK (110,885 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 Scientist do?

A medical scientist is a highly skilled professional who conducts research in the field of medicine to improve human health and advance medical knowledge. They are responsible for designing and conducting experiments, analyzing data, and interpreting results. Medical scientists may specialize in various areas such as genetics, immunology, pharmacology, or epidemiology. They work in laboratories, universities, hospitals, or pharmaceutical companies. The occupation of a medical scientist requires strong analytical and problem-solving skills, as well as attention to detail. They must have excellent communication skills to present their findings to other scientists, healthcare professionals, and the general public. Medical scientists often collaborate with other researchers and healthcare professionals to develop new treatments, vaccines, or diagnostic tools.

Skills: Medical research, Laboratory science, Healthcare innovation, Disease prevention, Data analysis, Scientific investigation
Job industry: Healthcare

How much does Medical Scientist 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 Scientist a well paid job?

Yes, our data shows that Medical Scientist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Scientist?

High salary for Medical Scientist would be somewhere between 17,488,827 ISK and 23,053,454 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Scientist 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: 15,898,934 ISK
Estimated Monthly Salary: 1,324,911 ISK
Estimated Weekly Salary: 305,749 ISK per week
Estimated Hourly Salary: 7,644 ISK per hour
By working as Medical Scientist a person can save up to 6,512 USD per month or 78,139 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 Scientist

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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