Medical Transcriber salary in Iceland

Average Yearly Salary of Medical Transcriber in Iceland is approximately 5,632,258 ISK (39,359 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 Transcriber do?

A medical transcriber is responsible for converting voice recordings of medical professionals into written reports, such as patient histories, physical examination findings, diagnostic test results, and treatment plans. They typically listen to audio recordings made by doctors or other healthcare professionals and transcribe them accurately and efficiently. Medical transcribers must have a strong understanding of medical terminology, anatomy, and physiology to ensure accurate transcription. They also need excellent typing skills and attention to detail to produce error-free reports.

Skills: medical transcription, healthcare documentation, medical terminology, audio transcription, accurate transcribing, attention to detail
Job industry: Healthcare

How much does Medical Transcriber 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 Transcriber a well paid job?

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

What is considered a high salary for Medical Transcriber?

High salary for Medical Transcriber would be somewhere between 6,195,484 ISK and 8,166,774 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Transcriber 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: 5,632,258 ISK
Estimated Monthly Salary: 469,355 ISK
Estimated Weekly Salary: 108,313 ISK per week
Estimated Hourly Salary: 2,708 ISK per hour
By working as Medical Transcriber a person can save up to 551 USD per month or 6,613 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 Transcriber

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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