Merchant Mariner salary in Iceland

Average Yearly Salary of Merchant Mariner in Iceland is approximately 14,531,983 ISK (101,277 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 Merchant Mariner do?

A merchant mariner is a professional who works on commercial ships, transporting goods and people across national and international waters. They play a crucial role in the global economy by ensuring the safe and efficient movement of cargo. Merchant mariners may work in various positions, including deck officers, engineers, or stewards, depending on their area of expertise. They are responsible for operating and maintaining the vessel, navigating through waterways, and adhering to safety protocols. Additionally, they may be involved in cargo handling, communication, and emergency response procedures. The occupation of a merchant mariner requires physical stamina, strong navigation skills, and the ability to work in a team-based environment. It offers opportunities for travel, career growth, and exposure to diverse cultures.

Skills: Merchant mariner, Commercial shipping, Cargo transportation, Maritime industry, Navigation skills, Global trade.
Job industry: Transportation

How much does Merchant Mariner make?

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


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Salary comparison to National average

Is Merchant Mariner a well paid job?

Yes, our data shows that Merchant Mariner 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 Merchant Mariner?

High salary for Merchant Mariner would be somewhere between 15,985,181 ISK and 21,071,375 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Merchant Mariner 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: 14,531,983 ISK
Estimated Monthly Salary: 1,210,999 ISK
Estimated Weekly Salary: 279,461 ISK per week
Estimated Hourly Salary: 6,987 ISK per hour
By working as Merchant Mariner a person can save up to 5,711 USD per month or 68,531 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 Merchant Mariner

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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