Metal Caster Foundry salary in Iceland

Average Yearly Salary of Metal Caster Foundry in Iceland is approximately 6,846,924 ISK (47,686 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 Metal Caster Foundry do?

A metal caster foundry is a specialized manufacturing facility that produces metal castings through the process of metal casting. Metal casting involves pouring molten metal into a mold, which solidifies and takes the shape of the mold cavity. Metal caster foundries work with various types of metals, such as iron, steel, aluminum, and bronze, to create a wide range of products, including automotive parts, machinery components, and decorative items. The occupation of a metal caster foundry worker involves operating and maintaining casting equipment, preparing molds, melting and pouring metal, removing castings from molds, and inspecting finished products for quality control. They may also be responsible for sanding, grinding, or polishing castings to achieve the desired finish. Safety precautions are crucial in this occupation due to the high temperatures and heavy machinery involved.

Skills: metal casting, foundry worker, metal caster, manufacturing, metalworking, quality control.
Job industry: Manufacturing

How much does Metal Caster Foundry make?

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


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Salary comparison to National average

Is Metal Caster Foundry a well paid job?

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

What is considered a high salary for Metal Caster Foundry?

High salary for Metal Caster Foundry would be somewhere between 7,531,616 ISK and 9,928,040 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Metal Caster Foundry 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: 6,846,924 ISK
Estimated Monthly Salary: 570,577 ISK
Estimated Weekly Salary: 131,672 ISK per week
Estimated Hourly Salary: 3,292 ISK per hour
By working as Metal Caster Foundry a person can save up to 1,245 USD per month or 14,940 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 Metal Caster Foundry

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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