Musician salary in Iceland

Average Yearly Salary of Musician in Iceland is approximately 11,422,247 ISK (79,819 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 Musician do?

A musician is an individual who professionally engages in creating, performing, and interpreting music. Musicians can specialize in various genres such as classical, jazz, rock, pop, folk, or electronic music. They may play one or multiple instruments, sing, compose, arrange, conduct, and/or produce music. Musicians typically spend hours practicing their craft to develop technical skills, musicality, and performance abilities. They may perform solo or collaborate with other musicians in bands, ensembles, orchestras, or choirs. Additionally, musicians may also work in recording studios, teach music lessons, write music for films or commercials, or work as session musicians for other artists. The occupation of a musician requires creativity, dedication, discipline, and a deep understanding of music theory and techniques.

Skills: Musician, Performer, Composer, Instrumentalist, Singer, Recording Artist
Job industry: Entertainment

How much does Musician make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Musician a well paid job?

Yes, our data shows that Musician 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 Musician?

High salary for Musician would be somewhere between 12,564,472 ISK and 16,562,258 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Musician 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: 11,422,247 ISK
Estimated Monthly Salary: 951,854 ISK
Estimated Weekly Salary: 219,659 ISK per week
Estimated Hourly Salary: 5,491 ISK per hour
By working as Musician a person can save up to 3,923 USD per month or 47,073 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 Musician

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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