Owner Operator salary in Iceland

Average Yearly Salary of Owner Operator in Iceland is approximately 14,522,661 ISK (101,408 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 Owner Operator do?

An owner operator is a self-employed individual who owns and operates their own business, typically in the transportation industry. They are responsible for providing their own truck or vehicle and offering transportation services to clients. Owner operators may work in various sectors such as trucking, delivery services, courier services, or even passenger transportation. As an owner operator, individuals are responsible for managing all aspects of their business, including finding clients, negotiating contracts, maintaining their vehicle, and ensuring timely and efficient delivery of goods or services. They have the flexibility to choose their own working hours and routes, allowing for a greater level of independence and control over their business operations.

Skills: Owner Operator, Self-Employed, Transportation Services, Trucking, Delivery Services, Courier Services
Job industry: Transportation

How much does Owner Operator make?

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


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Salary comparison to National average

Is Owner Operator a well paid job?

Yes, our data shows that Owner Operator 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 Owner Operator?

High salary for Owner Operator would be somewhere between 15,974,927 ISK and 21,057,858 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Owner Operator 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: 14,522,661 ISK
Estimated Monthly Salary: 1,210,222 ISK
Estimated Weekly Salary: 279,282 ISK per week
Estimated Hourly Salary: 6,982 ISK per hour
By working as Owner Operator a person can save up to 5,722 USD per month or 68,662 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 Owner Operator

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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