Pharmacy Resident salary in Iceland

Average Yearly Salary of Pharmacy Resident in Iceland is approximately 8,173,475 ISK (56,932 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 Pharmacy Resident do?

A pharmacy resident is a highly trained professional who has completed a Doctor of Pharmacy (PharmD) degree and is undergoing additional training in a specialized area of pharmacy practice. They work under the guidance of experienced pharmacists and healthcare professionals to gain hands-on experience in various aspects of patient care, medication management, and pharmaceutical research. Pharmacy residents typically work in hospitals, clinics, or other healthcare settings, where they collaborate with physicians, nurses, and other healthcare providers to optimize medication therapy for patients. They are responsible for conducting medication reviews, providing drug information to healthcare professionals and patients, monitoring drug therapies, participating in interdisciplinary rounds, and assisting with clinical research projects. The role of a pharmacy resident involves continuous learning, critical thinking, and effective communication skills to ensure safe and effective medication use.

Skills: Pharmacy, Resident, Medication Management, Patient Care, Pharmaceutical Research, Healthcare
Job industry: Healthcare

How much does Pharmacy Resident make?

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


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Salary comparison to National average

Is Pharmacy Resident a well paid job?

Yes, our data show that Pharmacy Resident is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Pharmacy Resident?

High salary for Pharmacy Resident would be somewhere between 8,990,823 ISK and 11,851,539 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Pharmacy Resident 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: 8,173,475 ISK
Estimated Monthly Salary: 681,123 ISK
Estimated Weekly Salary: 157,182 ISK per week
Estimated Hourly Salary: 3,930 ISK per hour
By working as Pharmacy Resident a person can save up to 2,016 USD per month or 24,186 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 Pharmacy Resident

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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