Physicist salary in Iceland

Average Yearly Salary of Physicist in Iceland is approximately 18,703,145 ISK (130,947 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 Physicist do?

A physicist is a scientist who specializes in the study of matter, energy, and the fundamental principles governing the behavior of the universe. They explore the laws of physics to better understand the nature of the physical world, from the smallest particles to the vastness of space. Physicists conduct research, perform experiments, and develop theories to explain various phenomena. They use mathematical models and advanced technologies to analyze data and make predictions about the behavior of physical systems. Physicists work in a variety of settings, including universities, research laboratories, government agencies, and private industries. They may specialize in areas such as astrophysics, quantum mechanics, particle physics, or condensed matter physics. Some physicists also contribute to technological advancements, such as developing new materials or improving medical imaging techniques.

Skills: physicist, science, research, experiments, theoretical physics, astrophysics
Job industry: Research and development

How much does Physicist make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Physicist a well paid job?

Yes, our data show that Physicist is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Physicist?

High salary for Physicist would be somewhere between 20,573,460 ISK and 27,119,560 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Physicist 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: 18,703,145 ISK
Estimated Monthly Salary: 1,558,595 ISK
Estimated Weekly Salary: 359,676 ISK per week
Estimated Hourly Salary: 8,992 ISK per hour
By working as Physicist a person can save up to 8,183 USD per month or 98,201 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 Physicist

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

Random salary:
Product manager software (18,821,231 ISK per year, pre-tax.)
Director clinical data management (27,646,905 ISK per year, pre-tax.)
Journeyman millwright (7,512,626 ISK per year, pre-tax.)
Lobbyist senior (19,565,546 ISK per year, pre-tax.)
Therapeutic recreation specialist (5,190,926 ISK per year, pre-tax.)

Feedback about these results