Precious Metal Worker salary in Iceland

Average Yearly Salary of Precious Metal Worker in Iceland is approximately 10,716,150 ISK (74,461 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 Precious Metal Worker do?

A precious metal worker is a skilled artisan who specializes in working with precious metals such as gold, silver, platinum, and palladium. They create intricate and unique pieces of jewelry, decorative items, and other objects of art using various techniques like casting, soldering, engraving, and polishing. Precious metal workers may also repair and restore damaged or worn-out pieces, ensuring their longevity and beauty. This occupation requires exceptional craftsmanship, attention to detail, and creativity. Precious metal workers often collaborate with designers and clients to bring their visions to life. They must possess a deep understanding of different metals, their properties, and how they can be manipulated to achieve desired results. Additionally, they need to be proficient in using specialized tools and equipment specific to the trade.

Skills: precious metal worker, jewelry maker, metal artist, goldsmith, silversmith, metalworking artisan
Job industry: Manufacturing

How much does Precious Metal Worker make?

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


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Salary comparison to National average

Is Precious Metal Worker a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Precious Metal Worker?

High salary for Precious Metal Worker would be somewhere between 11,787,765 ISK and 15,538,418 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Precious Metal Worker 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: 10,716,150 ISK
Estimated Monthly Salary: 893,013 ISK
Estimated Weekly Salary: 206,080 ISK per week
Estimated Hourly Salary: 5,152 ISK per hour
By working as Precious Metal Worker a person can save up to 3,476 USD per month or 41,715 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 Precious Metal Worker

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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