Rancher salary in Iceland

Average Yearly Salary of Rancher in Iceland is approximately 16,388,433 ISK (114,337 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 Rancher do?

A rancher is an individual who owns or manages a large piece of land, known as a ranch, where livestock such as cattle, horses, or sheep are raised. The occupation of a rancher involves a variety of tasks, including but not limited to breeding and caring for the animals, managing their grazing areas, providing shelter and veterinary care, and overseeing the overall operations of the ranch. Ranchers often work long hours, especially during busy seasons such as branding, calving, or shearing. They must have strong knowledge of animal husbandry, land management, and business skills to ensure the profitability and sustainability of their ranch. Additionally, ranchers may also be involved in marketing and selling their livestock or related products.

Skills: Ranching, Livestock management, Animal husbandry, Land management, Business skills, Sustainable agriculture
Job industry: Agriculture

How much does Rancher make?

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


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Salary comparison to National average

Is Rancher a well paid job?

Yes, our data shows that Rancher 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 Rancher?

High salary for Rancher would be somewhere between 18,027,276 ISK and 23,763,228 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Rancher 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: 16,388,433 ISK
Estimated Monthly Salary: 1,365,703 ISK
Estimated Weekly Salary: 315,162 ISK per week
Estimated Hourly Salary: 7,879 ISK per hour
By working as Rancher a person can save up to 6,799 USD per month or 81,591 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 Rancher

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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