Shipwright salary in Iceland

Average Yearly Salary of Shipwright in Iceland is approximately 10,024,936 ISK (70,241 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 Shipwright do?

A shipwright is a skilled craftsman who specializes in the construction, repair, and maintenance of ships and boats. They work with various materials, such as wood, metal, and fiberglass, to build and shape the hulls, decks, and other structural components of vessels. Shipwrights use their expertise to interpret and follow blueprints and specifications, ensuring that the ship's design and functionality are achieved. They may also be involved in fitting out the interiors, installing equipment, and performing finishing touches. Attention to detail, precision, and knowledge of different construction techniques are essential for shipwrights to produce seaworthy and aesthetically pleasing vessels.

Skills: shipbuilding, boat construction, ship repair, maritime industry, woodworking, ship maintenance
Job industry: Construction

How much does Shipwright make?

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


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Salary comparison to National average

Is Shipwright a well paid job?

Yes, our data show that Shipwright 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 Shipwright?

High salary for Shipwright would be somewhere between 11,027,430 ISK and 14,536,157 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Shipwright 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: 10,024,936 ISK
Estimated Monthly Salary: 835,411 ISK
Estimated Weekly Salary: 192,787 ISK per week
Estimated Hourly Salary: 4,820 ISK per hour
By working as Shipwright a person can save up to 3,125 USD per month or 37,495 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 Shipwright

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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