Soldier salary in Iceland

Average Yearly Salary of Soldier in Iceland is approximately 7,364,877 ISK (51,500 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 Soldier do?

A soldier is an individual who serves in the military and is responsible for defending their country, maintaining peace, and executing missions assigned by their superiors. Soldiers undergo rigorous training to develop physical strength, tactical skills, and discipline necessary for combat situations. They may be deployed to various locations, both domestically and internationally, to protect national interests and support allies. Soldiers are equipped with firearms, protective gear, and other specialized equipment to carry out their duties effectively. They work in teams, following orders and adhering to a strict chain of command. The occupation of a soldier requires bravery, resilience, and a strong sense of duty. It demands adaptability, as soldiers must be prepared to face unpredictable circumstances and make split-second decisions.

Skills: military, defense, combat, national security, discipline, teamwork.
Job industry: Military

How much does Soldier make?

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


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Salary comparison to National average

Is Soldier a well paid job?

Yes, our data show that Soldier 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 Soldier?

High salary for Soldier would be somewhere between 8,101,365 ISK and 10,679,072 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Soldier 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: 7,364,877 ISK
Estimated Monthly Salary: 613,740 ISK
Estimated Weekly Salary: 141,632 ISK per week
Estimated Hourly Salary: 3,541 ISK per hour
By working as Soldier a person can save up to 1,563 USD per month or 18,754 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 Soldier

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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