Store Administrator salary in Iceland

Average Yearly Salary of Store Administrator in Iceland is approximately 6,823,924 ISK (47,690 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 Store Administrator do?

A store administrator is responsible for managing the day-to-day operations of a retail establishment. They oversee various administrative tasks, including inventory management, sales tracking, staff scheduling, and customer service. Store administrators ensure that the store runs smoothly by coordinating with different departments, such as purchasing, marketing, and finance. They also handle employee-related matters, such as recruitment, training, and performance evaluation. Additionally, store administrators may be involved in setting sales targets, analyzing data to identify trends, and implementing strategies to improve store performance.

Skills: Store administrator, Retail operations, Inventory management, Customer service, Staff scheduling, Sales tracking
Job industry: Retail

How much does Store Administrator make?

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


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Salary comparison to National average

Is Store Administrator a well paid job?

No, our data shows that Store Administrator is typically not a well-paid job. The salary varies based on experience. Meaning that even though Store Administrator might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Store Administrator?

High salary for Store Administrator would be somewhere between 7,506,316 ISK and 9,894,690 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Store Administrator 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: 6,823,924 ISK
Estimated Monthly Salary: 568,660 ISK
Estimated Weekly Salary: 131,229 ISK per week
Estimated Hourly Salary: 3,281 ISK per hour
By working as Store Administrator a person can save up to 1,245 USD per month or 14,944 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 Store Administrator

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:
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