Storeman salary in Iceland

Average Yearly Salary of Storeman in Iceland is approximately 6,375,019 ISK (44,770 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 Storeman do?

A storeman is responsible for managing and organizing inventory within a warehouse or storeroom. Their main duties include receiving, inspecting, and storing goods, as well as maintaining accurate records of stock levels. Storemen are also in charge of picking and packing orders, ensuring that items are correctly labeled and packaged for delivery. They may operate forklifts or other machinery to move and stack goods, and they often collaborate with other departments to coordinate the flow of materials. Additionally, storemen may be responsible for conducting regular stock checks, identifying discrepancies, and reporting any damages or shortages. This occupation requires strong organizational skills, attention to detail, and the ability to work efficiently in a fast-paced environment.

Skills: Storeman, Inventory management, Warehouse operations, Stock control, Forklift operation, Logistics coordination
Job industry: Logistics

How much does Storeman make?

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


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Salary comparison to National average

Is Storeman a well paid job?

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

What is considered a high salary for Storeman?

High salary for Storeman would be somewhere between 7,012,521 ISK and 9,243,778 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Storeman 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: 6,375,019 ISK
Estimated Monthly Salary: 531,252 ISK
Estimated Weekly Salary: 122,597 ISK per week
Estimated Hourly Salary: 3,065 ISK per hour
By working as Storeman a person can save up to 1,002 USD per month or 12,024 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 Storeman

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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