Taxi Cab Driver salary in Iceland

Average Yearly Salary of Taxi Cab Driver in Iceland is approximately 5,614,865 ISK (39,187 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 Taxi Cab Driver do?

A taxi cab driver is an individual who operates a taxi or a car-for-hire to transport passengers from one location to another. This occupation requires excellent driving skills, knowledge of local streets and traffic regulations, and the ability to navigate efficiently through busy city streets. Taxi cab drivers often work long and irregular hours, including evenings, weekends, and holidays, to cater to the needs of their customers. They must possess good communication and customer service skills to interact with passengers, handle payments, and provide assistance when required. Additionally, taxi cab drivers are responsible for maintaining the cleanliness and safety of their vehicles, ensuring they are in proper working condition at all times.

Skills: Taxi cab driver, Transportation, Customer service, Driving skills, Local streets, Communication skills
Job industry: Transportation

How much does Taxi Cab Driver make?

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


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Salary comparison to National average

Is Taxi Cab Driver a well paid job?

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

What is considered a high salary for Taxi Cab Driver?

High salary for Taxi Cab Driver would be somewhere between 6,176,352 ISK and 8,141,554 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Taxi Cab Driver 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: 5,614,865 ISK
Estimated Monthly Salary: 467,905 ISK
Estimated Weekly Salary: 107,978 ISK per week
Estimated Hourly Salary: 2,699 ISK per hour
By working as Taxi Cab Driver a person can save up to 537 USD per month or 6,441 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 Taxi Cab Driver

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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