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Underground Miner salary in Iceland

Average Yearly Salary of Underground Miner in Iceland is approximately 10,051,590 ISK (69,819 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 Underground Miner do?

occupation personasAn underground miner is an individual who works in the mining industry, specifically in underground mines. Their primary responsibility is to extract valuable minerals and ores from beneath the Earth's surface. The occupation of an underground miner involves operating heavy machinery and equipment, drilling and blasting rocks, and transporting materials to the surface. They may also be involved in setting up support structures to ensure the safety of the mine.

Skills: Underground mining, Mining industry, Heavy machinery, Mineral extraction, Safety protocols, Drill and blast.
Job industry: Mining


How much does Underground Miner make?

Salary details
How much does Underground Miner make?
Estimated Yearly Salary: 10,051,590 ISK
Estimated Monthly Salary: 837,633 ISK
Estimated Weekly Salary: 193,300 ISK per week
Estimated Hourly Salary: 4,832 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 9,676,381 ISK
Estimated Monthly Salary: 806,365 ISK
Estimated Weekly Salary: 186,084 ISK per week
Estimated Hourly Salary: 4,652 ISK per hour
Last revision of data: 2024-01-06



Underground Miner estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 69,819 USD
Estimated Monthly Salary: 5,818 USD
Estimated Weekly Salary: 1,343 USD per week
Estimated Hourly Salary: 34 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Underground Miner job salary compared to average salary in Iceland.
Comparison shows that a person working as Underground Miner in Iceland earns on average:
1.12 times the average salary (or 112% of average salary).

Is Underground Miner a well paid job?

Yes, our data show that Underground Miner 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 Underground Miner?

High salary for Underground Miner would be somewhere between 11,056,749 ISK and 14,574,806 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underground Miner 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: 10,051,590 ISK
Estimated Monthly Salary: 837,633 ISK
Estimated Weekly Salary: 193,300 ISK per week
Estimated Hourly Salary: 4,832 ISK per hour
By working as Underground Miner a person can save up to 3,089 USD per month or 37,073 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 Underground Miner

Norway is 98,117 USDup arrow 41%
Details on Underground Miner salary in Norway
United Kingdom is 46,083 USDdown arrow 34%
Details on Underground Miner salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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underground miner salary in iceland 2025
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Please note:
The salary estimates on optisalary.com are meant for reference purposes only.
The salary figures presented here are intended for reference purposes only. While we strive to ensure accuracy, we do not guarantee every estimate is precise. Users are advised to confirm salary details with official sources before making critical financial decisions. Salary ranges may fluctuate due to negotiation, industry trends, and location. We deny responsibility for errors in the compensation data displayed.
The salary estimates on optisalary.com are meant for informational purposes only. We collect salary data from varied sources, but do not ensure complete precision. Users should on their own verify salaries before making financial decisions. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is subject to updates.