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Valuation Associate salary in Iceland

Average Yearly Salary of Valuation Associate in Iceland is approximately 12,908,443 ISK (90,246 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 Valuation Associate do?

occupation personasA Valuation Associate is responsible for conducting financial analysis and providing valuation services for a variety of assets, including businesses, real estate, and investment portfolios. They work closely with senior team members to gather relevant data, perform market research, and apply appropriate valuation methodologies to determine the value of an asset. Valuation Associates also prepare reports and presentations to communicate their findings to clients or internal stakeholders. They may assist in due diligence activities, such as reviewing financial statements and conducting industry research. Strong analytical skills, attention to detail, and knowledge of financial modeling are essential for this role. Additionally, Valuation Associates should have a solid understanding of accounting principles and be proficient in using valuation software and tools.

Skills: Valuation, Financial Analysis, Market Research, Asset Valuation, Financial Modeling, Accounting Principles
Job industry: Consulting


How much does Valuation Associate make?

Salary details
How much does Valuation Associate make?
Estimated Yearly Salary: 12,908,443 ISK
Estimated Monthly Salary: 1,075,704 ISK
Estimated Weekly Salary: 248,239 ISK per week
Estimated Hourly Salary: 6,206 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 12,441,143 ISK
Estimated Monthly Salary: 1,036,762 ISK
Estimated Weekly Salary: 239,253 ISK per week
Estimated Hourly Salary: 5,981 ISK per hour
Last revision of data: 2024-01-03



Valuation Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 90,246 USD
Estimated Monthly Salary: 7,521 USD
Estimated Weekly Salary: 1,736 USD per week
Estimated Hourly Salary: 43 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 Valuation Associate job salary compared to average salary in Iceland.
Comparison shows that a person working as Valuation Associate in Iceland earns on average:
1.44 times the average salary (or 144% of average salary).

Is Valuation Associate a well paid job?

Yes, our data shows that Valuation Associate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Valuation Associate?

High salary for Valuation Associate would be somewhere between 14,199,287 ISK and 18,717,242 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Valuation Associate 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: 12,908,443 ISK
Estimated Monthly Salary: 1,075,704 ISK
Estimated Weekly Salary: 248,239 ISK per week
Estimated Hourly Salary: 6,206 ISK per hour
By working as Valuation Associate a person can save up to 4,792 USD per month or 57,500 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 Valuation Associate

Norway is 126,460 USDup arrow 40%
Details on Valuation Associate salary in Norway
United Kingdom is 59,244 USDdown arrow 34%
Details on Valuation Associate 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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