Watchmaker salary in Iceland

Average Yearly Salary of Watchmaker in Iceland is approximately 11,514,569 ISK (80,855 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 Watchmaker do?

A watchmaker is a skilled professional who specializes in repairing, maintaining, and creating timepieces such as watches and clocks. They possess a deep understanding of the intricate mechanisms and components that make up these devices and are trained to work with precision and attention to detail. Watchmakers are responsible for diagnosing and fixing issues with the movement, dial, hands, and case of a watch, ensuring its accurate timekeeping. They may also clean, oil, and adjust the delicate parts to optimize performance. In addition, some watchmakers have the expertise to design and craft custom-made timepieces or restore antique watches. The occupation requires a combination of technical knowledge, manual dexterity, patience, and a passion for horology.

Skills: watchmaker, horology, timepiece repair, watch restoration, watch craftsmanship, watch maintenance.
Job industry: Manufacturing

How much does Watchmaker make?

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


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Salary comparison to National average

Is Watchmaker a well paid job?

Yes, our data shows that Watchmaker 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 Watchmaker?

High salary for Watchmaker would be somewhere between 12,666,026 ISK and 16,696,125 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Watchmaker 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: 11,514,569 ISK
Estimated Monthly Salary: 959,547 ISK
Estimated Weekly Salary: 221,434 ISK per week
Estimated Hourly Salary: 5,536 ISK per hour
By working as Watchmaker a person can save up to 4,009 USD per month or 48,109 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 Watchmaker

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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