Wood Boatbuilder salary in Iceland

Average Yearly Salary of Wood Boatbuilder in Iceland is approximately 7,289,035 ISK (50,780 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 Wood Boatbuilder do?

A wood boat builder is a skilled craftsman who specializes in constructing and repairing wooden boats. They work with different types of wood, such as oak, mahogany, or teak, and use traditional woodworking techniques to create beautiful and functional vessels. Boat builders interpret blueprints and plans, measure and cut wood, shape and assemble the hull, install decks and cabins, and finish the boat with varnish or paint. They may also repair damaged boats, replace planks, or fix structural issues. Attention to detail, precision, and a deep understanding of wood properties are essential for this occupation. Wood boat builders often work independently or as part of a team in boatyards, marinas, or specialized workshops.

Skills: wood boat builder, wooden boat construction, boat building craftsmanship, traditional woodworking, boat repair, boatyard.
Job industry: Manufacturing

How much does Wood Boatbuilder make?

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


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Salary comparison to National average

Is Wood Boatbuilder a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Wood Boatbuilder?

High salary for Wood Boatbuilder would be somewhere between 8,017,939 ISK and 10,569,101 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Wood Boatbuilder 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: 7,289,035 ISK
Estimated Monthly Salary: 607,420 ISK
Estimated Weekly Salary: 140,174 ISK per week
Estimated Hourly Salary: 3,504 ISK per hour
By working as Wood Boatbuilder a person can save up to 1,503 USD per month or 18,034 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 Wood Boatbuilder

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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