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Summary: Cost of living in Greenland is, on average, 69.61% higher than in United States. Rent in Greenland is, on average, 20.02% lower than in United States.

1. Central African Republic. Price of gasoline per liter: $2.03 ($6.35 per gallon)
2. Netherlands. Price of gasoline per liter: $1.97 ($6.16 per gallon)
3. Norway. Price of gasoline per liter: $1.91 ($5.98)
4. Finland.
5. Denmark.
6. Greece.
7. Israel.
8. Italy.

Cheapest Gas Station in Iceland The current price is 205.30 ISK ($1.65) for Gas 95 and 199.70 ISK ($ 1.61 USD) for Diesel. Costco Iceland also offers great prices, but at the moment, unleaded is 197 ISK, and Diesel is 196 ISK ( $1.52 USD).

Cost of Living in Iceland

The average cost for a trip to Iceland for a family of four for a week is $7-9,000. Yup, that is over $1,000 a day. I have worked with families of five that have spent $25,000 on a 10-day trip, and couples who have spent $5,000 on a week-long trip.

A century ago, Iceland banned all alcoholic drinks. Within a decade, red wine had been legalised, followed by spirits in the 1930s. But full-strength beer remained off-limits until 1 March 1989.

What is the average salary in Iceland? Icelandic employees make an average gross salary of $66,460 a year, $5,537.85/month, and $31.96 an hour. After deductions, the average salary comes down to around $3,278 per month, putting Iceland’s salaries among the highest in Europe.

Currently, average wages in the country are of roughly 410,000 ISK net per month. Notice that the average salary in Iceland figures are net, while the minimum wage mentioned above is gross. The average salary of 410,000 ISK per month (approximately 3300 USD) puts Iceland’s figures among the highest salaries in Europe.

1. Surgeons / Doctors. Salary Range: from 1,180,000 ISK to 4,060,000 ISK.
2. Judges. Salary Range: from 987,000 ISK to 3,410,000 ISK.
3. Lawyers. Salary Range: from 799,000 ISK to 2,760,000 ISK.
4. Bank Managers.
5. Chief Executive Officers.
6. Chief Financial Officers.
7. Orthodontists.
8. College Professors.

Iceland is notoriously expensive, and living here without paid employment is not just difficult, but seemingly impossible, especially for foreigners who lack contacts and a basic understanding of the local economy.

In particular, the healthcare, construction, IT and tourism sectors are in need of workers. This can be attributed to a number of factors – for instance, disability rates in Iceland are increasing, and new technology is being developed at a faster rate than workers can be trained to use it.

Iceland pays its retail assistants an hourly wage of £8.72, or £9.59 within the M25. However bosses say there’s always scope to progress with senior supervisor roles starting at £22,742 a year (£24,728 within the M25), and assistant managers being paid £25,344 a year (£27,846 within the M25).

All our Head Office colleagues and management in stores are paid on the 15th of each month. Store colleagues receive their pay weekly straight into their bank account every Friday and receive their first pay the week after they start with us.

Iceland Minimum Wage Rate 2021 Because Iceland does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Iceland. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.

Iceland Foods Salary FAQs The average salary for a a Store Manager is £28,637 per year in United Kingdom, which is 16% lower than the average Iceland Foods salary of £34,451 per year for this job.

Tesco Salary FAQs The average salary for a a Store Manager is £28,642 per year in United Kingdom, which is 25% lower than the average Tesco salary of £38,575 per year for this job.

How much does a Store Manager at Morrisons make? The typical Morrisons Store Manager salary is £59,041 per year. Store Manager salaries at Morrisons can range from £30,191 – £87,488 per year.