Home > Salary > Iceland > Budget Coordinator
A budget coordinator is responsible for overseeing and managing an organization's financial resources. They work closely with various departments to develop and monitor budgets, ensuring that funds are allocated efficiently and in line with organizational goals. Their main tasks include analyzing financial data, preparing reports, and making recommendations for cost-saving measures. Budget coordinators also collaborate with stakeholders to identify funding opportunities and ensure compliance with budgetary regulations.
Estimated Yearly Salary: 9,655,053 ISK
Estimated Monthly Salary: 804,588 ISK
Estimated Weekly Salary: 185,674 ISK per week
Estimated Hourly Salary: 4,642 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 779,791 ISK
Estimated Weekly Salary: 179,952 ISK per week
Estimated Hourly Salary: 4,499 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 67,917 USD
Estimated Monthly Salary: 5,660 USD
Estimated Weekly Salary: 1,306 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 9,655,053 ISK
Estimated Monthly Salary: 804,588 ISK
Estimated Weekly Salary: 185,674 ISK per week
Estimated Hourly Salary: 4,642 ISK per hour
By working as Budget Coordinator a person can save up to 2,931 USD per month or 35,171 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.
Estimated Yearly Salary for Budget Coordinator
Last revision of data: 2025-01-04
Data as of 2025
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Budget Coordinator salary in Iceland
Average Yearly Salary of Budget Coordinator in Iceland is approximately 9,655,053 ISK (67,917 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 Budget Coordinator do?
A budget coordinator is responsible for overseeing and managing an organization's financial resources. They work closely with various departments to develop and monitor budgets, ensuring that funds are allocated efficiently and in line with organizational goals. Their main tasks include analyzing financial data, preparing reports, and making recommendations for cost-saving measures. Budget coordinators also collaborate with stakeholders to identify funding opportunities and ensure compliance with budgetary regulations.
Skills: Budget management, Financial analysis, Resource allocation, Cost-saving strategies, Reporting, Compliance.
Job industry: Finance
Job industry: Finance
How much does Budget Coordinator make?
Salary details
How much does Budget Coordinator make?Estimated Yearly Salary: 9,655,053 ISK
Estimated Monthly Salary: 804,588 ISK
Estimated Weekly Salary: 185,674 ISK per week
Estimated Hourly Salary: 4,642 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,357,491 ISKEstimated Monthly Salary: 779,791 ISK
Estimated Weekly Salary: 179,952 ISK per week
Estimated Hourly Salary: 4,499 ISK per hour
Last revision of data: 2024-01-03Budget Coordinator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 67,917 USD
Estimated Monthly Salary: 5,660 USD
Estimated Weekly Salary: 1,306 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Budget Coordinator job salary compared to average salary in Iceland.
Comparison shows that a person working as Budget Coordinator in Iceland earns on average:
1.08 times the average salary (or 108% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Budget Coordinator job salary compared to average salary in Iceland.
Comparison shows that a person working as Budget Coordinator in Iceland earns on average:
1.08 times the average salary (or 108% of average salary).
Is Budget Coordinator a well paid job?
Yes, our data show that Budget Coordinator 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 Budget Coordinator?
High salary for Budget Coordinator would be somewhere between 10,620,558 ISK and 13,999,827 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Budget Coordinator 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: 9,655,053 ISK
Estimated Monthly Salary: 804,588 ISK
Estimated Weekly Salary: 185,674 ISK per week
Estimated Hourly Salary: 4,642 ISK per hour
By working as Budget Coordinator a person can save up to 2,931 USD per month or 35,171 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 Budget Coordinator
Norway is 94,867 USD
United Kingdom is 44,382 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Kitchen worker (3,163,211 ISK per year, pre-tax.)
Membership manager (7,965,332 ISK per year, pre-tax.)
Business systems administrator (11,892,378 ISK per year, pre-tax.)
General counsel secretary (22,553,398 ISK per year, pre-tax.)
Studio engineer (10,739,729 ISK per year, pre-tax.)
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