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The Chief Information Officer (CIO) is a senior executive responsible for managing and implementing the information technology (IT) strategy of an organization. They play a crucial role in aligning IT initiatives with business objectives, ensuring that technology supports and enhances the overall goals of the company. The CIO oversees the development and implementation of IT policies, systems, and processes, while also managing the IT budget and resources.
This role requires a deep understanding of both technology and business, as the CIO must navigate complex IT landscapes and make strategic decisions that drive innovation and efficiency. They collaborate with other executives and departments to identify opportunities for technology-driven solutions, manage cybersecurity risks, and optimize IT infrastructure. Additionally, the CIO stays updated on emerging technologies and industry trends, evaluating their potential impact on the organization.
Estimated Yearly Salary: 33,778,079 ISK
Estimated Monthly Salary: 2,814,840 ISK
Estimated Weekly Salary: 649,578 ISK per week
Estimated Hourly Salary: 16,239 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,729,250 ISK
Estimated Weekly Salary: 629,827 ISK per week
Estimated Hourly Salary: 15,746 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 237,354 USD
Estimated Monthly Salary: 19,780 USD
Estimated Weekly Salary: 4,565 USD per week
Estimated Hourly Salary: 114 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: 33,778,079 ISK
Estimated Monthly Salary: 2,814,840 ISK
Estimated Weekly Salary: 649,578 ISK per week
Estimated Hourly Salary: 16,239 ISK per hour
By working as Cio a person can save up to 17,051 USD per month or 204,608 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 Cio
Last revision of data: 2025-01-04
Data as of 2025
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Cio salary in Iceland
Average Yearly Salary of Cio in Iceland is approximately 33,778,079 ISK (237,354 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 Cio do?

Skills: CIO, Chief Information Officer, IT Strategy, Technology Management, Business Alignment, Innovation, Cybersecurity.
Job industry: Information technology
Job industry: Information technology
How much does Cio make?
Salary details
How much does Cio make?Estimated Yearly Salary: 33,778,079 ISK
Estimated Monthly Salary: 2,814,840 ISK
Estimated Weekly Salary: 649,578 ISK per week
Estimated Hourly Salary: 16,239 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 32,751,004 ISKEstimated Monthly Salary: 2,729,250 ISK
Estimated Weekly Salary: 629,827 ISK per week
Estimated Hourly Salary: 15,746 ISK per hour
Cio estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 237,354 USD
Estimated Monthly Salary: 19,780 USD
Estimated Weekly Salary: 4,565 USD per week
Estimated Hourly Salary: 114 USD per hour
Difference in salary year over year or average salary increase is approximately
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 Cio job salary compared to average salary in Iceland.
Comparison shows that a person working as Cio in Iceland earns on average:
3.77 times the average salary (or 377% 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 Cio job salary compared to average salary in Iceland.
Comparison shows that a person working as Cio in Iceland earns on average:
3.77 times the average salary (or 377% of average salary).
Is Cio a well paid job?
Yes, our data show that Cio is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cio?
High salary for Cio would be somewhere between 37,155,887 ISK and 48,978,215 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Cio 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: 33,778,079 ISK
Estimated Monthly Salary: 2,814,840 ISK
Estimated Weekly Salary: 649,578 ISK per week
Estimated Hourly Salary: 16,239 ISK per hour
By working as Cio a person can save up to 17,051 USD per month or 204,608 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 Cio
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
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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.)
Random salary:
Physiotherapist (9,647,747 ISK per year, pre-tax.)
Elections director (7,038,167 ISK per year, pre-tax.)
Television director (6,891,280 ISK per year, pre-tax.)
Crew chief (6,167,447 ISK per year, pre-tax.)
Machine design engineer (13,610,883 ISK per year, pre-tax.)
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