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Cobol Programmer salary in Iceland

Average Yearly Salary of Cobol Programmer in Iceland is approximately 14,295,140 ISK (99,785 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 Cobol Programmer do?

occupation personasA COBOL programmer is a professional who specializes in coding and maintaining software applications written in the COBOL programming language. COBOL (Common Business-Oriented Language) is a high-level programming language commonly used in business, finance, and administrative systems. The primary responsibility of a COBOL programmer is to write, test, and debug COBOL code to develop or modify software applications. They work closely with system analysts and end-users to gather requirements and ensure that the software meets the desired specifications. COBOL programmers also perform maintenance tasks, such as troubleshooting and resolving issues, optimizing performance, and implementing enhancements.

Skills: COBOL programmer, software development, programming languages, business applications, maintenance, debugging
Job industry: Information technology


How much does Cobol Programmer make?

Salary details
How much does Cobol Programmer make?
Estimated Yearly Salary: 14,295,140 ISK
Estimated Monthly Salary: 1,191,262 ISK
Estimated Weekly Salary: 274,907 ISK per week
Estimated Hourly Salary: 6,873 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,823,524 ISK
Estimated Monthly Salary: 1,151,960 ISK
Estimated Weekly Salary: 265,837 ISK per week
Estimated Hourly Salary: 6,646 ISK per hour
Last revision of data: 2024-01-07



Cobol Programmer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 99,785 USD
Estimated Monthly Salary: 8,315 USD
Estimated Weekly Salary: 1,919 USD per week
Estimated Hourly Salary: 48 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Cobol Programmer job salary compared to average salary in Iceland.
Comparison shows that a person working as Cobol Programmer in Iceland earns on average:
1.6 times the average salary (or 160% of average salary).

Is Cobol Programmer a well paid job?

Yes, our data shows that Cobol Programmer 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 Cobol Programmer?

High salary for Cobol Programmer would be somewhere between 15,724,654 ISK and 20,727,953 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Cobol Programmer 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: 14,295,140 ISK
Estimated Monthly Salary: 1,191,262 ISK
Estimated Weekly Salary: 274,907 ISK per week
Estimated Hourly Salary: 6,873 ISK per hour
By working as Cobol Programmer a person can save up to 5,587 USD per month or 67,039 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 Cobol Programmer

Norway is 140,002 USDup arrow 40%
Details on Cobol Programmer salary in Norway
United Kingdom is 65,614 USDdown arrow 34%
Details on Cobol Programmer salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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cobol programmer salary in iceland 2025
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The salary estimates on this website are meant for reference purposes exclusively.
optisalary.com compiles salary information for educational purposes only. While we endeavor to deliver accurate estimates, we cannot ensure their absolute precision. Users are highly encouraged to check with other sources before finalizing financial decisions. Salary amounts vary based on several factors, such as industry trends, negotiation power, and regional demand. We do not offer any guarantees as to the correctness of the listed data. Your access of this site acknowledges agreement of this disclaimer.
All salary data on this website are for informational use exclusively. We compile data from various reliable databases, yet cannot guarantee complete precision. Before making career choices, visitors should consult additional verified sources. Salaries change due to various influences, including negotiation skills, industry demand, and experience levels. We deny any responsibility for errors in the salary estimates provided here. Your use with this website constitutes acceptance of this policy.