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Correspondent salary in Iceland

Average Yearly Salary of Correspondent in Iceland is approximately 16,741,277 ISK (116,913 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 Correspondent do?

occupation personasA correspondent is a professional journalist who reports on news and events from a specific location or beat. They are responsible for gathering information, conducting interviews, and writing articles or producing broadcasts that inform the public about current affairs. Correspondents may work for newspapers, magazines, television networks, radio stations, or online media outlets. Correspondents are often required to have excellent communication skills, as they need to effectively convey information to their audience. They must be knowledgeable about the subject matter they are reporting on and stay up-to-date with current events. Correspondents may travel extensively to cover stories on location, and they must be adaptable and able to work under tight deadlines.

Skills: correspondent, journalist, news reporter, media professional, current affairs, storytelling
Job industry: Journalism


How much does Correspondent make?

Salary details
How much does Correspondent make?
Estimated Yearly Salary: 16,741,277 ISK
Estimated Monthly Salary: 1,395,106 ISK
Estimated Weekly Salary: 321,948 ISK per week
Estimated Hourly Salary: 8,049 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 16,162,861 ISK
Estimated Monthly Salary: 1,346,905 ISK
Estimated Weekly Salary: 310,824 ISK per week
Estimated Hourly Salary: 7,771 ISK per hour
Last revision of data: 2024-01-08



Correspondent estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 116,913 USD
Estimated Monthly Salary: 9,743 USD
Estimated Weekly Salary: 2,248 USD per week
Estimated Hourly Salary: 56 USD per hour


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

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 Correspondent job salary compared to average salary in Iceland.
Comparison shows that a person working as Correspondent in Iceland earns on average:
1.87 times the average salary (or 187% of average salary).

Is Correspondent a well paid job?

Yes, our data shows that Correspondent 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 Correspondent?

High salary for Correspondent would be somewhere between 18,415,405 ISK and 24,274,852 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Correspondent 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: 16,741,277 ISK
Estimated Monthly Salary: 1,395,106 ISK
Estimated Weekly Salary: 321,948 ISK per week
Estimated Hourly Salary: 8,049 ISK per hour
By working as Correspondent a person can save up to 7,014 USD per month or 84,167 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 Correspondent

Norway is 163,772 USDup arrow 40%
Details on Correspondent salary in Norway
United Kingdom is 77,126 USDdown arrow 34%
Details on Correspondent 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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Please note:
The salary figures on this website are meant for informational purposes only.
The salary data presented here are intended for reference purposes solely. While we strive to ensure correctness, we cannot guarantee every estimate is precise. Users are advised to confirm salary details with official sources before making important financial choices. Salary ranges can fluctuate due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.
optisalary.com presents salary insights for informational purposes only. While we collect data from multiple sources, we cannot ensure full reliability. Users are encouraged to review external organizations before making major financial decisions. Salaries shift due to numerous elements, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the correctness of the displayed salary data. Your use of this site confirms your acceptance of these terms.