Grants Administrator salary in Iceland

Average Yearly Salary of Grants Administrator in Iceland is approximately 11,737,850 ISK (82,561 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 Grants Administrator do?

A grants administrator is responsible for managing and coordinating the grant application process for an organization. They work closely with internal teams and external stakeholders to identify funding opportunities, develop grant proposals, and ensure compliance with grant requirements. The role involves conducting research to identify potential sources of funding, preparing grant applications, and tracking the progress of grant-funded projects. Grants administrators also manage the budget and financial reporting related to grants, ensuring that funds are used appropriately and in accordance with grant guidelines. Additionally, they may be involved in monitoring the impact and outcomes of grant-funded programs and providing reports to funders.

Skills: Grants administration, Grant management, Funding opportunities, Grant proposals, Compliance, Financial reporting.
Job industry: Non-profit

How much does Grants Administrator make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Grants Administrator a well paid job?

Yes, our data shows that Grants Administrator 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 Grants Administrator?

High salary for Grants Administrator would be somewhere between 12,911,635 ISK and 17,019,883 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Grants Administrator 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: 11,737,850 ISK
Estimated Monthly Salary: 978,154 ISK
Estimated Weekly Salary: 225,728 ISK per week
Estimated Hourly Salary: 5,643 ISK per hour
By working as Grants Administrator a person can save up to 4,151 USD per month or 49,815 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 Grants Administrator

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 +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 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

Data as of 2025

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