Is Project Manager salary in Iceland

Average Yearly Salary of Is Project Manager in Iceland is approximately 17,001,001 ISK (119,727 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 Is Project Manager do?

A project manager is responsible for planning, executing, and closing projects within an organization. They oversee the entire project lifecycle, from defining project objectives and scope, to developing a detailed project plan, allocating resources, managing budgets, and ensuring timely delivery of project milestones. Project managers also act as a liaison between different stakeholders, including clients, team members, and senior management, to ensure effective communication and alignment throughout the project. Key skills for a project manager include leadership, problem-solving, time management, and excellent communication. They must be able to manage risks, handle change requests, and adapt to evolving project requirements. Additionally, project managers should possess strong organizational skills, attention to detail, and the ability to motivate and inspire their team members.

Skills: Project Management, Leadership, Communication, Time Management, Risk Management, Stakeholder Engagement
Job industry: Information technology

How much does Is Project Manager make?

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


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Salary comparison to National average

Is Is Project Manager a well paid job?

Yes, our data shows that Is Project Manager 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 Is Project Manager?

High salary for Is Project Manager would be somewhere between 18,701,101 ISK and 24,651,451 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Is Project Manager 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: 17,001,001 ISK
Estimated Monthly Salary: 1,416,750 ISK
Estimated Weekly Salary: 326,942 ISK per week
Estimated Hourly Salary: 8,174 ISK per hour
By working as Is Project Manager a person can save up to 7,248 USD per month or 86,981 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 Is Project Manager

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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