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It Manager salary in Iceland

Average Yearly Salary of It Manager in Iceland is approximately 21,212,153 ISK (148,560 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 It Manager do?

occupation personasAn IT Manager is responsible for overseeing the information technology needs of an organization. They are in charge of managing the company's technology infrastructure, including hardware, software, networks, and security systems. This role involves planning, implementing, and maintaining IT systems to ensure the smooth running of operations. IT Managers also lead a team of IT professionals, providing guidance and support, as well as staying up to date with emerging technologies and industry trends.

Skills: IT management, Technology infrastructure, Network administration, Software implementation, Security systems, Team leadership
Job industry: Information technology


How much does It Manager make?

Salary details
How much does It Manager make?
Estimated Yearly Salary: 21,212,153 ISK
Estimated Monthly Salary: 1,767,679 ISK
Estimated Weekly Salary: 407,926 ISK per week
Estimated Hourly Salary: 10,198 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 20,522,502 ISK
Estimated Monthly Salary: 1,710,209 ISK
Estimated Weekly Salary: 394,664 ISK per week
Estimated Hourly Salary: 9,867 ISK per hour
Last revision of data: 2024-01-07



It Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 148,560 USD
Estimated Monthly Salary: 12,380 USD
Estimated Weekly Salary: 2,857 USD per week
Estimated Hourly Salary: 71 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 It Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as It Manager in Iceland earns on average:
2.37 times the average salary (or 237% of average salary).

Is It Manager a well paid job?

Yes, our data show that It Manager 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 It Manager?

High salary for It Manager would be somewhere between 23,333,368 ISK and 30,757,622 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as It 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: 21,212,153 ISK
Estimated Monthly Salary: 1,767,679 ISK
Estimated Weekly Salary: 407,926 ISK per week
Estimated Hourly Salary: 10,198 ISK per hour
By working as It Manager a person can save up to 9,651 USD per month or 115,814 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 It Manager

Norway is 207,675 USDup arrow 40%
Details on It Manager salary in Norway
United Kingdom is 97,504 USDdown arrow 34%
Details on It Manager 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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All salary data on optisalary.com are for reference purposes only. We gather data from numerous trusted databases, yet cannot ensure complete accuracy. Before making career decisions, users should cross-check with additional authoritative sources. Salaries change due to several influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for errors in the salary information provided here. Your use with optisalary.com constitutes agreement of this policy.
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