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Lead Software Engineer salary in Iceland

Average Yearly Salary of Lead Software Engineer in Iceland is approximately 23,724,358 ISK (165,180 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 Lead Software Engineer do?

occupation personasA lead software engineer is a senior-level position responsible for overseeing the development and implementation of software solutions within an organization. They lead a team of software engineers, providing technical guidance, mentoring, and support throughout the software development life cycle. The lead software engineer collaborates with stakeholders to gather requirements, design software architecture, and ensure that projects are delivered on time and within budget. They also conduct code reviews, identify and resolve technical issues, and make recommendations for process improvements.

Skills: Lead Software Engineer, Software Development, Team Management, Technical Guidance, Software Architecture, Project Delivery
Job industry: Technology


How much does Lead Software Engineer make?

Salary details
How much does Lead Software Engineer make?
Estimated Yearly Salary: 23,724,358 ISK
Estimated Monthly Salary: 1,977,030 ISK
Estimated Weekly Salary: 456,238 ISK per week
Estimated Hourly Salary: 11,406 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 22,861,982 ISK
Estimated Monthly Salary: 1,905,165 ISK
Estimated Weekly Salary: 439,654 ISK per week
Estimated Hourly Salary: 10,991 ISK per hour
Last revision of data: 2024-01-03



Lead Software Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 165,180 USD
Estimated Monthly Salary: 13,765 USD
Estimated Weekly Salary: 3,177 USD per week
Estimated Hourly Salary: 79 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 Lead Software Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Lead Software Engineer in Iceland earns on average:
2.65 times the average salary (or 265% of average salary).

Is Lead Software Engineer a well paid job?

Yes, our data show that Lead Software Engineer 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 Lead Software Engineer?

High salary for Lead Software Engineer would be somewhere between 26,096,794 ISK and 34,400,319 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lead Software Engineer 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: 23,724,358 ISK
Estimated Monthly Salary: 1,977,030 ISK
Estimated Weekly Salary: 456,238 ISK per week
Estimated Hourly Salary: 11,406 ISK per hour
By working as Lead Software Engineer a person can save up to 11,036 USD per month or 132,434 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 Lead Software Engineer

Norway is 231,879 USDup arrow 40%
Details on Lead Software Engineer salary in Norway
United Kingdom is 109,150 USDdown arrow 34%
Details on Lead Software Engineer 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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Salary information displayed on this site is for reference exclusively.
This website displays salary figures solely for reference purposes. While we endeavor for correctness, we cannot ensure the validity of all figures. Users must verify salary details with reliable sources before making career-related plans. Salary estimates can fluctuate based on multiple factors, such as company size, negotiation tactics, and industry demand. We assume no responsibility for misinterpretations in the pay figures provided. By using this website, you accept that salary data is not absolute.
Salary data displayed on this site is informational only. Our figures come from various inputs, but we do not guarantee absolute correctness. Users must always double-check salary details with official resources before making job-related commitments. Salaries differ due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the validity of the provided salary data. By navigating this site, you agree these limitations.