News Correspondent salary in Iceland

Average Yearly Salary of News Correspondent in Iceland is approximately 19,262,163 ISK (135,121 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 News Correspondent do?

A news correspondent is a journalist who works in the field of reporting news for various media outlets. Their primary role is to gather, investigate, and report on current events, both locally and internationally. News correspondents often travel to the location of the news story to gather firsthand information and conduct interviews with key individuals involved. They may cover a wide range of topics, including politics, business, entertainment, sports, and human interest stories. News correspondents must possess excellent communication skills, as they need to accurately convey information to the public through various mediums such as television, radio, print, or online platforms. They should have strong research abilities to gather reliable information and verify facts. Additionally, news correspondents must be adaptable, as they often work under tight deadlines and in challenging environments.

Skills: News correspondent, Journalist, Reporting, Investigative journalism, Communication skills, Research abilities.
Job industry: Media

How much does News Correspondent make?

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


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Salary comparison to National average

Is News Correspondent a well paid job?

Yes, our data show that News Correspondent 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 News Correspondent?

High salary for News Correspondent would be somewhere between 21,188,379 ISK and 27,930,136 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as News 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: 19,262,163 ISK
Estimated Monthly Salary: 1,605,180 ISK
Estimated Weekly Salary: 370,426 ISK per week
Estimated Hourly Salary: 9,261 ISK per hour
By working as News Correspondent a person can save up to 8,531 USD per month or 102,375 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 News Correspondent

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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