Pricing Manager salary in Iceland

Average Yearly Salary of Pricing Manager in Iceland is approximately 16,819,674 ISK (118,076 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 Pricing Manager do?

A Pricing Manager is responsible for setting and implementing pricing strategies within a company. They analyze market trends, competitor pricing, and customer demand to determine the optimal price for products or services. Their main goal is to maximize profitability while ensuring competitiveness in the market. Pricing Managers collaborate with various departments such as sales, marketing, and finance to gather relevant data and insights. They conduct pricing research, monitor pricing performance, and make recommendations for pricing adjustments based on their analysis. Additionally, they may also work on developing pricing models, conducting pricing experiments, and evaluating the impact of pricing changes on sales and revenue. Strong analytical skills, market knowledge, and the ability to interpret complex data are essential for this role.

Skills: Pricing strategy, Market analysis, Competitor pricing, Profitability, Pricing research, Data analysis.
Job industry: Retail

How much does Pricing Manager make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Pricing Manager a well paid job?

Yes, our data shows that Pricing 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 Pricing Manager?

High salary for Pricing Manager would be somewhere between 18,501,641 ISK and 24,388,527 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Pricing 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: 16,819,674 ISK
Estimated Monthly Salary: 1,401,640 ISK
Estimated Weekly Salary: 323,455 ISK per week
Estimated Hourly Salary: 8,086 ISK per hour
By working as Pricing Manager a person can save up to 7,111 USD per month or 85,330 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 Pricing 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

Random salary:
Financial controller industrial plant (13,048,245 ISK per year, pre-tax.)
Heavy equipment rental manager (8,066,141 ISK per year, pre-tax.)
Internet marketing coordinator (8,053,146 ISK per year, pre-tax.)
Cable supervisor (12,122,110 ISK per year, pre-tax.)
Bus operator (6,010,077 ISK per year, pre-tax.)

Feedback about these results