Home > Salary > Iceland > Product Manager Software
A Product Manager in the software industry is responsible for overseeing the development and management of software products throughout their lifecycle. They work closely with cross-functional teams including engineers, designers, and marketers to define product vision, gather requirements, and prioritize features. Product Managers conduct market research and competitor analysis to identify customer needs and develop strategies for product improvement. They create and maintain product roadmaps, define product specifications, and collaborate with development teams to ensure timely delivery. Additionally, they monitor product performance, collect user feedback, and iterate on product features based on user insights.
Estimated Yearly Salary: 19,498,209 ISK
Estimated Monthly Salary: 1,624,851 ISK
Estimated Weekly Salary: 374,966 ISK per week
Estimated Hourly Salary: 9,374 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,568,436 ISK
Estimated Weekly Salary: 361,947 ISK per week
Estimated Hourly Salary: 9,049 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 136,019 USD
Estimated Monthly Salary: 11,335 USD
Estimated Weekly Salary: 2,616 USD per week
Estimated Hourly Salary: 65 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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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Estimated Yearly Salary: 19,498,209 ISK
Estimated Monthly Salary: 1,624,851 ISK
Estimated Weekly Salary: 374,966 ISK per week
Estimated Hourly Salary: 9,374 ISK per hour
By working as Product Manager Software a person can save up to 8,606 USD per month or 103,273 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.
Estimated Yearly Salary for Product Manager Software
Last revision of data: 2025-01-04
Data as of 2025
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Product Manager Software salary in Iceland
Average Yearly Salary of Product Manager Software in Iceland is approximately 19,498,209 ISK (136,019 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 Product Manager Software do?

Skills: Product Management, Software Development, Product Strategy, Agile Methodology, User Experience (UX), Market Research
Job industry: Technology
Job industry: Technology
How much does Product Manager Software make?
Salary details
How much does Product Manager Software make?Estimated Yearly Salary: 19,498,209 ISK
Estimated Monthly Salary: 1,624,851 ISK
Estimated Weekly Salary: 374,966 ISK per week
Estimated Hourly Salary: 9,374 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 18,821,231 ISKEstimated Monthly Salary: 1,568,436 ISK
Estimated Weekly Salary: 361,947 ISK per week
Estimated Hourly Salary: 9,049 ISK per hour
Product Manager Software estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 136,019 USD
Estimated Monthly Salary: 11,335 USD
Estimated Weekly Salary: 2,616 USD per week
Estimated Hourly Salary: 65 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Product Manager Software job salary compared to average salary in Iceland.
Comparison shows that a person working as Product Manager Software in Iceland earns on average:
2.18 times the average salary (or 218% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Software job salary compared to average salary in Iceland.
Comparison shows that a person working as Product Manager Software in Iceland earns on average:
2.18 times the average salary (or 218% of average salary).
Is Product Manager Software a well paid job?
Yes, our data show that Product Manager Software 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 Product Manager Software?
High salary for Product Manager Software would be somewhere between 21,448,030 ISK and 28,272,403 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Manager Software 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: 19,498,209 ISK
Estimated Monthly Salary: 1,624,851 ISK
Estimated Weekly Salary: 374,966 ISK per week
Estimated Hourly Salary: 9,374 ISK per hour
By working as Product Manager Software a person can save up to 8,606 USD per month or 103,273 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 Product Manager Software
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
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4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Random salary:
Resident care aide (4,253,392 ISK per year, pre-tax.)
Diagnostic medical sonographer (9,252,345 ISK per year, pre-tax.)
Cell biologist (9,486,742 ISK per year, pre-tax.)
Textile designer (11,781,368 ISK per year, pre-tax.)
Economic policy analyst (7,433,569 ISK per year, pre-tax.)
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