Project Management Consultant salary in Iceland

Average Yearly Salary of Project Management Consultant in Iceland is approximately 16,556,722 ISK (115,258 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 Project Management Consultant do?

A project management consultant is a professional who specializes in providing expert advice and guidance on project management practices to organizations. Their primary role is to help clients achieve their project goals by implementing effective strategies, processes, and tools. They work closely with stakeholders to identify project requirements, develop project plans, allocate resources, monitor progress, and ensure successful project delivery. Project management consultants are responsible for analyzing and assessing project risks, developing mitigation plans, and resolving any issues that may arise during the project lifecycle. They also provide training and mentorship to project teams, ensuring that they have the necessary skills and knowledge to execute projects effectively.

Skills: Project Management, Consultant, Strategic Planning, Risk Management, Stakeholder Engagement, Project Delivery
Job industry: Management consulting

How much does Project Management Consultant make?

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


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Salary comparison to National average

Is Project Management Consultant a well paid job?

Yes, our data shows that Project Management Consultant 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 Project Management Consultant?

High salary for Project Management Consultant would be somewhere between 18,212,394 ISK and 24,007,247 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Management Consultant 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: 16,556,722 ISK
Estimated Monthly Salary: 1,379,727 ISK
Estimated Weekly Salary: 318,399 ISK per week
Estimated Hourly Salary: 7,960 ISK per hour
By working as Project Management Consultant a person can save up to 6,876 USD per month or 82,512 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 Project Management Consultant

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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