Project Manager Construction salary in Iceland

Average Yearly Salary of Project Manager Construction in Iceland is approximately 14,649,266 ISK (102,332 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 Manager Construction do?

A project manager in construction is responsible for planning, coordinating, and overseeing all aspects of a construction project from start to finish. They work closely with architects, engineers, contractors, and other stakeholders to ensure that the project is completed on time, within budget, and meets the required quality standards. Their key responsibilities include developing project plans, setting objectives, allocating resources, managing budgets, monitoring progress, and resolving any issues or conflicts that may arise during the construction process. They also need to ensure compliance with safety regulations and building codes. Effective communication, problem-solving, and leadership skills are essential for success in this role.

Skills: Construction project management, Project planning, Budget management, Resource allocation, Quality control, Conflict resolution
Job industry: Construction

How much does Project Manager Construction 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 Manager Construction a well paid job?

Yes, our data shows that Project Manager Construction 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 Manager Construction?

High salary for Project Manager Construction would be somewhere between 16,114,193 ISK and 21,241,436 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Manager Construction 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: 14,649,266 ISK
Estimated Monthly Salary: 1,220,772 ISK
Estimated Weekly Salary: 281,717 ISK per week
Estimated Hourly Salary: 7,043 ISK per hour
By working as Project Manager Construction a person can save up to 5,799 USD per month or 69,586 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 Manager Construction

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.

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Data as of 2025

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