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Project Manager Software Development salary in Iceland

Average Yearly Salary of Project Manager Software Development in Iceland is approximately 17,228,877 ISK (120,811 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 Software Development do?

occupation personasThe occupation of a project manager in software development involves overseeing and coordinating the entire lifecycle of a software project. They are responsible for planning, organizing, and executing projects within specific timeframes and budgets. Project managers collaborate with cross-functional teams including developers, designers, testers, and stakeholders to ensure successful project completion. They define project goals, create timelines, allocate resources, and monitor progress throughout the development process. Additionally, project managers facilitate communication between team members, manage risks, and resolve issues that may arise during the project.

Skills: Project Management, Software Development, Team Coordination, Agile Methodology, Risk Management, Budget Control
Job industry: Technology


How much does Project Manager Software Development make?

Salary details
How much does Project Manager Software Development make?
Estimated Yearly Salary: 17,228,877 ISK
Estimated Monthly Salary: 1,435,740 ISK
Estimated Weekly Salary: 331,325 ISK per week
Estimated Hourly Salary: 8,283 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 16,694,535 ISK
Estimated Monthly Salary: 1,391,211 ISK
Estimated Weekly Salary: 321,049 ISK per week
Estimated Hourly Salary: 8,026 ISK per hour
Last revision of data: 2024-01-05



Project Manager Software Development estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 120,811 USD
Estimated Monthly Salary: 10,068 USD
Estimated Weekly Salary: 2,323 USD per week
Estimated Hourly Salary: 58 USD per hour


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

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.

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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 Project Manager Software Development job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Manager Software Development in Iceland earns on average:
1.93 times the average salary (or 193% of average salary).

Is Project Manager Software Development a well paid job?

Yes, our data shows that Project Manager Software Development 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 Software Development?

High salary for Project Manager Software Development would be somewhere between 18,951,765 ISK and 24,981,872 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Manager Software Development 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: 17,228,877 ISK
Estimated Monthly Salary: 1,435,740 ISK
Estimated Weekly Salary: 331,325 ISK per week
Estimated Hourly Salary: 8,283 ISK per hour
By working as Project Manager Software Development a person can save up to 7,339 USD per month or 88,065 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 Software Development

Norway is 168,642 USDup arrow 40%
Details on Project Manager Software Development salary in Norway
United Kingdom is 79,654 USDdown arrow 34%
Details on Project Manager Software Development salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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This website offers salary estimates for educational purposes only. While we gather data from various sources, we cannot guarantee full accuracy. Users are advised to consult trusted organizations before making any career moves. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the validity of the displayed salary data. Your continued access of this site indicates your understanding of these conditions.