Product Lead Salary in Reykjavík, Iceland
Reykjavík's tech sector rewards product leads with a median of kr1,170,000 annually. Housing costs are a factor in wage considerations. The figure reflects demand from various sectors.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
kr670,000 to kr950,000
Average (per year)
kr810,000
Entry-level roles appear in fintech startups or software consultancies focused on Icelandic clients.
Mid-level (3-5 years)
Salary range (per year)
kr950,000 to kr1,400,000
Average (per year)
kr1,170,000
Mid-level positions are found at digital agencies and expanding SaaS companies serving Nordic markets.
Senior (6-9 years)
Salary range (per year)
kr1,400,000 to kr2,100,000
Average (per year)
kr1,750,000
Product strategy is guided by senior leads at major Icelandic tech employers and international partners.
Principal/Lead (10+ years)
Salary range (per year)
kr2,100,000+
Digital transformation in financial services, government, and healthcare is shaped by principal-level professionals.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
kr4300 - kr6000
per hour
Mid-level
kr6000 - kr9500
per hour
Senior
kr9500 - kr14000
per hour
Reykjavík outpaces the Icelandic average by roughly 15 percent. The gap reflects differences in the local market.