Product Manager Salary in Reykjavík, Iceland
Reykjavík offers a median mid‑level product manager salary of about 1,030,000 ISK per year. Tech firms and tourism operators drive that demand.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
kr670,000 to kr850,000
Average (per year)
kr750,000
Newcomers find roles in software startups, digital agencies, and energy technology firms.
Mid-level (3-5 years)
Salary range (per year)
kr900,000 to kr1,200,000
Average (per year)
kr1,030,000
Mid-level managers work with international clients or help scale Icelandic SaaS products.
Senior (6-9 years)
Salary range (per year)
kr1,250,000 to kr1,700,000
Average (per year)
kr1,400,000
Senior product managers lead teams at established tech companies or in the renewable energy sector.
Principal/Lead (10+ years)
Salary range (per year)
kr1,800,000+
Principal and lead roles have distinct compensation structures.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
kr4200 - kr5400
per hour
Mid-level
kr5400 - kr7500
per hour
Senior
kr7500 - kr11000
per hour
Reykjavík's median exceeds Iceland's national average by roughly 15 %.