Senior Product Manager Salary in Reykjavík, Iceland
Reykjavík pays senior product managers kr1,200,000 yearly. Demand is influenced by various sectors, while housing and food costs keep net purchasing power modest.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
kr800,000 to kr1,050,000
Average (per year)
kr950,000
Entry-level wages are competitive in Iceland.
Mid-level (3-5 years)
Salary range (per year)
kr1,050,000 to kr1,400,000
Average (per year)
kr1,200,000
Mid-level managers work at software startups or public utilities with digital services.
Senior (6-9 years)
Salary range (per year)
kr1,400,000 to kr1,850,000
Average (per year)
kr1,600,000
Senior roles see higher pay.
Principal/Lead (10+ years)
Salary range (per year)
kr1,850,000+
Principal salaries are tied to multinational tech firms or high-growth Icelandic startups.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
kr4800 - kr6300
per hour
Mid-level
kr6300 - kr8500
per hour
Senior
kr8500 - kr12000
per hour
Reykjavík's median exceeds Iceland's national average by roughly 15 percent.