[MrDresden]

Local tech worker in Iceland, and this is the going rate for a midrange software worker.

Wages here have grown ~25% (for the whole country) over the last ~4 years (if my memory from the reporting on this is correct).

Everything has to be imported, and what little that isn't is heavily reliant on imported goods.

Living here is mightily expensive.

Ofcourse you could live more frugally, and obviously most here do. Tech workers here are in the top income bracket like in most other places.

Not sure why digital nomad visas should have lower restrictions though. We want foreigners that come here and spend their money. No need to make it easier for the frugal tourist to come here for longer.