Canada
Salary in Toronto
Average salaries, cost of living, and what to expect when working in Toronto, Canada.
Average Salary
$72,000
+5% vs national
Cost of Living
138
+38% vs national avg (100)
Monthly Salary
$6,000
gross per month
Working in Toronto
Canada's largest labor market, strongest for finance, technology, healthcare, media, education, and professional services, with very high housing costs.
Salary vs Cost of Living
Compared to Canada Average
Salary difference+5%
Cost of living difference+38%
Net purchasing power-33%
Key Takeaway
Toronto's higher costs offset some of the salary advantage. Your purchasing power is 33% lower than the national average.
Other Cities in Canada
Salary statistics methodology
Salary benchmarks are compiled from official statistics, labour-market releases, and country employment datasets. This page was last reviewed for Canada 2026 data on June 5, 2026.
Calculation notes
- Average and median salaries are gross annual estimates unless marked as net.
- Industry and experience bands are directional benchmarks, not guaranteed pay ranges.
- Figures can vary by region, company size, benefits, contract type, and bonus policy.
Calculate Your Take-Home Pay in Toronto
See exactly how much you'll earn after taxes with our salary calculator.