Salaries & Cost of Living in Toronto, Canada
Canada's largest economic center with a thriving artificial intelligence and fintech ecosystem. Discover salary benchmarks, wage percentiles, state income tax deductions, and housing costs across 20+ high-demand professions in Toronto.
Toronto Cost of Living by Expense Category
Normalized cost index (100 = U.S. National Average).
Key City Advantages & Living Factors
Climate: Humid Continental (Cold winters, warm summers)Role Salaries in Toronto
Explore 10th to 90th percentile salary benchmarks and estimated monthly take-home pay in Toronto.
| Job Title | Category | Median Base Pay | Est. Net Take-Home | View Guide |
|---|---|---|---|---|
| Senior Product Manager | Product | $199,800/yr | ~$11,489/mo | View |
| Senior Software Engineer | Engineering | $189,000/yr | ~$10,868/mo | View |
| Product Manager | Product | $153,360/yr | ~$8,818/mo | View |
| DevOps & Cloud Engineer | Engineering | $151,200/yr | ~$8,694/mo | View |
| Data Scientist | Data | $149,040/yr | ~$8,570/mo | View |
| Backend Engineer | Engineering | $145,800/yr | ~$8,384/mo | View |
| Software Engineer | Engineering | $142,560/yr | ~$8,197/mo | View |
| Frontend Engineer | Engineering | $133,920/yr | ~$7,700/mo | View |
| Product Designer | Design | $131,760/yr | ~$7,576/mo | View |
| Growth Marketer | Marketing | $124,200/yr | ~$7,142/mo | View |
| UX / UI Designer | Design | $120,960/yr | ~$6,955/mo | View |
| Marketing Manager | Marketing | $116,640/yr | ~$6,707/mo | View |
| Account Executive (SaaS) | Sales | $113,400/yr | ~$6,521/mo | View |
| QA & Test Automation Engineer | Engineering | $110,160/yr | ~$6,334/mo | View |
| Financial Analyst | Finance | $103,680/yr | ~$5,962/mo | View |
| Technical Recruiter | Human Resources | $101,520/yr | ~$5,837/mo | View |
| Data Analyst | Data | $99,360/yr | ~$5,713/mo | View |
| Customer Success Manager | Customer Support | $96,120/yr | ~$5,527/mo | View |
| SEO Specialist | Marketing | $91,800/yr | ~$5,661/mo | View |
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Frequently Asked Questions: Living & Working in Toronto
What is considered a good salary in Toronto?
In Toronto, an annual salary between $90,000 and $140,000 is generally considered very comfortable for a single professional, easily covering median 1-bedroom rental costs ($1,950/mo) while allowing significant savings.
How do salaries in Toronto compare to the U.S. national average?
On average, compensation in Toronto is 8% above the U.S. national baseline across technology, product, and engineering roles.
What are state income taxes in Toronto (ON)?
The estimated statutory state and local income tax rate in Toronto is approximately 12%.
What is the average rent in Toronto?
The median rent for a 1-bedroom apartment in Toronto, Canada is currently around $1,950 per month.
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