How much money does a person working in Toronto make?
6,832 CAD per month
Average Monthly Salary
A person working in Toronto typically earns around 6,832 CAD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Toronto | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Toronto range between 925 CAD per month (minimum salary) to 30,255 CAD per month (maximum salary).
The median salary is 6,559 CAD per month, which means that half (50%) of the population are earning less than 6,559 CAD while the other half are earning more than 6,559 CAD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 3,368 CAD while 75% of them are earning more than 3,368 CAD. Also from the diagram, 75% of the population are earning less than 16,934 CAD while 25% are earning more than 16,934 CAD.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Toronto
How are Toronto salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +1% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Salaries in Toronto are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||3,516 CAD|
|Biomedical Engineer||5,704 CAD|
|CAD Drafter||4,852 CAD|
|Chartered Accountant||5,994 CAD|
|Chief Executive Officer||14,587 CAD|
|Chief Financial Officer||13,729 CAD|
|Civil Engineer||5,991 CAD|
|Computer Technician||5,045 CAD|
|Creative Director||6,699 CAD|
|Developer / Programmer||5,626 CAD|
|Electrical Engineer||6,321 CAD|
|Elementary School Teacher||4,796 CAD|
|Executive Chef||5,754 CAD|
|Flight Attendant||5,753 CAD|
|General Manager||11,299 CAD|
|Graphic Designer||4,503 CAD|
|Hotel Manager||10,231 CAD|
|Human Resources Manager||9,245 CAD|
|Internal Auditor||6,686 CAD|
|Legal Assistant||4,572 CAD|
|Mechanical Engineer||6,230 CAD|
|Police Officer||5,158 CAD|
|Project Manager||7,189 CAD|
|Sales Manager||10,860 CAD|
|Sales Representative||4,335 CAD|
|Secondary School Teacher||5,658 CAD|
|Travel Agent||5,300 CAD|
|Waiter / Waitress||4,146 CAD|
Average Hourly Wage in Toronto | All Jobs
39 CAD per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Toronto | All Jobs is 39 CAD. This means that the average person in Toronto earns approximatly 39 CAD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Toronto VS Canada
We compared salaries in Toronto, Ontario, and Canada and we found that Toronto salaries are 0% less than those of Ontario. We also found out that Ontario salaries are 12% more than those of Canada.
Salary Comparison By City
6035 - 732