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Average Salary in Montreal 2020

How much money does a person working in Montreal make?


Average Yearly Salary
190,000 CAD
( 15,800 CAD monthly)

LOW
25,700
CAD
AVERAGE
190,000
CAD
HIGH
841,000
CAD

A person working in Montreal typically earns around 190,000 CAD per year. Salaries range from 25,700 CAD (lowest average) to 841,000 CAD (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Montreal

Median and salary distribution yearly Montreal
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Montreal range from 25,700 CAD per year (minimum salary) to 841,000 CAD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 186,000 CAD per year, which means that half (50%) of the population are earning less than 186,000 CAD while the other half are earning more than 186,000 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.

  • Percentiles

    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 95,300 CAD while 75% of them are earning more than 95,300 CAD. Also from the diagram, 75% of the population are earning less than 503,000 CAD while 25% are earning more than 503,000 CAD.


What is the difference between the median and the average salary?

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 plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Canada costs anywhere from 70,300 Canadian Dollar(s) to 211,000 Canadian Dollar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender yearly Canada
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Canada earn 5% more than their female counterparts.

Female
164,000 CAD
Male+5%
173,000 CAD
Percentage increase and decrease are relative to the previous value

Government vs Private Sector Salary Comparison

Public vs private sector salaries yearly Canada
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Where can you get paid more, working for a private company or for the government? Public sector employees in Canada earn 4% more than their private sector counterparts.

Private Sector
165,000 CAD
Public Sector+4%
172,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in Canada

How are Canada salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast yearly Canada
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Average Salary 2016
152,000 CAD
Average Salary 2017+4%
158,000 CAD
Average Salary 2018+2%
161,000 CAD
Average Salary 2019+2%
164,000 CAD
Percentage increase and decrease are relative to the previous value

Salaries in Canada are on the rise in the year 2020 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 continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant125,000 CAD
Accounting Assistant117,000 CAD
Accounting Manager245,000 CAD
Bookkeeper97,100 CAD
Chartered Accountant163,000 CAD
Corporate Treasurer314,000 CAD
Financial Analyst182,000 CAD
Financial Manager381,000 CAD
Internal Auditor182,000 CAD

Administration / Reception / Secretarial
Administrative Assistant92,300 CAD
Office Manager122,000 CAD
Receptionist127,000 CAD
Secretary93,500 CAD

Advertising / Grapic Design / Events
Art Director177,000 CAD
Creative Director182,000 CAD
Graphic Designer130,000 CAD
Photographer120,000 CAD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer197,000 CAD
Air Traffic Controller178,000 CAD
Flight Attendant158,000 CAD
Pilot207,000 CAD

Architecture
Architect160,000 CAD
CAD Drafter130,000 CAD

Automotive
Mechanic94,200 CAD
Service Advisor147,000 CAD

Banking
Bank Branch Manager276,000 CAD
Teller120,000 CAD

Bilingual
Teacher134,000 CAD
Translator163,000 CAD

Business Planning
Business Analyst222,000 CAD
Business Development Manager269,000 CAD
Project Manager200,000 CAD

Care Giving and Child Care
Nanny111,000 CAD
Nursery Teacher129,000 CAD

Construction / Building / Installation
Civil Engineer160,000 CAD
Construction Project Manager211,000 CAD
Health and Safety Officer111,000 CAD

Customer Service and Call Center
Call Center Representative125,000 CAD
Customer Service Manager245,000 CAD
Customer Service Representative127,000 CAD

Engineering
Electrical Engineer175,000 CAD
Engineer168,000 CAD
Mechanical Engineer173,000 CAD

Executive and Management
Chief Executive Officer404,000 CAD
Chief Financial Officer366,000 CAD
General Manager327,000 CAD

Food / Hospitality / Tourism / Catering
Chef141,000 CAD
Executive Chef159,000 CAD
Hotel Manager270,000 CAD
Travel Agent144,000 CAD
Waiter / Waitress114,000 CAD

Health and Medical
Dentist448,000 CAD
Dietitian416,000 CAD
Laboratory Technician133,000 CAD
Nurse144,000 CAD

Human Resources
Human Resources Manager257,000 CAD
Human Resources Officer149,000 CAD

Information Technology
Computer Technician137,000 CAD
Database Administrator174,000 CAD
Developer / Programmer154,000 CAD
Information Technology Manager266,000 CAD
Network Engineer158,000 CAD

Law Enforcement / Security / Fire
Police Officer149,000 CAD

Legal
Attorney253,000 CAD
Legal Assistant134,000 CAD

Media / Broadcasting / Arts / Entertainment
Journalist175,000 CAD

Pharmaceutical and Biotechnology
Biomedical Engineer154,000 CAD
Pharmacist198,000 CAD

Sales Retail and Wholesale
Cashier101,000 CAD
Sales Manager295,000 CAD
Sales Representative119,000 CAD

Teaching / Education
Elementary School Teacher125,000 CAD
Secondary School Teacher143,000 CAD

Average Hourly Wage in Montreal


91 CAD per hour

The average hourly wage (pay per hour) in Montreal is 91 CAD. This means that the average person in Montreal earns approximately 91 CAD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked 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 the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Montreal VS Canada

Salary Comparison Between Montreal and Canada yearly
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We compared salaries in Montreal, Quebec, and Canada and we found that Montreal salaries are 2% more than those of Quebec. We also found out that Quebec salaries are 11% more than those of Canada.

Salary Comparison By City

CityAverage Salary
Gatineau162,000 CAD
Montreal190,000 CAD
Quebec178,000 CAD
68548 - 389

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