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Average Salary in Toronto 2024

How much money does a person working in Toronto make?

Average Yearly Salary
135,000 CAD
( 11,200 CAD monthly)

All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Toronto typically earns around 135,000 CAD. Salaries range from 33,900 CAD (lowest average) to 599,000 CAD (highest average, actual maximum salary is higher).

Salary Variance

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

Pay Scale and Salaries in Toronto

Median and salary distribution Toronto yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
249,000 CAD or more
10% of people earn
195,000 to 249,000 CAD
20% of people earn
75,900 CAD or less
65% of people earn
75,900 to 195,000 CAD
Minimum Salary
33,900 CAD
115,000 CAD
599,000 CAD

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Toronto range from 33,900 CAD (starting salary) to 599,000 CAD (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 115,000 CAD, which means that 50% of the population in Toronto earns less than that while the other half earns more. 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population in Toronto earn less than 82,800 CAD while 75% of them earn more. Also from the diagram, 75% of the population earn less than 174,000 CAD while 25% earn more than that.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Toronto. Around 65% of all reported figures are in the range 75,900 CAD to 195,000 CAD. Approximately 20% fall under the 75,900 CAD cap. Ten percent of wages are from 195,000 CAD to 249,000 CAD. Only 5% of people grossed 249,000 CAD or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.

In Toronto, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.

Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.

After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.

These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.

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.
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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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.

The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?

We conducted a study in Toronto comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.

Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.

Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.

Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.

Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.

Is investing in a Master's degree or an MBA worth it? Is pursuing higher education worth the investment?

Earning a Master's degree or any post-graduate qualification in Canada is a substantial financial commitment, with tuition fees ranging from 50,000 CAD to 150,000 CAD and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.

Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.

Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.

Salary and Compensation Comparison By Gender / Toronto

Salary comparison by gender Canada yearly
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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? In Canada, the average difference between the salary of male and female employees is 5% across all career fields.

123,000 CAD
117,000 CAD
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Toronto

How much are annual salary increments in Toronto? How often do employees get salary raises?


Employees in Canada are likely to observe a salary increase of approximately 9% every 15 months.

Annual Salary Increment Rate Canada
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Canada is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates in Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada
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100% of surveyed staff in Canada reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Bonus Rates Comparison by Career Field

Business Development
Marketing / Advertising
Information Technology
Customer Service
Human Resources

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Salaries for popular jobs. Salaries by occupations.

Job TitleAverage Salary
Accounting and Finance
Accountant94,200 CAD
Accounting Assistant70,700 CAD
Accounting Manager200,000 CAD
Bookkeeper61,000 CAD
Chartered Accountant124,000 CAD
Corporate Treasurer184,000 CAD
Financial Analyst169,000 CAD
Financial Manager250,000 CAD
Internal Auditor122,000 CAD

Administration / Reception / Secretarial
Administrative Assistant69,600 CAD
Office Manager110,000 CAD
Receptionist65,400 CAD
Secretary58,800 CAD

Advertising / Graphic Design / Events
Art Director129,000 CAD
Creative Director130,000 CAD
Graphic Designer81,700 CAD
Photographer73,100 CAD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer176,000 CAD
Air Traffic Controller145,000 CAD
Flight Attendant91,100 CAD
Pilot225,000 CAD

Architect164,000 CAD
CAD Drafter65,300 CAD

Mechanic48,100 CAD
Service Advisor90,000 CAD

Bank Branch Manager232,000 CAD
Teller47,400 CAD

Teacher99,000 CAD
Translator124,000 CAD

Business Planning
Business Analyst172,000 CAD
Business Development Manager206,000 CAD
Project Manager163,000 CAD

Care Giving and Child Care
Nanny52,700 CAD
Nursery Teacher47,800 CAD

Construction / Building / Installation
Civil Engineer127,000 CAD
Construction Project Manager220,000 CAD
Health and Safety Officer57,600 CAD

Customer Service and Call Center
Call Center Representative51,800 CAD
Customer Service Manager173,000 CAD
Customer Service Representative50,800 CAD

Civil Engineer121,000 CAD
Electrical Engineer125,000 CAD
Engineer122,000 CAD
Mechanical Engineer119,000 CAD

Executive and Management
Chief Executive Officer289,000 CAD
Chief Financial Officer273,000 CAD
General Manager224,000 CAD
Project Manager142,000 CAD

Food / Hospitality / Tourism / Catering
Chef79,700 CAD
Executive Chef93,700 CAD
Hotel Manager247,000 CAD
Receptionist48,700 CAD
Travel Agent81,300 CAD
Waiter / Waitress43,100 CAD

Health and Medical
Dentist327,000 CAD
Dietitian256,000 CAD
Laboratory Technician94,800 CAD
Nurse105,000 CAD

Human Resources
Human Resources Manager200,000 CAD
Human Resources Officer82,400 CAD

Information Technology
Computer Technician99,800 CAD
Database Administrator131,000 CAD
Developer / Programmer124,000 CAD
Information Technology Manager221,000 CAD
Network Engineer109,000 CAD

Law Enforcement / Security / Fire
Police Officer77,800 CAD

Attorney258,000 CAD
Legal Assistant66,700 CAD

Media / Broadcasting / Arts / Entertainment
Journalist147,000 CAD

Pharmaceutical and Biotechnology
Biomedical Engineer113,000 CAD
Pharmacist176,000 CAD

Sales Retail and Wholesale
Cashier47,100 CAD
Sales Manager237,000 CAD
Sales Representative85,800 CAD

Teaching / Education
Elementary School Teacher94,900 CAD
Secondary School Teacher112,000 CAD

Average Hourly Wage in Toronto

65 CAD per hour

The average hourly wage (pay per hour) for all employees in Toronto is 65 CAD.This is the rate that the average individual gets paid for every worked hour.

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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for a person in Toronto is 16 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Brampton123,000 CAD
Hamilton124,000 CAD
Kitchener121,000 CAD
Markham119,000 CAD
Mississauga128,000 CAD
Ottawa129,000 CAD
Toronto135,000 CAD
Vaughan117,000 CAD
Windsor116,000 CAD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Canada is 4% on average across all career fields.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Toronto?

It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Toronto would range anywhere between 115,000 CAD and 174,000 CAD.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary in Toronto ranges from 33,900 CAD to 82,800 CAD. The base salary depends on many factors including profession, experience, and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.

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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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

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