What is the average salary in Toronto, ON?
Toronto offers a vibrant job market with a range of salary opportunities. The average yearly salary stands at 62,894 Canadian dollars, providing a strong financial foundation. Job seekers can find competitive wages across various industries, making Toronto an attractive location for employment.
The distribution of salaries shows a broad spectrum of earnings. Around 18.14% of positions earn up to 25,812 Canadian dollars annually. At the higher end, 1.23% of roles offer salaries above 138,704 Canadian dollars each year. This variety allows job seekers to explore options that match their skill sets and career aspirations. Here are some key salary figures:
- 18.14% of jobs earn up to 25,812 Canadian dollars
- 14.29% earn between 36,075 and 46,338 Canadian dollars
- 12.38% earn between 46,338 and 56,601 Canadian dollars
- 10.83% earn between 56,601 and 66,863 Canadian dollars
- 11.71% earn between 66,863 and 77,126 Canadian dollars
- 9.81% earn between 77,126 and 87,389 Canadian dollars
- 5.57% earn between 87,389 and 97,652 Canadian dollars
- 5.45% earn between 97,652 and 107,915 Canadian dollars
- 3.25% earn between 107,915 and 118,178 Canadian dollars
- 2.34% earn between 118,178 and 128,441 Canadian dollars
- 1.23% earn over 138,704 Canadian dollars
What are the best paying jobs in Toronto, ON?

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Software Engineer
Average Salary: $91,988
In this role, one creates and maintains software applications. Major tech firms like Shopify and IBM hire engineers here. These professionals ensure software runs smoothly and meets user needs. They work in teams to develop new features and fix bugs.
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Product Manager
Average Salary: $90,395
Product managers drive the vision for new products. They work closely with engineers and designers. Companies like Airbnb and Shopify seek such talent. These managers gather feedback and prioritize features to ensure success.
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Engineer
Average Salary: $88,601
Engineers design, develop, and test products. They work on everything from buildings to software. Major companies in the city offer these roles. Engineers ensure safety and efficiency in their designs, working in teams across various sectors.
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Data Engineer
Average Salary: $84,126
Data engineers build systems to collect and manage data. They ensure data is clean and accessible. Firms like Shopify and IBM hire these experts. They work with data scientists to turn raw data into valuable insights.
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Technical Project Lead
Average Salary: $83,675
These professionals oversee tech projects. They coordinate teams and ensure projects meet deadlines. Companies here need such leaders. They manage resources and solve technical challenges, ensuring smooth project progress.
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Principal
Average Salary: $82,359
Principals lead projects and teams. They make key decisions and guide projects to success. Major firms look for such talent. They ensure projects align with company goals and budget, working closely with stakeholders.
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Finance Manager
Average Salary: $81,741
Finance managers oversee company finances. They ensure budgets are met and financial risks are managed. Top firms here hire such professionals. They prepare financial reports and advise on investments, ensuring financial health.
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Systems Analyst
Average Salary: $81,108
Systems analysts study and improve business processes. They recommend tech solutions to enhance efficiency. Companies in the city hire these experts. They work with IT and business teams to implement solutions that meet company needs.
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Account Manager
Average Salary: $76,653
Account managers build and maintain client relationships. They ensure clients are satisfied and meet their needs. Top firms hire such professionals. They handle queries, suggest solutions, and ensure clients stay with the company.
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Dental Hygienist
Average Salary: $74,914
Dental hygienists clean teeth and educate patients on oral care. They work in clinics and private practices. This role is essential for maintaining oral health. They perform cleanings, take X-rays, and help prevent dental issues.
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What are the best paying jobs in Toronto, ON without a degree?

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Server Assistant
Average Salary: $37,511
Work alongside servers, ensuring guests have a smooth dining experience. Key tasks include bussing tables and refilling water. Opportunities exist in upscale restaurants and hotel dining rooms.
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Housekeeping
Average Salary: $34,059
Maintain cleanliness in various settings, such as hotels and residential buildings. Duties include making beds, cleaning rooms, and ensuring high standards of hygiene. Work with well-known hospitality brands in the area.
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Line Cook
Average Salary: $31,282
Prepare ingredients and cook meals quickly and efficiently. Work in fast-paced kitchens, from cafes to fine dining establishments. Skills in knife work and time management are crucial for success.
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Server
Average Salary: $28,770
Attend to guests, take orders, and serve food and beverages. Manage multiple tables and ensure a pleasant dining experience. Work in popular eateries and cafes across the city.
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Barista
Average Salary: $28,480
Create coffee drinks and handle customer service in coffee shops. Develop skills in brewing and latte art. Engage with customers daily in trendy coffee houses.
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Dishwasher
Average Salary: $28,455
Clean and sanitize dishes, glasses, and utensils. Operate dishwashing machines and ensure the kitchen area is tidy. This role is essential in every food service establishment.
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Which companies offer the top salaries in Toronto, ON?

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Amazon.com
Average Salary: $105,270
Amazon is a global leader in e-commerce, cloud computing, and digital streaming. With its headquarters in Seattle, Amazon offers a dynamic work environment. In Toronto, employees enjoy a competitive salary and a range of benefits.
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Accenture
Average Salary: $99,485
Accenture is a global professional services firm. It provides strategy, consulting, digital, technology, and operations services. With a strong presence in Toronto, Accenture offers competitive salaries and opportunities for career growth.
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University of Toronto
Average Salary: $95,310
The University of Toronto is a top-ranked educational institution. It offers various academic and administrative positions. The university provides a supportive work environment and a competitive compensation package.
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Manulife
Average Salary: $92,593
Manulife is a leading financial services company. It offers insurance, investment, and wealth management products. The company is committed to employee well-being and offers attractive salaries.
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PwC Canada
Average Salary: $91,405
PwC Canada is part of the global PwC network. It provides audit, tax, and advisory services. The firm is known for its professional development opportunities and competitive compensation.
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apptoza inc
Average Salary: $82,635
apptoza inc is a technology company. It specializes in software solutions and services. The company values innovation and offers a positive work environment with competitive salaries.
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City of Toronto
Average Salary: $81,681
The City of Toronto offers a variety of roles in public service. It is dedicated to improving the quality of life for its residents. The city provides competitive salaries and comprehensive benefits.
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TD Bank
Average Salary: $78,442
TD Bank is one of Canada's largest financial institutions. It offers banking and financial services to individuals and businesses. The bank provides a stable work environment and competitive pay.
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Deloitte
Average Salary: $78,339
Deloitte is a global leader in audit, consulting, financial advisory, and tax services. The firm is known for its inclusive culture and opportunities for career advancement.
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Vaco
Average Salary: $77,753
Vaco is a staffing and recruiting firm. It helps companies find and hire top talent. The firm values innovation and offers a supportive work environment with competitive compensation.
How does the cost of living in Toronto, ON compare to the national average?

Toronto, Ontario, shows a higher cost of living compared to the nationwide average. The housing index stands at 126, meaning it costs about 26% more to rent or own a home here than the national average. This higher demand drives up prices and makes finding affordable housing more challenging.
Utilities, transportation, and other living expenses in Toronto also tend to be higher. For example, utilities cost 96% of the nationwide average, while transportation costs are 14% higher. This pattern continues with miscellaneous costs, which are 10% more expensive. While groceries and healthcare costs are close to the national average, they still contribute to the overall higher cost of living in Toronto. Job seekers should consider these factors when planning their budget in this vibrant city.



