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What is the average salary in Toronto, ON?

The average salary in Toronto, ON is $62,894 per year.

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
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What are the best paying jobs in Toronto, ON?

Top paying jobs in Toronto offer exciting opportunities with competitive salaries. Software Engineers earn around $91,988 a year, making it one of the highest-paying roles. Other well-compensated positions include Product Managers and Engineers, who earn around $90,395 and $88,601 respectively. These jobs attract professionals looking for stable and rewarding careers. For instance, Product Managers often work with innovative companies, while Engineers find opportunities in various industries. These roles require strong skills and often include benefits and growth opportunities, making them attractive to job seekers in Toronto.
Graph displaying best paying job salaries in Toronto, ON, highlighting Software Engineer with the highest at $91,988 and Dental Hygienist with the lowest at $74,914.
  1. 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.
    Find Software Engineer jobs in Toronto, ON


  2. 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.
    Find Product Manager jobs in Toronto, ON


  3. 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.
    Find Engineer jobs in Toronto, ON


  4. 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.
    Find Data Engineer jobs in Toronto, ON


  5. 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.
    Find Technical Project Lead jobs in Toronto, ON


  6. 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.
    Find Principal jobs in Toronto, ON


  7. 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.
    Find Finance Manager jobs in Toronto, ON


  8. 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.
    Find Systems Analyst jobs in Toronto, ON


  9. 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.
    Find Account Manager jobs in Toronto, ON


  10. 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.
    Find Dental Hygienist jobs in Toronto, ON

What are the best paying jobs in Toronto, ON without a degree?

Job seekers in Toronto can find high-paying roles without needing a degree. Roles like server assistant, housekeeping, and line cook offer average salaries of over $31,000. These positions provide steady work and the chance to earn well. Hospitality and food service lead the way with top-paying jobs. Server assistants earn an average of over $37,000. Housekeeping staff, line cooks, and servers also see good pay. These jobs require skills and dedication, offering a chance to earn a solid income.
Graph displaying best paying job salaries in Toronto, ON without a degree, highlighting Server Assistant with the highest at $37,511 and Dishwasher with the lowest at $28,455.
  1. 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.
    Find Server Assistant jobs in Toronto, ON


  2. 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.
    Find Housekeeping jobs in Toronto, ON


  3. 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.
    Find Line Cook jobs in Toronto, ON


  4. 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.
    Find Server jobs in Toronto, ON


  5. 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.
    Find Barista jobs in Toronto, ON


  6. 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.
    Find Dishwasher jobs in Toronto, ON

Which companies offer the top salaries in Toronto, ON?

Job seekers in Toronto can find some of the best-paying companies in the tech and finance sectors. Amazon leads with an average salary of $105,270, making it a top choice for those in the tech industry. Accenture follows closely, offering an average salary of $99,485, which is excellent for those in consulting and professional services. Additionally, several other companies in Toronto provide competitive salaries. The University of Toronto offers an average salary of $95,310 for academic and administrative roles. Manulife and PwC Canada both offer average salaries over $90,000, making them attractive options for finance and insurance careers. Companies like apptoza inc, City of Toronto, TD Bank, Deloitte, and Vaco also provide salaries above $77,000, showing a strong job market in Toronto for qualified candidates.
Graph displaying company salaries in Toronto, ON, highlighting Amazon.com with the highest at $105,270 and Vaco with the lowest at $77,753.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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, ON has a higher cost of living compared to the nationwide average, with an index of 114. This means living in Toronto is 14% more expensive than the national average. Specifically, housing costs stand at 26% above the average, while groceries and utilities hover slightly around the national average. Professionals should consider these factors when planning their move.
Cost of living comparison graph for Toronto, ON vs. Nationwide: housing 26% higher, groceries 7% higher, utilities 4% lower, transportation 14% higher, healthcare 3% higher, miscellaneous 10% higher.

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.

There are 10,168 job openings in Toronto, ON, today!

Take a deeper dive into the job market in Toronto, ON

Discover what it's like to work in Toronto, ON. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
Overview
Toronto, ON
10,168 Job Openings