How expensive is Toronto?

Toronto has a cost-of-living index of 70 (New York = 100). It is moderately expensive compared to global averages.

Who are the top employers in Toronto?

Major employers in Toronto include Shopify, RBC, TD, Wealthsimple.

Toronto has a cost-of-living index of 70 (New York = 100). It is moderately expensive compared to global averages.

Major employers in Toronto include Shopify, RBC, TD, Wealthsimple.

Toronto is a major economic hub of Canada. Population 2.9M. Salaries here are typically 15% higher than the national average for Canada.

Estimated city median

$139,840

+15% vs national

Cost of living index

NYC = 100

Population

2.9M

Hub city

Estimated city-level pay = national median × 1.15 city multiplier.

ShopifyRBCTDWealthsimple

The average salary in Toronto is approximately $139,840 per year, about 15% above the Canada national average.