Updated 2026

AccountantEstimated Annual Salary in Toronto

Real data on salaries and living expenses by city and profession

📍 Toronto, Canada💼 Lead / Principal · 13+ years💱 CAD

Estimated Annual Salary

CA$261,338
per year · CAD
CA$214,297CA$318,832

Salary Range: CA$214,297CA$318,832

Estimated Net Monthly
CA$14,591
after tax
Monthly Cost of Living
CA$5,168
typical monthly spend
Estimated Tax Rate
33%
effective rate
Quality of Life Index
83/100
global index

Monthly ExpensesToronto

HousingCA$1,809 · 35%
FoodCA$1,034 · 20%
TransportCA$775 · 15%
HealthcareCA$517 · 10%
LeisureCA$620 · 12%
OtherCA$413 · 8%

Experience LevelAccountant in Toronto

Experience LevelYearsEstimated Annual Salary
Junior0–2CA$98,658
Mid-Level3–6CA$144,269
Senior7–12CA$204,832
Lead / Principal13+CA$261,338
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Accountantvs. Global Average

CityAnnual SalaryPurchasing Power
San Francisco, USA$285,7142.7×
New York, USA$283,0692.8×
London, UK£182,3002.6×
Paris, France€199,3562.5×
Berlin, Germany€162,6272.5×
Madrid, Spain€124,1272.5×
Tokyo, Japan¥30,100,9803.0×
Dubai, UAEAED 746,7094.7×

* Estimates based on public data and statistical models. Actual figures may vary.