Nurse Practitioner vs Psychiatrist salary
In Canada, a psychiatrist earns about 98% more than a nurse practitioner — $351,566 vs $177,195 per year.
Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Healthcare
Nurse Practitioner$177,195/yr
- Monthly
- $14,754
- Hourly
- $85
- Range
- $129,331–$235,648
- 10-yr outlook
- +45%
Pays more
Healthcare
Psychiatrist$351,566/yr
- Monthly
- $29,297
- Hourly
- $169
- Range
- $240,801–$486,897
- 10-yr outlook
- +8%
Pay range, side by side
| Percentile | Nurse Practitioner | Psychiatrist |
|---|---|---|
| Entry (10th) | $129,331 | $240,801 |
| 25th | $153,263 | $296,219 |
| Median | $177,195 | $351,566 |
| 75th | $206,421 | $419,267 |
| Senior (90th) | $235,648 | $486,897 |
National Canada figures in CAD. Individual pay varies with experience, employer, and location.
More Healthcare comparisons
Frequently asked questions
- Does a nurse practitioner or psychiatrist earn more in Canada?
- A psychiatrist earns more, at about $498,000 per year vs $251,000 for a nurse practitioner — roughly 98% ($247,000) more.
- What is the salary range for these roles in Canada?
- A nurse practitioner typically earns $183,200–$333,800, while a psychiatrist earns $341,100–$689,700 per year.
- How much do these jobs pay per month in Canada?
- On a monthly basis before tax, a nurse practitioner averages about $20,900 and a psychiatrist about $41,500.
- How do entry-level salaries compare?
- At the 10th percentile in Canada, a nurse practitioner earns about $183,200 while a psychiatrist earns about $341,100 per year.
- How do senior-level salaries compare?
- At the 90th percentile in Canada, a nurse practitioner earns about $333,800 while a psychiatrist earns about $689,700 per year.
- Are nurse practitioner and psychiatrist similar careers?
- Both roles sit in the Healthcare category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.