Accountant Salary in Toronto, ON
The average accountant in Toronto, ON earns $66,783 per year — about $4,800 /mo after a simplified national tax estimate. Accountants prepare and analyze financial records, ensuring accuracy and compliance.
Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
After tax?
$57,535/yr
~14% effective national income tax on the median. Excludes most payroll/social levies and local taxes.
Open prefilled calculator →Afford rent?
$1,652/mo 1BR
About 34% of estimated take-home — ~$1,292 leftover /mo after modeled costs. Modeled, not a listing.
Cost of living calculator →Compared with…?
% vs Toronto median (FX-adjusted abroad).
Gross salary figures come from public labour-market data. Take-home, rent, savings, inflation, and trends are simplified models for research — not payroll, listings, or immigration advice. Methodology.
Accountant salary range in Toronto
Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Toronto, ON.
| Percentile | Annual salary | Distribution |
|---|---|---|
| 10th percentile (entry) | $44,334 | |
| 25th percentile | $53,441 | |
| Median (50th)typical | $66,783 | |
| 75th percentile | $87,538 | |
| 90th percentile (senior) | $100,952 |
How does your salary compare?
Enter what you earn (or an offer) to see where it ranks for a accountant in Toronto, ON.
$66,783 puts you in the 50th percentile. You earn more than about 50% of accountants in Toronto, ON. That’s right around the typical pay for this role.
Salary insights
A typical accountant in Toronto, ON earns about $94,600 a year and pays about 24% below the Canada average. Living costs sit near the global baseline (COL index 100). After a simplified tax estimate, typical rent, and everyday costs, a median earner might keep around $1,830 per month. Relative to the national median (a common remote/location-flexible benchmark), this city pays less by about 24%. An illustrative model tied to local inflation and the role’s outlook suggests pay has risen about 12% over the last few years. Treat every figure as an estimate for research — not a personal offer or immigration advice.
Data-grounded summary from this page’s pay, COL, tax, and trend models — not a generative essay unrelated to the figures.
Cost of living, rent & savings
Toronto’s cost of living is 100 vs. a baseline of 100 (US national average). After adjusting for local prices, the median accountant salary is worth about $66,783 in baseline-priced terms.
- Est. rent (1BR)
- $1,652/mo
- Other living costs
- $1,850/mo
- Savings potential
- $1,292/mo after tax & costs
Rent and leftover use a COL-scaled single-adult model and the same simplified tax estimate as above (Canada federal income tax only; excludes provincial tax and CPP/EI.). Adjust assumptions in the COL calculator.
Inflation
Approximate recent consumer-price inflation in Canada is about 2.4% per year. Use the inflation calculator to adjust a past salary or offer for purchasing power.
Remote equivalent
The Canada national median for this role is about $87,538— a common benchmark for remote or location-flexible offers. Local Toronto pay is 24% lower.
Historical trend
Illustrative median pay over the last few years — about +12% across the window.
Illustrative model based on approximate inflation and the role’s long-term outlook — not a surveyed year-by-year history.
Visa information
Express Entry / work permit
Skilled workers often use Express Entry (CRS points) or an employer-supported work permit; many tech roles score well when language and education criteria are met.
Difficulty for typical skilled hires: moderate. General orientation only — confirm on the official Canada immigration site before relocating or accepting an offer.
Compare Accountant pay
See how a accountant stacks up against similar finance & business roles in Canada.
What’s your take-home?
Calculator opens with this page’s median ($66,783) and Canada tax model — tweak hours, period, or offer amount.
Accountant salary in other Canada cities
Same role, different city — % gap is vs Toronto.
| City | Median | vs Toronto | Monthly |
|---|---|---|---|
| Winnipeg, MB | $87,538/yr | +31% | $7,271/mo |
| Québec, QC | $87,538/yr | +31% | $7,271/mo |
| Halifax, NS | $87,538/yr | +31% | $7,271/mo |
| Victoria, BC | $87,538/yr | +31% | $7,271/mo |
| Kitchener, ON | $87,538/yr | +31% | $7,271/mo |
| Burnaby, BC | $87,538/yr | +31% | $7,271/mo |
| Longueuil, QC | $87,538/yr | +31% | $7,271/mo |
| Regina, SK | $87,538/yr | +31% | $7,271/mo |
Accountant salary in other countries
Capital/largest city sample for each market. % gap converts foreign medians into CAD before comparing with Toronto.
| Country | Local median | vs Toronto |
|---|---|---|
 Vietname.g. Hanoi | $7,059/yr | -89% |
 Argentinae.g. Buenos Aires | $10,316/yr | -85% |
 Indiae.g. Mumbai | $10,577/yr | -84% |
 Switzerlande.g. Zürich | $122,329/yr | +83% |
 Indonesiae.g. Jakarta | $11,337/yr | -83% |
 Thailande.g. Bangkok | $14,907/yr | -78% |
 Philippinese.g. Quezon | $18,196/yr | -73% |
 Colombiae.g. Bogotá | $19,793/yr | -70% |
 Brazile.g. São Paulo | $21,520/yr | -68% |
 Portugale.g. Lisbon | $24,977/yr | -63% |
Related Finance & Business jobs in Toronto
Job openings & next moves
SponsoredBrowse live job openings for this role, or close the skills gap that separates the median from the top percentiles.
Related resources
Calculators and comparisons to dig into take-home pay, living costs, and period conversions.
- Take-home pay calculatorEstimate net pay after income tax and convert pay periods.Open→
- Cost of living calculatorCompare what a salary is worth across cities and price levels.Open→
- Salary comparisonStack two roles head-to-head in the same country.Open→
- Tax calculatorSee a simplified income-tax estimate by country.Open→
- Inflation calculatorAdjust a past salary or price for cumulative inflation.Open→
- Hourly wage calculatorConvert hourly wages to weekly, monthly, and annual pay.Open→
- Annual salary calculatorBreak an annual salary into monthly, weekly, and hourly pay.Open→
Frequently asked questions
- What is the average accountant salary in Toronto, ON?
- The average accountant salary in Toronto, ON is about $94,600 per year, or roughly $45.00 per hour.
- What is the salary range for a accountant in Toronto, ON?
- Most accountant salaries in Toronto, ON fall between $62,800 (entry level) and $143,000 (senior level). The 25th–75th percentile band is $75,700 to $124,000.
- How much does a accountant make per month in Toronto, ON?
- A typical accountant in Toronto, ON earns about $7,900 per month before tax, based on the annual median of $94,600.
- How does Toronto, ON pay compare to the Canada average?
- Toronto, ON pays about 24% below the Canada average for a accountant.
- What is the cost-of-living-adjusted accountant salary in Toronto, ON?
- After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median accountant salary in Toronto, ON is worth roughly $94,600 in US-baseline terms.
- What skills do accountants need?
- Common skills for a accountant include GAAP, Excel, Tax, Reconciliation, Reporting. Actual requirements vary by employer and seniority.
- Is accountant a growing career?
- Employment for accountant roles is projected to change by about +4% over the next decade. Local demand in Toronto, ON can differ from the national outlook.
- What is take-home pay for a accountant in Toronto, ON?
- A simplified national income-tax estimate puts median take-home near $81,499 per year (about $6,800 per month), or roughly 14% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
- How much rent might a accountant pay in Toronto, ON?
- A modeled modest 1-bedroom runs about $2,340 per month in Toronto, ON, scaled from a US baseline by the local cost-of-living index (100). Actual listings vary by neighborhood and size.
- Where do these Toronto, ON salary figures come from?
- Figures on Pay by Role are aggregated from public labour-market salary APIs, shown in CAD, and refreshed periodically. They are estimates for informational purposes only and are not a guarantee of individual pay.