Pay by Role
Healthcare · Canada

Physician Salary in Toronto, ON

The average physician in Toronto, ON earns $207,551 per year — about $13,343 /mo after a simplified national tax estimate. Physicians diagnose and treat illness, drawing on years of medical training and specialization.

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?

$159,861/yr

~23% effective national income tax on the median. Excludes most payroll/social levies and local taxes.

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Afford rent?

$1,652/mo 1BR

About 12% of estimated take-home — ~$9,820 leftover /mo after modeled costs. Modeled, not a listing.

Cost of living calculator →

Compared with…?

% vs Toronto median (FX-adjusted abroad).

Average salary
$207,551
gross / year
Est. take-home
$159,861
~23% effective tax
Hourly equivalent
$99.54
based on 2,080 hrs/yr
vs. Canada avg
-24%
below average

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.

Physician salary range in Toronto

Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Toronto, ON.

$137,66110TH$139,07325TH$207,551MEDIAN$283,79475TH$312,73890TH
Estimated pay distribution — the curve peaks at the median and widens with the pay range.
PercentileAnnual salary
10th percentile (entry)$137,661
25th percentile$139,073
Median (50th)typical$207,551
75th percentile$283,794
90th percentile (senior)$312,738

How does your salary compare?

Enter what you earn (or an offer) to see where it ranks for a physician in Toronto, ON.

Your percentile
50th

$207,551 puts you in the 50th percentile. You earn more than about 50% of physicians in Toronto, ON. That’s right around the typical pay for this role.

$137,661$207,551$312,738

Salary insights

A typical physician in Toronto, ON earns about $294,000 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 $13,910 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 11% 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 physician salary is worth about $207,551 in baseline-priced terms.

Est. rent (1BR)
$1,652/mo
Other living costs
$1,850/mo
Savings potential
$9,820/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 $272,499— 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 +11% across the window.

$186,584
2022
$191,596
2023
$196,750
2024
$202,115
2025
$207,551
2026

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 Physician pay

See how a physician stacks up against similar healthcare roles in Canada.

What’s your take-home?

Calculator opens with this page’s median ($207,551) and Canada tax model — tweak hours, period, or offer amount.

Physician salary in other Canada cities

Same role, different city — % gap is vs Toronto.

CityMedian
Winnipeg, MB$272,499/yr
Québec, QC$272,499/yr
Halifax, NS$272,499/yr
Victoria, BC$272,499/yr
Kitchener, ON$272,499/yr
Burnaby, BC$272,499/yr
Longueuil, QC$272,499/yr
Regina, SK$272,499/yr

Physician salary in other countries

Capital/largest city sample for each market. % gap converts foreign medians into CAD before comparing with Toronto.

CountryLocal median
Vietnam flagVietname.g. Hanoi$12,833/yr
Indonesia flagIndonesiae.g. Jakarta$23,867/yr
Argentina flagArgentinae.g. Buenos Aires$33,604/yr
India flagIndiae.g. Mumbai$41,993/yr
Philippines flagPhilippinese.g. Quezon$43,216/yr
Colombia flagColombiae.g. Bogotá$52,781/yr
Thailand flagThailande.g. Bangkok$56,388/yr
South Africa flagSouth Africae.g. Johannesburg$64,821/yr
Portugal flagPortugale.g. Lisbon$67,405/yr
United States flagUnited Statese.g. Los Angeles$341,000/yr

Related Healthcare jobs in Toronto

Job openings & next moves

Sponsored

Browse live job openings for this role, or close the skills gap that separates the median from the top percentiles.

Calculators and comparisons to dig into take-home pay, living costs, and period conversions.

Frequently asked questions

What is the average physician salary in Toronto, ON?
The average physician salary in Toronto, ON is about $294,000 per year, or roughly $141.00 per hour.
What is the salary range for a physician in Toronto, ON?
Most physician salaries in Toronto, ON fall between $195,000 (entry level) and $443,000 (senior level). The 25th–75th percentile band is $197,000 to $402,000.
How much does a physician make per month in Toronto, ON?
A typical physician in Toronto, ON earns about $24,500 per month before tax, based on the annual median of $294,000.
How does Toronto, ON pay compare to the Canada average?
Toronto, ON pays about 24% below the Canada average for a physician.
What is the cost-of-living-adjusted physician salary in Toronto, ON?
After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median physician salary in Toronto, ON is worth roughly $294,000 in US-baseline terms.
What skills do physicians need?
Common skills for a physician include Diagnosis, Treatment, Clinical judgment, Ethics, Research. Actual requirements vary by employer and seniority.
Is physician a growing career?
Employment for physician roles is projected to change by about +3% over the next decade. Local demand in Toronto, ON can differ from the national outlook.
What is take-home pay for a physician in Toronto, ON?
A simplified national income-tax estimate puts median take-home near $226,447 per year (about $18,900 per month), or roughly 23% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
How much rent might a physician 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.