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Country guide · Canada

Moving to Canada: cost of living, salaries, taxes, visas

World's largest per-capita skilled-migrant intake via Express Entry; high progressive tax; cold winters and expensive Toronto / Vancouver housing.

Canada is the largest per-capita receiver of skilled immigrants in the G7. Express Entry ranks candidates federally; Provincial Nominee Programs let provinces pull candidates with locally-needed skills. The combined intake makes Canada one of the most accessible major destinations for points-eligible applicants.

Federal + provincial income tax reaches into the high 40s at the top marginal rate, with mid-bracket effective rates in the high 20s to mid 30s. Toronto and Vancouver have housing markets that have pressured salaries for years; smaller cities (Montreal, Calgary, Ottawa) offer meaningfully better cost-of-living math.

Data signals

What the numbers say about Canada

  • The take-home math

    Take-home pay in Canada is shaped by a roughly 28% effective payroll deduction (income tax + social security), with VAT at 13%.

  • The main hub

    Its primary hub, Toronto, carries a cost index of 72 (New York = 100).

  • Cost spread within the country

    Across the 3 Canada cities we track, the cost index spans 68 (Montreal) to 80 (Vancouver).

Average wage

Average salary in Canada

The average annual wage in Canada is about $69,417 (PPP-adjusted US$), per the OECD (2024). PPP-adjusted means it's comparable across countries on what the money actually buys — the OECD-wide average is ~$61,000. Source: OECD.

This is a country-wide figure. For what you actually need to earn in a specific city, see the salary-by-lifestyle breakdown on each city's cost-of-living page.

See take-home pay in Canada after tax → or compare with another country.

At a glance

Canada relocation profile

Anchor city
Toronto
Cost index 72
Cities in catalog
3
Across the country
Effective payroll deduction
28%
Income 22% + SS 6%
Currency
CAD
VAT 13%

Vs the catalog average

Is Toronto cheap or expensive, relatively?

Toronto's cost and rent index against the mean across every city Mundevo covers.

Cost of living index — cheaper leads
Toronto
72
Catalog average
64
Rent index — cheaper leads
Toronto
66
Catalog average
46

Index base: New York = 100. Catalog average is the unweighted mean across all cities Mundevo tracks, recomputed on every build.

Mundevo coverage in Canada

Cost-of-living detail pages for each Canada city in the catalog.

CityCost indexRent indexSafetyPopulation
Vancouver807865700,000
Toronto7266582,930,000
Montreal6860701,700,000

Tax and visa landscape

Headline tax model + entry-point visa overview for relocators.

Tax model
  • Effective income tax: 22.0%
  • Social security (employee): 6.0%
  • Total payroll deduction: 28.0%
  • VAT: 13.0%
  • Currency: CAD

Effective rates assume a single salaried filer at country median wage. Special regimes (e.g. expat-favoring schemes) are not applied here — see the visa guide for those.

Visa landscape

Visa categories, residency routes, and tax-regime context for relocators are detailed in the dedicated visa guide.

Canada visa guide →

Salary bands at Toronto — by role

Illustrative gross-salary bands for 6 senior IC roles in Toronto. Derived from NYC anchor × Canada pay-tier multiplier. Cross-check Levels.fyi, Glassdoor before negotiating.

RoleP25P50P75NYC anchor (P50)
Software engineerCA$138,153CA$171,500CA$219,139$180,000
Product managerCA$142,917CA$185,792CA$247,722$195,000
UX / product designerCA$97,319CA$128,285CA$172,521$145,000
Marketing managerCA$84,049CA$115,014CA$154,826$130,000
Data scientistCA$128,625CA$166,736CA$219,139$175,000
Finance analystCA$104,806CA$147,681CA$209,611$155,000

Top relocation corridors

Closest peers by cost-of-living index — the moves most commonly considered alongside Canada.