Is $190,000 a good salary in Toronto, Ontario?
$190,000 is $127,950 more than the average yearly salary of $62,050 in Toronto. A salary of $190,000 per year means that you would be taking home about $123,546 per year after taxes, or $10,296 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Toronto is $121,200.
Updated: May, 2023
Average Cost of Living per Month in Toronto
The average cost of living in Toronto is $3,993/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Average cost of living
$3,993/month
Monthly net income of $190,000/year
$10,296/month
Average total income in 2020
$62,050
Average total household income in 2020
$121,200
Average Salary in Toronto
The average salary in Toronto is $62,050, which is 14% higher than the Canadian average salary of $54,450. A person making $190,000 a year in Toronto makes 206.2% more than the average working person in Toronto and will take home about $123,546.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Toronto. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $190,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Toronto is $2,091.
Your cost: $
Avg.
$2,091
$0
$4,000
Renter
Homeowner
Housing
The average monthly cost of owned housing in Toronto is $2,179.
Your cost: $
Avg.
$2,179
$0
$4,000
Transit
Driver
Transportation
The average monthly spend on public transit in Toronto is $311.
Your cost: $
Avg.
$311
$0
$1,000
Transit
Driver
Transportation
The average monthly spend for a driver in Toronto is $578.
Your cost: $
Avg.
$578
$0
$1,000
Groceries
The average person spends $467 on groceries per month in Toronto.
Your cost: $
Avg.
$467
$0
$1,500
Utilities
The average monthly cost of utilities in Toronto is $164.
Your cost: $
Avg.
$164
$0
$600
Leisure & Entertainment
The average person in Toronto spends $159 on leisure & entertainment per month.
Your cost: $
Avg.
$159
$0
$1,000
Clothing
The average person in Toronto spends $40 on clothing per month.
Your cost: $
Avg.
$40
$0
$500
Restaurants
The average person in Toronto spends $344 on restaurants per month.
Your cost: $
Avg.
$344
$0
$1,000
Other
The average person in Toronto spends $150 on miscellaneous goods and services per month.
Your cost: $
Avg.
$150
$0
$2,000
General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.
Your Results
Disclaimer: These numbers estimate what it costs to live in Toronto based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.
Your cost of living
$3,993/month
Monthly net income of $190,000/year
$10,296/month
Jobs in Toronto
Browse more salaries in Toronto
Most affordable cities in Ontario
Avg. Salary
$71,700
Avg. Monthly Net pay
$4,493
Avg. Cost of Living
$3,114
Affordability Index
144.28%
Avg. Salary
$68,900
Avg. Monthly Net pay
$4,329
Avg. Cost of Living
$3,122
Affordability Index
138.65%
Avg. Salary
$81,800
Avg. Monthly Net pay
$5,073
Avg. Cost of Living
$3,783
Affordability Index
134.09%
Avg. Salary
$63,000
Avg. Monthly Net pay
$4,001
Avg. Cost of Living
$3,042
Affordability Index
131.52%
Avg. Salary
$60,050
Avg. Monthly Net pay
$3,842
Avg. Cost of Living
$2,989
Affordability Index
128.55%
Avg. Salary
$61,300
Avg. Monthly Net pay
$3,909
Avg. Cost of Living
$3,118
Affordability Index
125.36%
Avg. Salary
$55,450
Avg. Monthly Net pay
$3,597
Avg. Cost of Living
$2,895
Affordability Index
124.24%
Avg. Salary
$62,050
Avg. Monthly Net pay
$3,950
Avg. Cost of Living
$3,179
Affordability Index
124.24%
Avg. Salary
$61,000
Avg. Monthly Net pay
$3,893
Avg. Cost of Living
$3,141
Affordability Index
123.94%
Avg. Salary
$59,950
Avg. Monthly Net pay
$3,837
Avg. Cost of Living
$3,141
Affordability Index
122.16%
11.
Kenora, Ontario
Avg. Salary
$55,100
Avg. Monthly Net pay
$3,578
Avg. Cost of Living
$2,935
Affordability Index
121.91%
12.
Milton, Ontario
Avg. Salary
$60,900
Avg. Monthly Net pay
$3,888
Avg. Cost of Living
$3,218
Affordability Index
120.81%
13.
Cobourg, Ontario
Avg. Salary
$52,000
Avg. Monthly Net pay
$3,406
Avg. Cost of Living
$2,863
Affordability Index
118.97%
Avg. Salary
$57,100
Avg. Monthly Net pay
$3,685
Avg. Cost of Living
$3,122
Affordability Index
118.03%
15.
Ottawa, Ontario
Avg. Salary
$64,500
Avg. Monthly Net pay
$4,081
Avg. Cost of Living
$3,506
Affordability Index
116.41%
16.
Timmins, Ontario
Avg. Salary
$55,100
Avg. Monthly Net pay
$3,578
Avg. Cost of Living
$3,101
Affordability Index
115.38%
Avg. Salary
$60,250
Avg. Monthly Net pay
$3,853
Avg. Cost of Living
$3,359
Affordability Index
114.71%
Avg. Salary
$53,400
Avg. Monthly Net pay
$3,487
Avg. Cost of Living
$3,069
Affordability Index
113.63%
Avg. Salary
$50,480
Avg. Monthly Net pay
$3,318
Avg. Cost of Living
$2,924
Affordability Index
113.47%
Avg. Salary
$51,450
Avg. Monthly Net pay
$3,374
Avg. Cost of Living
$2,996
Affordability Index
112.62%
21.
Sarnia, Ontario
Avg. Salary
$54,050
Avg. Monthly Net pay
$3,522
Avg. Cost of Living
$3,140
Affordability Index
112.16%
Avg. Salary
$53,550
Avg. Monthly Net pay
$3,495
Avg. Cost of Living
$3,141
Affordability Index
111.28%
23.
Ajax, Ontario
Avg. Salary
$54,300
Avg. Monthly Net pay
$3,535
Avg. Cost of Living
$3,201
Affordability Index
110.44%
24.
Dryden, Ontario
Avg. Salary
$52,850
Avg. Monthly Net pay
$3,455
Avg. Cost of Living
$3,141
Affordability Index
110.01%
Avg. Salary
$51,000
Avg. Monthly Net pay
$3,348
Avg. Cost of Living
$3,056
Affordability Index
109.55%
Avg. Salary
$47,880
Avg. Monthly Net pay
$3,175
Avg. Cost of Living
$2,915
Affordability Index
108.91%
Avg. Salary
$49,680
Avg. Monthly Net pay
$3,271
Avg. Cost of Living
$3,006
Affordability Index
108.83%
Avg. Salary
$49,720
Avg. Monthly Net pay
$3,274
Avg. Cost of Living
$3,019
Affordability Index
108.44%
Avg. Salary
$52,900
Avg. Monthly Net pay
$3,458
Avg. Cost of Living
$3,205
Affordability Index
107.9%
Avg. Salary
$57,000
Avg. Monthly Net pay
$3,680
Avg. Cost of Living
$3,434
Affordability Index
107.15%
Avg. Salary
$49,400
Avg. Monthly Net pay
$3,255
Avg. Cost of Living
$3,045
Affordability Index
106.9%
Avg. Salary
$53,750
Avg. Monthly Net pay
$3,506
Avg. Cost of Living
$3,289
Affordability Index
106.59%
Avg. Salary
$49,520
Avg. Monthly Net pay
$3,262
Avg. Cost of Living
$3,062
Affordability Index
106.53%
Avg. Salary
$53,750
Avg. Monthly Net pay
$3,506
Avg. Cost of Living
$3,330
Affordability Index
105.28%
Avg. Salary
$47,160
Avg. Monthly Net pay
$3,130
Avg. Cost of Living
$2,984
Affordability Index
104.91%
Avg. Salary
$49,720
Avg. Monthly Net pay
$3,274
Avg. Cost of Living
$3,121
Affordability Index
104.89%
Avg. Salary
$49,920
Avg. Monthly Net pay
$3,285
Avg. Cost of Living
$3,141
Affordability Index
104.59%
Avg. Salary
$49,560
Avg. Monthly Net pay
$3,264
Avg. Cost of Living
$3,124
Affordability Index
104.49%
Avg. Salary
$49,160
Avg. Monthly Net pay
$3,241
Avg. Cost of Living
$3,113
Affordability Index
104.11%
40.
Thorold, Ontario
Avg. Salary
$46,000
Avg. Monthly Net pay
$3,059
Avg. Cost of Living
$2,946
Affordability Index
103.84%
Avg. Salary
$47,160
Avg. Monthly Net pay
$3,130
Avg. Cost of Living
$3,018
Affordability Index
103.73%
Avg. Salary
$49,440
Avg. Monthly Net pay
$3,257
Avg. Cost of Living
$3,141
Affordability Index
103.71%
Avg. Salary
$54,450
Avg. Monthly Net pay
$3,543
Avg. Cost of Living
$3,418
Affordability Index
103.67%
44.
Guelph, Ontario
Avg. Salary
$55,200
Avg. Monthly Net pay
$3,583
Avg. Cost of Living
$3,516
Affordability Index
101.92%
45.
Hearst, Ontario
Avg. Salary
$53,850
Avg. Monthly Net pay
$3,511
Avg. Cost of Living
$3,453
Affordability Index
101.69%
Avg. Salary
$46,960
Avg. Monthly Net pay
$3,118
Avg. Cost of Living
$3,067
Affordability Index
101.67%
Avg. Salary
$47,080
Avg. Monthly Net pay
$3,126
Avg. Cost of Living
$3,137
Affordability Index
99.64%
Avg. Salary
$44,840
Avg. Monthly Net pay
$2,988
Avg. Cost of Living
$3,011
Affordability Index
99.23%
Avg. Salary
$51,950
Avg. Monthly Net pay
$3,403
Avg. Cost of Living
$3,434
Affordability Index
99.1%
50.
Toronto, Ontario
Avg. Salary
$62,050
Avg. Monthly Net pay
$3,950
Avg. Cost of Living
$3,993
Affordability Index
98.91%
51.
Welland, Ontario
Avg. Salary
$44,440
Avg. Monthly Net pay
$2,963
Avg. Cost of Living
$3,003
Affordability Index
98.68%
52.
Windsor, Ontario
Avg. Salary
$45,400
Avg. Monthly Net pay
$3,022
Avg. Cost of Living
$3,082
Affordability Index
98.06%
Avg. Salary
$46,200
Avg. Monthly Net pay
$3,071
Avg. Cost of Living
$3,141
Affordability Index
97.79%
54.
London, Ontario
Avg. Salary
$50,440
Avg. Monthly Net pay
$3,315
Avg. Cost of Living
$3,399
Affordability Index
97.54%
55.
Oshawa, Ontario
Avg. Salary
$48,960
Avg. Monthly Net pay
$3,229
Avg. Cost of Living
$3,319
Affordability Index
97.28%
Avg. Salary
$54,150
Avg. Monthly Net pay
$3,527
Avg. Cost of Living
$3,639
Affordability Index
96.93%
Avg. Salary
$47,560
Avg. Monthly Net pay
$3,155
Avg. Cost of Living
$3,258
Affordability Index
96.84%
Avg. Salary
$45,560
Avg. Monthly Net pay
$3,032
Avg. Cost of Living
$3,143
Affordability Index
96.47%
59.
Midland, Ontario
Avg. Salary
$45,160
Avg. Monthly Net pay
$3,008
Avg. Cost of Living
$3,131
Affordability Index
96.06%
60.
Markham, Ontario
Avg. Salary
$53,950
Avg. Monthly Net pay
$3,517
Avg. Cost of Living
$3,668
Affordability Index
95.87%
Avg. Salary
$41,280
Avg. Monthly Net pay
$2,769
Avg. Cost of Living
$2,921
Affordability Index
94.8%
62.
Barrie, Ontario
Avg. Salary
$51,550
Avg. Monthly Net pay
$3,380
Avg. Cost of Living
$3,573
Affordability Index
94.6%
Avg. Salary
$46,280
Avg. Monthly Net pay
$3,076
Avg. Cost of Living
$3,280
Affordability Index
93.79%
Avg. Salary
$44,080
Avg. Monthly Net pay
$2,941
Avg. Cost of Living
$3,139
Affordability Index
93.7%
Avg. Salary
$44,360
Avg. Monthly Net pay
$2,958
Avg. Cost of Living
$3,199
Affordability Index
92.48%
Avg. Salary
$42,400
Avg. Monthly Net pay
$2,838
Avg. Cost of Living
$3,141
Affordability Index
90.35%
Avg. Salary
$45,400
Avg. Monthly Net pay
$3,022
Avg. Cost of Living
$3,408
Affordability Index
88.68%
Avg. Salary
$39,120
Avg. Monthly Net pay
$2,636
Avg. Cost of Living
$3,085
Affordability Index
85.45%
69.
Orillia, Ontario
Avg. Salary
$45,480
Avg. Monthly Net pay
$3,027
Avg. Cost of Living
$3,565
Affordability Index
84.92%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
| Rank | City | Avg. Salary | Avg. Monthly Net pay | Avg. Cost of Living | Affordability Index |
|---|---|---|---|---|---|
| 1 | Aurora, Ontario | $71,700 | $4,493 | $3,114 | 144.28% |
| 2 | Burlington, Ontario | $68,900 | $4,329 | $3,122 | 138.65% |
| 3 | Oakville, Ontario | $81,800 | $5,073 | $3,783 | 134.09% |
| 4 | Whitby, Ontario | $63,000 | $4,001 | $3,042 | 131.52% |
| 5 | Pickering, Ontario | $60,050 | $3,842 | $2,989 | 128.55% |
| 6 | Deep River, Ontario | $61,300 | $3,909 | $3,118 | 125.36% |
| 7 | Greater Sudbury, Ontario | $55,450 | $3,597 | $2,895 | 124.24% |
| 8 | Vaughan, Ontario | $62,050 | $3,950 | $3,179 | 124.24% |
| 9 | Marathon, Ontario | $61,000 | $3,893 | $3,141 | 123.94% |
| 10 | East Gwillimbury, Ontario | $59,950 | $3,837 | $3,141 | 122.16% |
| 11 | Kenora, Ontario | $55,100 | $3,578 | $2,935 | 121.91% |
| 12 | Milton, Ontario | $60,900 | $3,888 | $3,218 | 120.81% |
| 13 | Cobourg, Ontario | $52,000 | $3,406 | $2,863 | 118.97% |
| 14 | Richmond Hill, Ontario | $57,100 | $3,685 | $3,122 | 118.03% |
| 15 | Ottawa, Ontario | $64,500 | $4,081 | $3,506 | 116.41% |
| 16 | Timmins, Ontario | $55,100 | $3,578 | $3,101 | 115.38% |
| 17 | Waterloo, Ontario | $60,250 | $3,853 | $3,359 | 114.71% |
| 18 | Innisfil, Ontario | $53,400 | $3,487 | $3,069 | 113.63% |
| 19 | Stratford, Ontario | $50,480 | $3,318 | $2,924 | 113.47% |
| 20 | Cambridge, Ontario | $51,450 | $3,374 | $2,996 | 112.62% |
| 21 | Sarnia, Ontario | $54,050 | $3,522 | $3,140 | 112.16% |
| 22 | New Tecumseth, Ontario | $53,550 | $3,495 | $3,141 | 111.28% |
| 23 | Ajax, Ontario | $54,300 | $3,535 | $3,201 | 110.44% |
| 24 | Dryden, Ontario | $52,850 | $3,455 | $3,141 | 110.01% |
| 25 | Thunder Bay, Ontario | $51,000 | $3,348 | $3,056 | 109.55% |
| 26 | Belleville, Ontario | $47,880 | $3,175 | $2,915 | 108.91% |
| 27 | Sault Ste. Marie, Ontario | $49,680 | $3,271 | $3,006 | 108.83% |
| 28 | Timiskaming District, Ontario | $49,720 | $3,274 | $3,019 | 108.44% |
| 29 | Fort Frances, Ontario | $52,900 | $3,458 | $3,205 | 107.9% |
| 30 | Newmarket, Ontario | $57,000 | $3,680 | $3,434 | 107.15% |
| 31 | Woodstock, Ontario | $49,400 | $3,255 | $3,045 | 106.9% |
| 32 | Kingston, Ontario | $53,750 | $3,506 | $3,289 | 106.59% |
| 33 | North Bay, Ontario | $49,520 | $3,262 | $3,062 | 106.53% |
| 34 | Hamilton, Ontario | $53,750 | $3,506 | $3,330 | 105.28% |
| 35 | Fort Erie, Ontario | $47,160 | $3,130 | $2,984 | 104.91% |
| 36 | Kapuskasing, Ontario | $49,720 | $3,274 | $3,121 | 104.89% |
| 37 | Atikokan, Ontario | $49,920 | $3,285 | $3,141 | 104.59% |
| 38 | Arnprior, Ontario | $49,560 | $3,264 | $3,124 | 104.49% |
| 39 | Temiskaming Shores, Ontario | $49,160 | $3,241 | $3,113 | 104.11% |
| 40 | Thorold, Ontario | $46,000 | $3,059 | $2,946 | 103.84% |
| 41 | Brantford, Ontario | $47,160 | $3,130 | $3,018 | 103.73% |
| 42 | Goderich, Ontario | $49,440 | $3,257 | $3,141 | 103.71% |
| 43 | Orangeville, Ontario | $54,450 | $3,543 | $3,418 | 103.67% |
| 44 | Guelph, Ontario | $55,200 | $3,583 | $3,516 | 101.92% |
| 45 | Hearst, Ontario | $53,850 | $3,511 | $3,453 | 101.69% |
| 46 | Peterborough, Ontario | $46,960 | $3,118 | $3,067 | 101.67% |
| 47 | Tillsonburg, Ontario | $47,080 | $3,126 | $3,137 | 99.64% |
| 48 | Niagara Falls, Ontario | $44,840 | $2,988 | $3,011 | 99.23% |
| 49 | Kitchener, Ontario | $51,950 | $3,403 | $3,434 | 99.1% |
| 50 | Toronto, Ontario | $62,050 | $3,950 | $3,993 | 98.91% |
| 51 | Welland, Ontario | $44,440 | $2,963 | $3,003 | 98.68% |
| 52 | Windsor, Ontario | $45,400 | $3,022 | $3,082 | 98.06% |
| 53 | Brockville, Ontario | $46,200 | $3,071 | $3,141 | 97.79% |
| 54 | London, Ontario | $50,440 | $3,315 | $3,399 | 97.54% |
| 55 | Oshawa, Ontario | $48,960 | $3,229 | $3,319 | 97.28% |
| 56 | Mississauga, Ontario | $54,150 | $3,527 | $3,639 | 96.93% |
| 57 | St. Catharines, Ontario | $47,560 | $3,155 | $3,258 | 96.84% |
| 58 | Port Colborne, Ontario | $45,560 | $3,032 | $3,143 | 96.47% |
| 59 | Midland, Ontario | $45,160 | $3,008 | $3,131 | 96.06% |
| 60 | Markham, Ontario | $53,950 | $3,517 | $3,668 | 95.87% |
| 61 | Cornwall, Ontario | $41,280 | $2,769 | $2,921 | 94.8% |
| 62 | Barrie, Ontario | $51,550 | $3,380 | $3,573 | 94.6% |
| 63 | St. Thomas, Ontario | $46,280 | $3,076 | $3,280 | 93.79% |
| 64 | Parry Sound, Ontario | $44,080 | $2,941 | $3,139 | 93.7% |
| 65 | Owen Sound, Ontario | $44,360 | $2,958 | $3,199 | 92.48% |
| 66 | Thessalon, Ontario | $42,400 | $2,838 | $3,141 | 90.35% |
| 67 | Brampton, Ontario | $45,400 | $3,022 | $3,408 | 88.68% |
| 68 | Elliot Lake, Ontario | $39,120 | $2,636 | $3,085 | 85.45% |
| 69 | Orillia, Ontario | $45,480 | $3,027 | $3,565 | 84.92% |
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.