Salary guide · CA

Accountant salary in Toronto: can you afford rent?

A Accountant in Toronto typically earns CA$58,000–CA$130,000/year, with a median around CA$83,000/year. Median 1-bedroom rent is CA$2,400/month.

Affordability verdict

Manageable

At a typical Accountant salary of CA$83,000/year, spending on median Toronto rent (CA$2,400/mo) would take up 35% of gross income. That's above the 30% guideline but not uncommon — a manageable situation.

Accountant salary range in Toronto

CA$58,000

Entry level

lower quartile

CA$83,000

Typical

median estimate

CA$130,000

Experienced

upper quartile

Accountants prepare and examine financial records, ensure tax compliance, and advise on financial strategy. Figures are gross annual salary estimates for Toronto.

How much rent can a Accountant afford?

25% of income (comfortable)CA$1,729/mo

30% of income (standard)CA$2,075/mo

35% of income (stretch)CA$2,421/mo

Median Toronto rentCA$2,400/mo

Rent landscape in Toronto

CA$1,500

Budget

cheapest 10%

CA$2,400

Median

most common