Typical local-market pay: C$165,719/year (Verified Canada Job Bank LFS 2023–2024 · CIHI Physician Data). Lifestyle equivalent of a New York $180,000 salary: C$151,828/year (COLI-scaled, not market pay). COLI rank #40 of 113.
COLI-scaled lifestyle-equivalent range for a doctor (general) in Toronto (NYC baseline × COLI 62.3 / 100). This is not local market pay.
Highest COLI-scaled lifestyle equivalents (not local market pay):
| City | Local market | Lifestyle equivalent | Take-Home |
|---|---|---|---|
| Zurich | CHF 80,214 | CHF 178,512 | 61% |
| Geneva | CHF 80,214 | CHF 172,970 | 57% |
| New York | $180,000 | $180,000 | 62% |
| San Francisco | $180,000 | $175,680 | 63% |
| Singapore | S$128,968 | S$205,646 | 77% |
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Try Wise for Free →Local-market pay for a doctor (general) in Toronto is approximately C$165,719/year (Verified · Canada Job Bank LFS 2023–2024 · CIHI Physician Data). Separately, the lifestyle equivalent of a New York $180,000 salary is C$151,828 (COLI 62.3, NYC = 100). That equivalent is not what someone earns locally. COLI-scaled entry/senior lifestyle equivalents: C$67,479 – C$295,221.
After income tax and social contributions in Canada, a doctor (general) in Toronto takes home approximately 67% of their gross salary, or around $6,875/month ($82,498/year in USD equivalent).
Toronto ranks #40 out of 113 cities on COLI-scaled lifestyle equivalent for doctor (general)s (not local market rank). The top city on that equivalent scale is Zurich.