Typical local-market pay: C$73,653/year (Verified Canada Job Bank LFS 2023–2024 · CIHI Physician Data). Lifestyle equivalent of a New York $80,000 salary: C$67,479/year (COLI-scaled, not market pay). COLI rank #40 of 113.
COLI-scaled lifestyle-equivalent range for a electrical engineer 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 44,077 | CHF 79,339 | 65% |
| Geneva | CHF 44,077 | CHF 76,876 | 61% |
| New York | $80,000 | $80,000 | 66% |
| San Francisco | $80,000 | $78,080 | 67% |
| Singapore | S$57,319 | S$91,398 | 77% |
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Try Wise for Free →Local-market pay for a electrical engineer in Toronto is approximately C$73,653/year (Verified · Canada Job Bank LFS 2023–2024 · CIHI Physician Data). Separately, the lifestyle equivalent of a New York $80,000 salary is C$67,479 (COLI 62.3, NYC = 100). That equivalent is not what someone earns locally. COLI-scaled entry/senior lifestyle equivalents: C$35,427 – C$122,306.
After income tax and social contributions in Canada, a electrical engineer in Toronto takes home approximately 68% of their gross salary, or around $3,092/month ($37,101/year in USD equivalent).
Toronto ranks #40 out of 113 cities on COLI-scaled lifestyle equivalent for electrical engineers (not local market rank). The top city on that equivalent scale is Zurich.