Software Developer Salary in Toronto, Canada
Toronto, Canada 🇨🇦
Avg. Annual Base
CA$74,100/yr
YoY Growth
+8%
Cost of Living
Moderate
Job Demand
Medium
Gross Annual Salary
Mid-Level (3-5 yrs)
CA$74,100
Est. Tax (29%)
Combined federal + Ontario provincial tax
-CA$21,489
Net Take-Home Pay
* Estimates based on 2026 tax brackets for Canada.
As a mid-level Software Developer in 🇨🇦 Toronto, you can expect to earn approximately CA$74,100 gross annually. After accounting for the estimated 29% effective tax rate in Canada, your take-home pay would be around CA$52,611 per year, or roughly CA$4,384 per month. With average living costs in Toronto, this leaves you with an estimated monthly disposable income of CA$1,634 for savings and personal expenses.
See how far your salary goes in Toronto compared to other global cities.
Bottom Line: A mid-level Software Developer salary of CA$74,100 in Toronto provides a comfortable lifestyle with healthy savings potential. With approximately CA$52,611 take-home annually, your monthly disposable income after rent and essentials is around CA$1,634.
What is the average Software Developer salary in Toronto?
The average Software Developer salary in Toronto, Canada is approximately CA$74,100 per year for mid-level professionals. Entry-level positions start around CA$55,575, while senior professionals can earn up to CA$103,740 or more. These figures reflect the Toronto job market as of 2026.
How much tax will I pay as a Software Developer in Toronto?
In Toronto, Canada, the effective tax rate for a Software Developer is approximately 29%. Combined federal + Ontario provincial tax. On a mid-level salary of CA$74,100, you can expect to pay around CA$21,489 in taxes annually, leaving you with approximately CA$52,611 in net take-home pay.
Is Toronto a good city for Software Developers?
Toronto is a solid city for Software Developers. The demand level is currently medium, with an expected industry growth rate of +8% year-over-year. Top employers hiring Software Developers in Toronto include Shopify, RBC, TD Bank, and more. The cost of living index is 98 (100 = US average), making it moderately affordable compared to other global tech hubs.
What skills do I need to become a Software Developer?
To succeed as a Software Developer, you should master the following core skills: JavaScript, React, Node.js, TypeScript, Git. Additionally, certifications such as AWS Developer or Meta Frontend can significantly boost your employability and salary potential. In Toronto's competitive market, continuous learning and staying updated with industry trends is essential.
Can I live comfortably on a Software Developer salary in Toronto?
Yes, a Software Developer earning CA$74,100 in Toronto can live comfortably. After taxes (CA$21,489), your monthly take-home pay would be approximately CA$4,384. With average monthly expenses of CA$2,750 (rent, utilities, groceries, transport), you would have approximately CA$1,634 in disposable income each month for savings, entertainment, and other expenses.
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