Finance pay: Toronto and GTA vs Boston and Cambridge
Across all levels, the middle posting in Boston and Cambridge is about 107% higher than in Toronto and GTA, after converting to Canadian dollars at today's rate.
The overall figures mix levels: manager and director roles are 60% of postings with pay in Toronto and GTA and 86% in Boston and Cambridge, so compare the same level where you can.
Toronto and GTA, all levels
CA$125k
Middle half CA$115k to CA$132k
about US$88k. From 5 postings.
Boston and Cambridge, all levels
US$183k
Middle half US$145k to US$234k
about CA$258k. From 29 postings.
Pay before tax is only part of the picture. Income tax, payroll deductions and health costs differ a lot between Canada and the US. The take-home pay tool shows what each offer leaves after tax.
How these figures work
They come only from pay ranges that employers posted on open jobs listed on PharmoniQ today. Each posting counts once, at the middle of its range. Only yearly pay in the job's own currency is used; hourly postings are left out. A figure shows only when at least 5 postings stand behind it. These are offers employers advertise, not what people in the role earn, and they change as jobs open and close. Currency conversions use today's Bank of Canada rate (1 US dollar = 1.42 Canadian dollars) and are rounded.