Montreal Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Montreal.

About Montreal

AI research, gaming, and aerospace industries keep comp elevated with bilingual culture benefits.

Montreal represents a growing economic centerin Canada, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living

Index score (100 = global average)

Rent Index

Housing cost indicator

Median Income

$67,500

Estimated professional median

Tax System in Canada

Canada utilizes a progressive tax system combining federal and provincial rates. The Canada Pension Plan and Employment Insurance are mandatory payroll deductions.

Example Calculation

For a professional earning $67,500 annually in Montreal:

Gross Income

$67,500

Net Income

$52,265

Tax Rate

22.6%

Monthly Take-Home

$4,355

Popular Salary Benchmarks

Explore compensation data for key roles in Montreal

View All

AI Engineer

$180,000

Estimated base salary

Machine Learning Researcher

$190,000

Estimated base salary

Product Manager

Tech

$135,000

Estimated base salary

Fintech Product Manager

Tech

$150,000

Estimated base salary

Data Engineering Manager

Tech

$155,000

Estimated base salary

Data Scientist

Tech

$125,000

Estimated base salary

Solutions Architect

Tech

$145,000

Estimated base salary

Blockchain Architect

Tech

$160,000

Estimated base salary

DevOps Engineer

Tech

$130,000

Estimated base salary

Site Reliability Engineer

Tech

$140,000

Estimated base salary

Cybersecurity Director

Tech

$185,000

Estimated base salary

UX Designer

Tech

$105,000

Estimated base salary

Investment Banker

Finance

$150,000

Estimated base salary

Private Equity Associate

Finance

$170,000

Estimated base salary

Hedge Fund Analyst

Finance

$160,000

Estimated base salary

Portfolio Manager

Finance

$200,000

Estimated base salary

Quantitative Researcher

Finance

$210,000

Estimated base salary

Venture Capital Partner

Finance

$220,000

Estimated base salary

Wealth Manager

Finance

$140,000

Estimated base salary

Chief Financial Officer

Executive

$250,000

Estimated base salary

Compare with Similar Markets

Miami

A gateway for Latin American finance with favorable tax conditions and a growing hedge fund presence.

Atlanta

Logistics, fintech, and corporate HQs offer strong comp relative to cost of living.

Dallas

Energy trading and Fortune 500 relocations drive consistently high salaries in a business-friendly environment.

Houston

Energy majors, healthcare systems, and NASA suppliers support generous total compensation.

Denver

A fast-growing tech and aerospace corridor with increasing venture capital inflows.

Phoenix

Semiconductor fabrication and remote corporate teams make Phoenix a cost-efficient talent market.

Frequently Asked Questions

What is the cost of living in Montreal?↓

Montreal has a cost of living index of 67 and a rent index of 83, making it a moderately priced city. Housing costs are particularly high, with prime districts commanding premium rents.

How does the tax system work in Canada?↓

Canada utilizes a progressive tax system combining federal and provincial rates. The Canada Pension Plan and Employment Insurance are mandatory payroll deductions.

What is a good salary in Montreal?↓

For professionals in Montreal, we estimate the median income at approximately $67,500. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in central areas.

What industries are strongest in Montreal?↓

Montreal is a growing economic center with strong presence across multiple sectors. The city's diverse economy attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.