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Market Overview

Average Base Salary (Current) $123,050
Projected 2026 Average $126,988
Confidence Score Medium

Seniority Distribution

Entry Level 25%
Mid-Level 42%
Senior Level 25%
Executive 8%

Based on documented role samples.

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Toronto Industry Hubs

City-level salary premiums for Data Scientist roles, adjusted for local cost of living.

Toronto + 15%
$141,508
FinTech, AI Startups CoL: 95
Vancouver + 10%
$135,355
Gaming, Visual Effects CoL: 92
Montreal + 2%
$125,511
AI Research, Gaming CoL: 72
Ottawa + 5%
$129,203
Government Tech, Telecom CoL: 78
Calgary 0%
$123,050
Energy Tech, Cloud CoL: 74
Edmonton -2%
$120,589
AI Research, Enterprise CoL: 70
Waterloo + 8%
$132,894
Quantum, Security, SaaS CoL: 78
Halifax -6%
$115,667
OceanTech, Startups CoL: 68
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Market Intelligence: Data Scientist in Toronto

Last Updated: April 2026 ยท Based on 600 data points

Interactive Take-Home Pay Estimator

Estimate your net income based on the average $ $123,050 salary.

Gross Annual Salary $$123,050
Estimated Effective Tax Rate ~25%
Estimated Net Take-Home $$92,288

* This is a simplified estimation. Local tax variations apply.

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Unique Market Insights

Proprietary analysis combining government data with industry benchmarks for Data Scientist in Toronto.

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Cost-of-Living Adjusted Take-Home

Gross Salary $123,050
Effective Tax (Federal + Provincial avg.) -26%
Net Annual Take-Home $91,057
Monthly Net $7,588
Purchasing Power (USD equiv.) $100,901

Tax rates are regional averages. CoL index: 79/100 (US baseline). Rent index: 68/100.

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Growth Trajectory

2024 $123,050 Current
+3.2%/yr
2026 $126,988 Projected
+3.2%/yr
2028 $135,245 Extended

Based on 3.2% CAGR derived from Toronto official economic trajectory models. Market demand for Data Scientist roles is niche (index: 0/100).

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Purchasing Power Comparison

A Data Scientist in Toronto earning $123,050 has a purchasing power equivalent to $100,901 in the United States, after adjusting for local cost of living.

Toronto
CoL: 79
US (Baseline)
CoL: 100

PPP data from OECD 2024 estimates. A lower CoL index means your salary stretches further.

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Toronto Tech Ecosystem

Hub Density Medium-High
Remote Work Rate 32%
YoY Salary Growth +3.2%
Major employers hiring Data Scientist roles:
ShopifyRBCTD BankOpenTextBlackBerry

Seniority Growth Roadmap

Estimated progression based on Toronto market trends.

01

Junior Data Scientist

0-2 Years Exp โ€ข $86,135 Est.
02

Data Scientist

2-5 Years Exp โ€ข $123,050 Est.
03

Senior Data Scientist

5-8 Years Exp โ€ข $172,270 Est.
04

Principal Data Scientist

8+ Years Exp โ€ข $221,490 Est.

Frequently Asked Questions

What is the average Data Scientist salary in Toronto in 2026?

Based on our analysis of 600 documented salary records, the current average Data Scientist salary in Toronto is $123,050. Our models project this to reach $126,988 by 2026, reflecting a 3.2% annual growth rate.

How does experience level affect Data Scientist salaries?

Experience is the largest determinant. Entry-level practitioners typically earn below the median, while senior and executive-level professionals can command significantly higher premiums.

What is the take-home pay for a Data Scientist in Toronto?

After accounting for the average effective tax rate of 26% (Federal + Provincial avg.), a Data Scientist earning $123,050 takes home approximately $91,057 per year, or $7,588 per month.

How does Data Scientist salary in Toronto compare globally?

The same role in United States pays $135,092. Data Scientist salaries vary significantly across regions due to differences in cost of living, tax structures, and local market demand. We track this role across 10 countries.

What is the purchasing power of a Data Scientist salary in Toronto?

A Data Scientist earning $123,050 in Toronto has purchasing power equivalent to approximately $100,901 in the US. Toronto has a cost-of-living index of 79/100 relative to the US baseline.

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See how compensation for this role scales across other major global hubs for 2026.