Software Engineer Salary: Boston vs Toronto
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 Boston
United States
$155K USD
$155K USD
$155K PPP
Higher Purchasing Power
VS
USD Difference
+82%
Boston vs Toronto
🇨🇦 Toronto
Canada
CA$115K CAD
$85K USD
$104K PPP
Detailed Comparison
| Metric | Boston | Toronto | Difference |
|---|---|---|---|
| Local Currency Salary | $155K USD | CA$115K CAD | — |
| USD Equivalent | $155K | $85K | +82% |
| PPP-Adjusted SalaryWINNER | $155K 🏆 | $104K | +49% |
| 25th Percentile | $124K USD | CA$92K CAD | — |
| Median | $155K USD | CA$115K CAD | — |
| 75th Percentile | $194K USD | CA$144K CAD | — |
| Annual Mean | $167K USD | CA$124K CAD | — |
What Does This Mean?
Boston offers a Software Engineer salary of $155K USD, while Toronto offers $85K USD — a difference of +82% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $155K in US purchasing power terms, versus $104K for Toronto. This means Boston offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.