Accountant Salary in London (2026)
Is 58,900/year enough to live in London?
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Accountant Salary Analysis in London
London's financial sector provides strong opportunities for Accountants, with average earnings of $58,900/year. The city's growing business community drives consistent demand for finance professionals.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 41,507/year — or $3,459/month.
London offers a good balance of opportunity and affordability. With rent starting at $1,350/month for a 1-bedroom, a accountant earning $3,459/month take-home has solid financial flexibility compared to larger Canadian cities.
Accountant Salary Range in London
Cost of Living in London
Housing Costs
City Overview
How to Increase Your Accountant Salary
CPA or CFA designation can increase salary by $15,000–$30,000/year
Big 4 accounting firms offer structured career paths and strong starting salaries
Financial services in Toronto and Calgary tend to pay the highest in Canada
Frequently Asked Questions
What is the average accountant salary in London?
The average accountant salary in London, ON is $58,900 per year as of 2026. This is below the national average of $62,000, primarily due to London's cost of living index of 95 (Canada average: 100).
How much does a accountant take home after taxes in London?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a accountant in London takes home approximately $41,507/year — that's $3,459/month or $1,596 bi-weekly.
Is $58,900 a good salary in London?
In London, $58,900 is considered a strong salary with good financial flexibility. The city's cost of living index of 95 means your dollar goes further than the Canadian average.
What is the salary range for accountants in London?
Accountants in London typically earn between $42,750 and $80,750 per year, depending on experience, specialization, and employer. Entry-level positions start around $42,750, while senior roles can exceed $80,750.
How fast is the accountant job market growing in London?
The accountant field is growing at approximately 6.8% nationally, a steady pace that reflects stable long-term demand. London currently has an estimated 190 openings, with an unemployment rate of 5.8%.