Accountant Salary in Montreal (2026)
Is 60,760/year enough to live in Montreal?
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Accountant Salary Analysis in Montreal
Montreal's financial sector provides strong opportunities for Accountants, with average earnings of $60,760/year. The city's major financial centre status drives consistent demand for finance professionals.
After federal and Quebec provincial taxes at a combined rate of 37.7%, take-home pay is approximately 37,835/year — or $3,153/month.
Montreal is one of Canada's most expensive cities, and a accountant salary requires careful budgeting. A 1-bedroom apartment runs $1,450/month, leaving limited room for savings. Many professionals opt for roommates or consider nearby suburbs to stretch their take-home pay further.
Accountant Salary Range in Montreal
Cost of Living in Montreal
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 Montreal?
The average accountant salary in Montreal, QC is $60,760 per year as of 2026. This is below the national average of $62,000, primarily due to Montreal's cost of living index of 98 (Canada average: 100).
How much does a accountant take home after taxes in Montreal?
After federal and Quebec provincial taxes (combined effective rate: 37.7%), a accountant in Montreal takes home approximately $37,835/year — that's $3,153/month or $1,455 bi-weekly.
Is $60,760 a good salary in Montreal?
In Montreal, $60,760 is considered a reasonable salary for the local market. The city's cost of living index of 98 means your dollar goes further than the Canadian average.
What is the salary range for accountants in Montreal?
Accountants in Montreal typically earn between $44,100 and $83,300 per year, depending on experience, specialization, and employer. Entry-level positions start around $44,100, while senior roles can exceed $83,300.
How fast is the accountant job market growing in Montreal?
The accountant field is growing at approximately 6.8% nationally, a steady pace that reflects stable long-term demand. Montreal currently has an estimated 793 openings, with an unemployment rate of 5.6%.