Accountant Salary in Ottawa (2026)
Is 66,960/year enough to live in Ottawa?
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Accountant Salary Analysis in Ottawa
Ottawa's financial sector provides strong opportunities for Accountants, with average earnings of $66,960/year. The city's major financial centre status drives consistent demand for finance professionals.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 47,187/year — or $3,932/month.
Ottawa is one of Canada's most expensive cities, and a accountant salary requires careful budgeting. A 1-bedroom apartment runs $1,650/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 Ottawa
Cost of Living in Ottawa
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 Ottawa?
The average accountant salary in Ottawa, ON is $66,960 per year as of 2026. This is above the national average of $62,000, primarily due to Ottawa's cost of living index of 108 (Canada average: 100).
How much does a accountant take home after taxes in Ottawa?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a accountant in Ottawa takes home approximately $47,187/year — that's $3,932/month or $1,815 bi-weekly.
Is $66,960 a good salary in Ottawa?
In Ottawa, $66,960 is considered a strong salary with good financial flexibility. The city's cost of living index of 108 means your dollar goes about as far as the Canadian average.
What is the salary range for accountants in Ottawa?
Accountants in Ottawa typically earn between $48,600 and $91,800 per year, depending on experience, specialization, and employer. Entry-level positions start around $48,600, while senior roles can exceed $91,800.
How fast is the accountant job market growing in Ottawa?
The accountant field is growing at approximately 6.8% nationally, a steady pace that reflects stable long-term demand. Ottawa currently has an estimated 458 openings, with an unemployment rate of 4.8%.