Mechanical Engineer Salary in Toronto (2026)
Is 104,960/year enough to live in Toronto?
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Mechanical Engineer Salary Analysis in Toronto
Mechanical Engineers in Toronto earn an average salary of $104,960/year. This reflects Toronto's cost of living index of 128 and is above the national average of $82,000.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 73,965/year — or $6,164/month.
Living in Toronto on a mechanical engineer salary is very achievable. After covering a 1-bedroom apartment ($2,400/month) and typical living expenses, you'd have roughly $2,564/month left over for savings, investments, or lifestyle spending.
Mechanical Engineer Salary Range in Toronto
Cost of Living in Toronto
Housing Costs
City Overview
How to Increase Your Mechanical Engineer Salary
Research salary ranges before negotiating — use multiple sources
Benefits packages (health, dental, pension) can add 15-25% to total compensation
Professional certifications and continuing education consistently increase earning potential
Frequently Asked Questions
What is the average mechanical engineer salary in Toronto?
The average mechanical engineer salary in Toronto, ON is $104,960 per year as of 2026. This is above the national average of $82,000, primarily due to Toronto's cost of living index of 128 (Canada average: 100).
How much does a mechanical engineer take home after taxes in Toronto?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a mechanical engineer in Toronto takes home approximately $73,965/year — that's $6,164/month or $2,845 bi-weekly.
Is $104,960 a good salary in Toronto?
Toronto has a high cost of living (index: 128), so $104,960 is a comfortable salary that covers housing and living expenses with room to save.
What is the salary range for mechanical engineers in Toronto?
Mechanical Engineers in Toronto typically earn between $83,200 and $134,400 per year, depending on experience, specialization, and employer. Entry-level positions start around $83,200, while senior roles can exceed $134,400.
How fast is the mechanical engineer job market growing in Toronto?
The mechanical engineer field is growing at approximately 4.8% nationally, a moderate pace consistent with overall labour market trends. Toronto currently has an estimated 1,319 openings, with an unemployment rate of 6.2%.