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Pharmacist Salary in Markham (2026)

Is 118,750/year enough to live in Markham?

$118,750$83,683 net·$6,974/month

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Housing Affordability
Based on Markham market rates
Comfortable
Good financial cushion
Job Openings
101
estimated
Growth Rate
3.1%
annually

Pharmacist Salary Analysis in Markham

With an aging population and expanding healthcare infrastructure, Pharmacists in Markham enjoy stable employment and competitive salaries. The average of $118,750 is above the national average of $95,000.

After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 83,683/year — or $6,974/month.

Markham offers a good balance of opportunity and affordability. With rent starting at $2,200/month for a 1-bedroom, a pharmacist earning $6,974/month take-home has solid financial flexibility compared to larger Canadian cities.

Pharmacist Salary Range in Markham

Entry LevelSenior / Specialist
$106,250Avg: $118,750$143,750

Cost of Living in Markham

Housing Costs

Average Home Price:$1,200,000
1-Bedroom Rent:$2,200/month
2-Bedroom Rent:$2,800/month
Property Tax Rate:0.75%

City Overview

Cost of Living Index:125 (avg: 100)
Average City Income:$65,000
Unemployment Rate:5.2%
Population:338k

How to Increase Your Pharmacist Salary

1

Specialization significantly increases earning potential — consider advanced certifications

2

Both public and private sector roles are available; private often pays more

3

Travel nursing and locum positions can boost income by 15-30%

Frequently Asked Questions

What is the average pharmacist salary in Markham?

The average pharmacist salary in Markham, ON is $118,750 per year as of 2026. This is above the national average of $95,000, primarily due to Markham's cost of living index of 125 (Canada average: 100).

How much does a pharmacist take home after taxes in Markham?

After federal and Ontario provincial taxes (combined effective rate: 29.5%), a pharmacist in Markham takes home approximately $83,683/year — that's $6,974/month or $3,219 bi-weekly.

Is $118,750 a good salary in Markham?

Markham has a high cost of living (index: 125), so $118,750 is a comfortable salary that covers housing and living expenses with room to save.

What is the salary range for pharmacists in Markham?

Pharmacists in Markham typically earn between $106,250 and $143,750 per year, depending on experience, specialization, and employer. Entry-level positions start around $106,250, while senior roles can exceed $143,750.

How fast is the pharmacist job market growing in Markham?

The pharmacist field is growing at approximately 3.1% nationally, a moderate pace consistent with overall labour market trends. Markham currently has an estimated 101 openings, with an unemployment rate of 5.2%.