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Software Engineer Salary in London (2026)

Is 90,250/year enough to live in London?

$90,250$63,599 net·$5,300/month

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Housing Affordability
Based on London market rates
Comfortable
Good financial cushion
Job Openings
253
estimated
Growth Rate
15.3%
annually

Software Engineer Salary Analysis in London

London has established itself as a growing technology hub, and Software Engineers benefit from strong demand across startups, scale-ups, and enterprise companies. The average salary of $90,250 reflects the city's cost of living index of 95 relative to the Canadian average.

After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 63,599/year — or $5,300/month.

London offers a good balance of opportunity and affordability. With rent starting at $1,350/month for a 1-bedroom, a software engineer earning $5,300/month take-home has solid financial flexibility compared to larger Canadian cities.

Software Engineer Salary Range in London

Entry LevelSenior / Specialist
$61,750Avg: $90,250$133,000

Cost of Living in London

Housing Costs

Average Home Price:$550,000
1-Bedroom Rent:$1,350/month
2-Bedroom Rent:$1,650/month
Property Tax Rate:1.35%

City Overview

Cost of Living Index:95 (avg: 100)
Average City Income:$48,000
Unemployment Rate:5.8%
Population:422k

How to Increase Your Software Engineer Salary

1

Obtain cloud certifications (AWS, Azure, GCP) to command higher salaries

2

Build a strong GitHub portfolio — Canadian tech employers actively review it

3

Consider contract roles which often pay 20-40% more than equivalent permanent positions

Frequently Asked Questions

What is the average software engineer salary in London?

The average software engineer salary in London, ON is $90,250 per year as of 2026. This is below the national average of $95,000, primarily due to London's cost of living index of 95 (Canada average: 100).

How much does a software engineer take home after taxes in London?

After federal and Ontario provincial taxes (combined effective rate: 29.5%), a software engineer in London takes home approximately $63,599/year — that's $5,300/month or $2,446 bi-weekly.

Is $90,250 a good salary in London?

In London, $90,250 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 software engineers in London?

Software Engineers in London typically earn between $61,750 and $133,000 per year, depending on experience, specialization, and employer. Entry-level positions start around $61,750, while senior roles can exceed $133,000.

How fast is the software engineer job market growing in London?

The software engineer field is growing at approximately 15.3% nationally, which is significantly above average and signals strong future demand. London currently has an estimated 253 openings, with an unemployment rate of 5.8%.