Chief Technology Officer Salary: New York vs Toronto
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 New York
United States
$272K USD
$272K USD
$272K PPP
Higher Purchasing Power
VS
USD Difference
+88%
New York vs Toronto
🇨🇦 Toronto
Canada
CA$196K CAD
$145K USD
$176K PPP
Detailed Comparison
| Metric | New York | Toronto | Difference |
|---|---|---|---|
| Local Currency Salary | $272K USD | CA$196K CAD | — |
| USD Equivalent | $272K | $145K | +88% |
| PPP-Adjusted SalaryWINNER | $272K 🏆 | $176K | +54% |
| 25th Percentile | $218K USD | CA$156K CAD | — |
| Median | $272K USD | CA$196K CAD | — |
| 75th Percentile | $340K USD | CA$244K CAD | — |
| Annual Mean | $294K USD | CA$211K CAD | — |
What Does This Mean?
New York offers a Chief Technology Officer salary of $272K USD, while Toronto offers $145K USD — a difference of +88% in raw terms.
After adjusting for purchasing power parity (PPP), New York's salary is worth $272K in US purchasing power terms, versus $176K for Toronto. This means New York offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.