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Physician Salary: Boston vs Montreal

Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.

πŸ‡ΊπŸ‡Έ Boston
United States
$279K USD
$279K USD
$279K PPP
Higher Purchasing Power
VS
USD Difference
+120%
Boston vs Montreal
πŸ‡¨πŸ‡¦ Montreal
Canada
CA$171K CAD
$127K USD
$154K PPP

Detailed Comparison

MetricBostonMontrealDifference
Local Currency Salary$279K USDCA$171K CADβ€”
USD Equivalent$279K$127K+120%
PPP-Adjusted SalaryWINNER$279K πŸ†$154K+81%
25th Percentile$223K USDCA$137K CADβ€”
Median$279K USDCA$171K CADβ€”
75th Percentile$349K USDCA$214K CADβ€”
Annual Mean$301K USDCA$185K CADβ€”

What Does This Mean?

Boston offers a Physician salary of $279K USD, while Montreal offers $127K USD β€” a difference of +120% in raw terms.

After adjusting for purchasing power parity (PPP), Boston's salary is worth $279K in US purchasing power terms, versus $154K for Montreal. This means Boston offers better real purchasing power for this role.

PPP adjustment accounts for differences in local prices β€” 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.

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