Toronto vs Austin: where does a real estate developer save more?

Best for saving: Austin โ€” about $5,394/mo after taxes and living costs.

Toronto
Canada
Austin
US
โ˜… Best for saving
Median salary$114,346$135,465
Take-home / mo$6,629$8,304
Income tax~30%~26%
Living costs / mo$2,212$2,910
Savings / mo$4,417$5,394
Savings rate67%65%
VerdictExcellentExcellent

Single professional, after-tax. "Savings" = take-home โˆ’ a baseline cost of living. A planning estimate, not financial advice.

How we calculated this

โ€ข Salary: BLS/OECD median for a real estate developer, adjusted per city.

โ€ข Tax: each country's single-filer effective rate (e.g. Canada ~30%, US ~26%).

โ€ข Living costs: a single professional's baseline monthly budget per city.

Estimates, not financial or tax advice. Updated 2026.