Salary Comparison

Product Manager Salary:
New York, NY vs Toronto

Side-by-side gross salary, after-tax take-home pay, and purchasing power comparison. Updated June 2026.

New York, NY
$235,440
/ year
+54%
difference
Toronto
$152,814
/ year
Bottom line: New York wins on all three metrics — higher salary, more take-home pay, and greater purchasing power. How is this calculated? →
Metric
New York
Toronto
Median Gross Salary
Annual, before tax
$235,440✓ higher
$152,814
Entry Level
0–2 years experience
$152,258✓ higher
$98,824
Senior Level
8+ years experience
$364,066✓ higher
$236,300
Est. Take-Home Pay
After income tax + FICA
$157,795✓ higher
$94,745
Purchasing Power
Equivalent in median-CoL city
$162,372✓ higher
$122,251
Cost of Living Index
Relative to US median (1.00)
1.45×
1.25×✓ lower
Percentile 10 (Low)
Bottom 10% of earners
$152,258✓ higher
$134,401
Percentile 90 (High)
Top 10% of earners
$364,066✓ higher
$321,368

What if you move from New York to Toronto?

Gross salary change
$82,626
54% decrease
Take-home change
$63,050
per year after tax
Purchasing power change
$40,121
equivalent real income

Take-home pay is estimated using 2024 US federal tax brackets (single filer) + 7.65% FICA, or a blended international effective rate. Purchasing power converts gross salary to an equivalent in a US median cost-of-living city (index 1.00×). Full methodology →

Salary Range Comparison

New York, NY$235,440
P10: $152,258Median: $235,440P90: $364,066
Toronto$152,814
P10: $134,401Median: $152,814P90: $321,368

More Product Manager salary comparisons

New York vs Los AngelesNew York vs ChicagoNew York vs HoustonNew York vs PhoenixNew York vs PhiladelphiaNew York vs San AntonioToronto vs VancouverToronto vs MontrealToronto vs CalgaryToronto vs OttawaAll Product Manager salaries →

Frequently Asked Questions

▶Does a Product Manager earn more in New York or Toronto?

The median Product Manager salary in New York, NY is $235,440/yr compared to CA$207,827/yr in Toronto. New York pays 54% more in gross terms.

▶Is a Product Manager salary worth more in New York or Toronto after cost of living?

After adjusting for local cost of living, your New York salary has the purchasing power of $162,372/yr in a median-cost city, vs $122,251/yr for Toronto. New York offers stronger real purchasing power.

▶What is the take-home pay for a Product Manager in New York vs Toronto?

After estimated taxes, a Product Manager in New York, NY takes home approximately $157,795/yr, vs $94,745/yr in Toronto. These are estimates based on standard federal tax rates and do not account for state/local taxes or deductions.