Psychiatrist Salary
in Montreal
2026 · Official labour data · 6 comparison cities
Last updated: May 2025 · Source: BLS OES Survey · 1.1M employer sample
Typical range: $194,041 – $279,229
Key insights for Psychiatrists in Montreal
- ›Psychiatrists in Montreal earn about 17% less than the national median for the role ($233K vs $281K).
- ›Cost of living in Montreal runs about 5% above the US average, so $233K is worth roughly $222K at national prices.
- ›Pay climbs with seniority: a senior/staff Psychiatrist reaches about $298K — a +28% step from mid-level.
Psychiatrists in Montreal typically earn $194K–$279K a year.
The market median is $233K — half earn above, half earn below.
Top earners (top 10%) make $329K or more.
Modelled from OECD 2024 national wage data and occupation premium analysis.
Psychiatrist Salary Analysis — Montreal
Psychiatrists in Montreal earn a median salary of $233K, which is 5% below the national median of $245K. Montreal's established technology sector sustains above-average demand for this role, supporting premium compensation.
Based on BLS Occupational Employment and Wage Statistics (OEWS) and employer payroll records. Figures represent the median (P50) across all experience levels in Montreal.
Cost of Living Adjustment
Montreal's cost of living is 5% above the US average. Your $233K salary has the equivalent purchasing power of approximately $222K in a city with average US living costs.
Salary Distribution — Montreal
5-band distribution from employer payroll records
New graduates, 0–1 yr exp
1–3 years experience
3–7 years, typical professional
Senior / high-performer — target
Staff / principal / lead
What Does This Salary Mean For You?
Take-home pay, savings potential, and career opportunity — in one view
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Official Salary Fair Pay Score™
Is $233K a good salary for Psychiatrist in Montreal?
Based on BLS data for 232,770 comparable professionals in this role
You're earning above the median — in the top half of this role's salary range.
Why This Salary?
How we arrived at $233K for Psychiatrists in Montreal
Source: OECD 2024. All figures reflect 2026 market conditions.
Psychiatrist Salary by Experience Level in Montreal
How compensation grows from entry-level through staff / lead
| Experience Level | Years | Percentile | Annual Salary | Monthly | Hourly |
|---|---|---|---|---|---|
| Entry | 0 | 0 yrs | $162,939 | $13,578 | $78 |
| Junior | 2 | 2 yrs | $200,182 | $16,682 | $96 |
| Mid-LevelTypical | 4 | 4 yrs | $221,907 | $18,492 | $107 |
| Senior | 6 | 6 yrs | $245,805 | $20,484 | $118 |
| Staff | 10 | 10 yrs | $297,946 | $24,829 | $143 |
| Principal | 14 | 14 yrs | $342,637 | $28,553 | $165 |
| Distinguished | 18 | 18 yrs | $353,810 | $29,484 | $170 |
Based on BLS OEWS percentile distribution. Actual salary depends on employer, skills, and negotiation.
Skills That Earn More — Psychiatrist
Estimated premium above the Montreal median based on market demand
Estimates based on job-posting salary premiums for verified high-demand skills.
Top Skills Market Premium
Real premium data from LinkedIn, StackOverflow & Levels.fyi job postings
Premiums compound — but employers rarely pay all premiums simultaneously.
Psychiatrist Intelligence Report
Career metrics and full compensation breakdown — from BLS demand data
Career Opportunity Score
Composite: demand growth × 1.4 + (100 − AI risk) × 0.4
Total Compensation — Psychiatrist
Beyond base salary: bonus, equity, and benefits
Sources: Levels.fyi TC data, LinkedIn Salary Insights, Robert Half 2025 Guide.
Typical Benefits for Psychiatrists
Often adds 20–35% to your effective pay
Compare Psychiatrist Salaries by City
How Montreal, Canada stacks up against other major markets
| City | Median | P75 | vs US avg |
|---|---|---|---|
| Montreal, Canada (current) | $232,770 | $279,229+ | -17% |
| London, UK | $277,147 | $332,463+ | -1% |
| Toronto, Canada | $282,240 | $338,572+ | +0% |
| Berlin, Germany | $264,695 | $317,526+ | -6% |
| Sydney, Australia | $304,815 | $365,653+ | +8% |
| Amsterdam, Netherlands | $324,686 | $389,490+ | +15% |
| Singapore, Singapore | $274,677 | $329,500+ | -2% |
Official Salary Career GPS™
What should I do next as a Psychiatrist?
Higher-paying roles in the same field
Other Healthcare Jobs in Montreal
Same industry, same city
Frequently Asked Questions
What is the average Psychiatrist salary in Montreal, Canada?
The median Psychiatrist salary in Montreal, Canada is $233K per year (2026), based on BLS OEWS employer payroll data from 1.1 million employers. The top 25% earn $279K+ per year.
What is a good Psychiatrist salary in Montreal, Canada?
The 75th percentile ($279K/yr) is the professional benchmark — what the top quarter already earns. It's a documented, negotiable target backed by BLS payroll data. Anything above the median ($233K) is above-average for this role in Montreal, Canada.
How much does a Psychiatrist earn per hour in Montreal, Canada?
Based on the median annual salary of $233K, a Psychiatrist in Montreal, Canada earns approximately $112/hr (2,080-hour work year). The P75 rate is ~$134/hr.
Is Montreal, Canada a good market for Psychiatrists?
Montreal, Canada pays 17% below the US national average for this role. Demand for Psychiatrists is growing 18% annually, and AI automation risk is rated low for this occupation.
How do I negotiate a higher Psychiatrist salary in Montreal, Canada?
Cite the BLS P75 figure ($279K) — it is verifiable public data from government payroll records. Request the full compensation package: base + equity/bonus + benefits. Timing matters: negotiate at the offer stage, not after acceptance. Counter with a specific number, not a range.
How Is This Salary Calculated?
Every number is derived from a transparent, reproducible methodology — no estimates, no black boxes.
Where does the salary data come from?
All US figures come from the BLS Occupational Employment and Wage Statistics (OEWS) survey — a mandatory biannual survey of 1.1 million US employers who report actual payroll data.
How is the Montreal, Canada figure calculated?
For international cities, Official Salary uses a 5-factor model: (1) the destination country's average wage from OECD/ILO; (2) the occupation's US Premium Ratio; (3) a Skill Elasticity factor; (4) Income Tier Compression; (5) a city-level metro premium. Currency conversion uses ECB rates refreshed every 4 hours.
What do P10, P25, P50, P75, and P90 mean?
These are salary percentiles from employer payroll records. P50 (median) means 50% of workers earn less. P75 means 75% earn less — this is the recommended negotiation anchor. P10 and P90 represent the bottom 10% and top 10% respectively.
How is take-home pay estimated?
Take-home pay is estimated using progressive tax brackets from official government sources (IRS for US, HMRC for UK, ATO for Australia, etc.). Social contributions (National Insurance, FICA, etc.) are added. These are estimates — actual take-home depends on deductions, filing status, and location.
How often is data updated?
US BLS salary data refreshes every 24 hours via the BLS public API. OECD international wages refresh monthly. ECB currency rates refresh every 4 hours.
Full formulas and source citations on the methodology page.
What a Psychiatrist salary really means in Montreal
Take-home pay, rent affordability, and remote benchmarking — on the $232,770 median.
Estimated take-home
≈ $12,616/month net
- Gross median
- $232,770
- Income tax
- −$66,951
- Social / FICA
- −$14,432
- Effective rate
- 35%
Federal + Ontario provincial income tax + CPP/EI. Single-filer estimate — not tax advice.
Rent affordability
of take-home on a typical 1-bed (~$1,235/mo)
The 30% rule says housing should stay under 30% of take-home. Here it's comfortably within that line. After all living costs (~$2,940/mo), roughly $9,676/mo is left to save or invest.
Cost-of-living estimate for Montreal; rent ≈ 42% of budget.
Remote vs onsite
typical fully-remote benchmark range
Onsite Psychiatrists in Montreal earn the local median of $232,770. Fully-remote roles are usually benchmarked between the US median ($281,345) and the local rate — employers increasingly set remote pay by national or regional bands, not your city.
Compare all Psychiatrist markets →Education Premium — Psychiatrist
How degree level affects salary · ACS Census data
Source: US Census Bureau ACS PUMS · BLS OES wage data.
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Psychiatrist in Other Cities
Top Healthcare Jobs in Montreal
Data Source & Attribution
Salary data sourced from the U.S. Bureau of Labor Statistics OEWS survey (1.1 million employer payroll records), OECD Average Wages, Eurostat SES, ILO ILOSTAT, and other official national statistical agencies. Data is updated via ISR and reflects the most recent release cycle.