Six figures is a milestone people often ask about. $100,000 is $8,333 a month before tax, or $48.08 an hour for a 40-hour week, and it is the pay level of many experienced engineers, senior public servants, nurse practitioners, skilled trades supervisors and managers. The broader question of what makes a salary good is answered in what is a good salary in Canada.

How many Canadians earn $100,000 or more

Because $100,000 is one of Statistics Canada’s income-size groups, tax data gives the share directly: in 2023, 14.8% of Canadians with income reported $100,000 or more, and 85.2% reported less. $100,000 is $55,000 above the median income of $45,000.

Where	Share earning $100,000 or more
Canada	14.8%
Alberta	18.4%
Ontario	16.0%
British Columbia	15.9%
Quebec	12.2%

The provincial figures show how much more common six-figure incomes are in some provinces than others. For a percentile by province or age, use the income percentile calculator.

$100,000 after tax

A single person keeps about $74,206 of $100,000 in Ontario and $75,373 in British Columbia after income tax, CPP and EI. Part of this income is taxed at a higher marginal rate; the salary after tax calculator and tax brackets show how.

A home on $100,000

The price ceiling for a $100,000 income, at the smallest down payment and at 20% down, is in the $100,000 line of the home affordability table.

What $100,000 covers

Outside Toronto and Vancouver, $100,000 generally supports a family with one earner, or a single person comfortably with room for saving. In the two most expensive cities, it is a strong single income that can still feel stretched by house prices. See Toronto, Vancouver, Calgary and Ottawa.