Is C$40,000 a good salary in Canada?
Top 4% worldwide. 14th percentile at home.

C$40,000 a year is about C$110 a day. Measured against the world it looks enormous; measured against your own country it looks very different. Both numbers are below.

The median household in Canada brings in about C$72,630 a year. At C$40,000, you are below that line — roughly the 14th percentile of households.

A single-income household at C$40,000 would sit near the bottom of the Canada distribution: enough for essentials in most places, little left over. On a global scale, though, this is still an income most of humanity would call comfortable.

Why the two numbers disagree

A worldwide ranking compares you with 8 billion people across every price level on earth. A national ranking compares you with households that face the same prices, taxes and rent you do. The first number is flattering; the second is useful.

How this is calculated

Global: World Bank PIP world aggregate for 2023 at 2021 purchasing power parity, interpolated between published thresholds. At home: the same source's distribution for Canada (2021 survey), scaled from per-person income to a household of about 2.4 people — which reproduces the official median household income within a few percent.

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FAQ

Why does the global number look so much better than my local one?

Because global income is extremely uneven. Being in the top few percent worldwide is normal for anyone in a high-income country — it reflects geography more than effort.

How is the at-home percentile calculated?

We take the World Bank's per-person income distribution for Canada, scale it to a typical household of about 2.4 people, and locate your salary in it. Median household income implied by this method is about C$72,630 a year.

Is this salary-to-salary?

Not exactly. It compares your income to household income, so a single person is over-ranked and someone supporting a family is under-ranked.

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Data: World Bank PIP · statistical estimate, not an exact ranking. For entertainment. Not financial advice.
This site compares incomes. It does not rank countries, and it says nothing about anyone’s worth.