A $60,000 salary in Ontario nets you about $46,244 after tax — roughly $3,854 a month if you’re paid evenly throughout the year. That’s after federal and provincial income tax, CPP, and EI come off your paycheque. Your actual amount might differ based on benefits, how often you get paid, and your specific tax situation.
See main Ontario hub for related contents and calculate your take-home pay.
✅ 2026 Tax Data Verified — This guide reflects current CRA payroll rules and Ontario tax thresholds.
How your deductions work at $60,000 in Ontario
At $60,000, you’re still in the lower tax brackets for both federal and Ontario taxes, though you’re starting to edge into higher marginal territory compared to someone at $55,000. Every paycheque, a chunk gets withheld for income tax.
CPP and EI come off your paycheque all year long. You don’t earn enough to hit the caps where these deductions stop, so there’s no mid-year bump in your take-home. Consistent deductions, consistent pay.
Ontario’s Health Premium gradually increases within income bands. Both $55,000 and $60,000 fall inside the same premium range ($48,000 to $72,000), meaning the increase between these salaries is relatively small. The premium is included in your overall provincial tax calculation rather than appearing as a separate payroll deduction.
Earnings near $60,000 frequently align with Ontario’s typical full-time income range, where raises continue to grow gross salary but generally produce smaller net-pay gains compared to lower income levels.
Why your paycheque changes during the year
Your January paycheque will probably feel smaller than December — that’s normal. CPP and EI limits reset at the start of the year, so your first few paycheques get hit with fresh deductions.
At $60,000, you won’t see your take-home jump mid-year like higher earners do when they max out CPP or EI. You pay both all 12 months, so your paycheques stay pretty consistent once January’s over.
Any fluctuations you do see are more likely from overtime, bonuses, or changes to your benefits — not from hitting contribution caps.
How $60,000 compares to nearby salaries
vs. $55,000 ($42,876 take-home):
The $60,000 salary gets you an extra $3,368 per year, or about $281 more per month. Of that $5,000 raise, you keep roughly 67% after taxes and deductions — marginal tax rates start taking a bigger bite as you move up.
vs. $65,000:
Jumping to $65,000 would add roughly another $3,138 per year, with similar marginal tax treatment on the additional income.
At all these salary levels, CPP and EI work the same way — they come off every paycheque all year. The difference is just in how much income tax gets withheld.
Get your personalized take-home estimate with the Ontario salary calculator — adjust for bonuses, benefits, and deductions in seconds.
FAQs
Is $60,000 a good salary in Ontario?
It depends where you live. $60,000 goes a lot further in Sudbury or Kingston than it does in Toronto. In smaller cities or if you’re splitting housing costs, you’ll be comfortable with room to save. In the GTA or Ottawa with high rent and transit costs? You’ll need to budget more carefully.
This salary sits close to the Ontario median, so it’s better than entry-level pay but not unlimited flexibility. For singles or couples without kids, $60,000 supports a stable lifestyle. Families with children in urban areas might find it tighter.
How accurate is this estimate?
It assumes standard tax credits, no special deductions, and steady employment throughout the year. Your actual take-home can differ based on RRSP contributions, employer benefits, bonuses, or other payroll deductions.