Product Manager salary: Toronto vs New York
Toronto salaries trail NYC by 25-40% in CAD - cross-border remote work has narrowed that gap significantly since 2022.
Product Manager median · Toronto
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CA · live Adzuna
Product Manager median · New York
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US · live Adzuna
Toronto market
Toronto is Canada's largest tech and financial services market, with a strong concentration of US tech satellite offices (Google, Stripe, Shopify HQ). Salaries are quoted in CAD and trail US equivalents by 25-40% - but the market for cross-border remote work has narrowed that gap rapidly since 2022.
New York market
New York pays the highest US tech salaries outside the Bay Area, with finance and AI commanding a sharp premium. Total comp is concentrated in cash; equity refresh culture is less aggressive than the West Coast.
Product Manager salary in Toronto (full report)
Percentiles, contract day rate, side-income context.
Product Manager salary in New York (full report)
Percentiles, contract day rate, side-income context.
Where do you sit on this benchmark?
Hustle Report pulls live medians for your role and postcode every Monday - plus matched side-hustle briefs to close any gap your benchmark exposes.
Compare other cities
More Product Manager salary comparisons
Same cities, different role
FAQ
Toronto vs New York · FAQ
Does New York actually pay more than Toronto for Product Managers?
Live medians fluctuate week to week — see the cards above for the latest figures. But headline pay is only half the picture: cost of living, tax band, equity culture and remote norms can swing real take-home parity by 15-30% in either direction.
How is the GBP-equivalent calculated?
We pull each city's local-currency median from Adzuna in its native currency, then convert at the most recent monthly average from our currency reference. We refresh weekly and don't smooth, so a sharp FX move can shift the comparison.
What's the catch with comparing Product Manager salaries across countries?
Tax is the biggest one. After income tax, payroll/social contributions and (in the US) state tax, headline gaps often shrink. Equity is also undercounted: Product Managers in the US frequently take 20-40% of total comp in RSUs, which Adzuna doesn't see.
Should I relocate based on this Toronto vs New York comparison?
Almost never on salary alone. Cost of housing, healthcare and visa friction usually dominate the decision. Use this page to set negotiation anchors and to understand whether your current pay is regionally competitive — the Hustle Report Monday brief makes that personal to your CV and postcode.
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