Average Income in Canada 2024: Monthly & Yearly Earnings Explained

Average Income in Canada 2024

Canada’s average income in 2024 ranges from $55,000 to $60,000 annually, influenced by factors like location, industry, and experience. While Alberta leads with the highest wages, sectors like retail and hospitality lag behind. Income disparities persist based on gender and ethnicity, and the cost of living continues to impact the spending power of Canadians across the country.