2026 Salary Data · Toronto, Canada

Product Designer Salary in Toronto

How much does a Product Designer make in Toronto? Salary data, top employers, and career insights for Product Designers in the Greater Toronto Area area.

$117K
Median Total Comp
-28%
vs National Avg
high
Cost of Living
2,200+
Product Roles

How Much Does a Product Designer Make in Toronto?

Product Designers in Toronto earn a median of $117K in total compensation, 28% below the national average. The cost of living is above average, but Toronto's strength in Fintech creates steady demand for experienced product talent. Salaries range from $98K (25th percentile) to $145K (75th percentile).

Salaries in Toronto are denominated in local currency. The $117K figure is a USD equivalent based on purchasing power parity. University of Toronto and Waterloo provide a top-tier AI talent pipeline.

$86K$158K
P25-P75 Median

AI Specialization Premium in Toronto

Standard Product Designer
$117K
$98K - $145K
AI-Specialized Product Designer
$131K
$110K - $162K

Product Designers with AI/ML experience earn a 12% premium in Toronto. Toronto has a strong AI ecosystem, increasing demand for AI-skilled product talent.

Product Designer Salary by Company Type in Toronto

FAANG / Big Tech
$152K
+30%
Pre-IPO Unicorn
$135K
+15%
Growth Startup (B/C)
$117K
Baseline
Enterprise / Fortune 500
$123K
+5%
Early Startup (Seed/A)
$99K
-15%
Agency / Consulting
$94K
-20%

Top Employers for Product Designers in Toronto

ShopifyWealthsimpleRBCTD BankGoogleAmazonUberSnap

Toronto is Canada's largest tech market and growing rapidly, driven by Shopify and a strong fintech cluster. Salaries are in CAD and typically 25-30% below US equivalents. University of Toronto and Waterloo provide a top-tier AI talent pipeline.

FintechE-commerce / MarketplaceAI / Machine Learning

Other Product Roles in Toronto

Chief Product Officer
15+ years
$346K
+196%
VP of Product
12+ years
$292K
+150%
Director of Product
10-15 years
$266K
+127%
Staff Product Manager
8-12 years
$227K
+94%
AI Product Manager
3-7 years
$220K
+88%
Platform Product Manager
5-9 years
$198K
+69%

Product Designer Salary in Other Cities

Vancouver, Canada
high cost of living
$114K
-3%
New York City, NY
very-high cost of living
$187K
+60%
Boston, MA
high cost of living
$171K
+46%
London, United Kingdom
very-high cost of living
$130K
+11%
San Francisco, CA
very-high cost of living
$196K
+68%
San Jose, CA
very-high cost of living
$192K
+64%
Seattle, WA
high cost of living
$183K
+56%

Frequently Asked Questions

How much does a Product Designer make in Toronto?+
The median total compensation for a Product Designer in Toronto is $117K, with the 25th to 75th percentile range spanning $98K to $145K. This is 28% below the national average of $163K.
What companies hire Product Designers in Toronto?+
Top employers for Product Designers in Toronto include Shopify, Wealthsimple, RBC, TD Bank, Google. Toronto is Canada's largest tech market and growing rapidly, driven by Shopify and a strong fintech cluster.
Is Toronto a good city for Product Designers?+
Toronto has a very-strong product job market with approximately 2,200+ open product roles. The cost of living is high. Strong industries include Fintech, E-commerce / Marketplace, AI / Machine Learning.
How does Product Designer salary in Toronto compare to other cities?+
Toronto pays 28% below the national average for Product Designers. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Vancouver, New York City, Boston, London.
Do Product Designers in Toronto earn more with AI experience?+
Yes. The AI specialization premium for Product Designers in Toronto is 12%, bringing the median from $117K to $131K. Toronto has a strong AI ecosystem, which increases demand for AI-skilled PMs.
View National Product Designer SalaryFull PM Salary ExplorerCareer Path Finder