Cybersecurity Analyst Salary in Canada: What You Need to Know
Cybersecurity Analysts in Canada earn an estimated $68,801 USD per year, which is approximately C$93,569 CAD at current exchange rates. This places Canada at #14 out of 42 countries in our global salary ranking for this occupation.
Compared to the United States, where Cybersecurity Analysts earn an estimated $120,000 USD per year, the salary in Canada is 43% lower. This difference reflects variations in local economies, cost of living, labor market conditions, and industry demand for Cybersecurity Analysts in Canada.
Purchasing Power and Cost of Living
While nominal salary figures provide a useful starting point, they don't tell the full story. When adjusted for purchasing power parity (PPP), the salary for a Cybersecurity Analyst in Canada is equivalent to $100,837 USD. This means that after accounting for differences in the cost of goods and services, the real buying power of this salary is actually higher than the nominal figure suggests, indicating a relatively lower cost of living in Canada.
To put this in more tangible terms, using The Economist's Big Mac Index as an informal measure of purchasing power, a Cybersecurity Analyst's annual salary in Canada could buy approximately 12,532 Big Macs per year. This everyday comparison helps illustrate the real-world purchasing power of this salary beyond abstract currency conversions.
How Canada Compares Globally
Among the 42 countries we track, a Cybersecurity Analyst in Canada earns more than 69% of Cybersecurity Analysts worldwide. The highest-paying country for this role is United States at $99,600 USD, while the lowest is India at $11,064 USD.
These estimates are derived from publicly available data from the U.S. Bureau of Labor Statistics (BLS), OECD average wages, World Bank purchasing power parity factors, and The Economist's Big Mac Index. The salary for each country is calculated by adjusting the U.S. baseline salary using country-specific wage ratios and sector multipliers. While these figures provide a useful benchmark, actual salaries can vary significantly based on experience level, company size, specific city or region, education, and industry sector.