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Economic Consultant salary in Canada

Average Yearly Salary of Economic Consultant in Canada is approximately 80,707 CAD (80,441 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Economic Consultant do?

occupation personasAn economic consultant is a professional who provides expert advice and analysis on economic issues to businesses, organizations, or governments. They help clients understand and navigate the complexities of the economy, identify opportunities for growth, and mitigate risks. Economic consultants conduct research, collect and analyze data, develop models and forecasts, and provide recommendations based on their findings. They may also assist in policy development, market analysis, cost-benefit analysis, and strategic planning. Their expertise spans various areas such as macroeconomics, microeconomics, finance, statistics, and econometrics. Economic consultants work closely with clients to assess their needs, provide tailored solutions, and communicate their findings effectively.

Skills: economic consultant, economic analysis, business advisory, data analysis, forecasting, policy development
Job industry: Consulting


How much does Economic Consultant make?

Salary details
How much does Economic Consultant make?
Estimated Yearly Salary: 80,707 CAD
Estimated Monthly Salary: 6,726 CAD
Estimated Weekly Salary: 1,552 CAD per week
Estimated Hourly Salary: 39 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 77,931 CAD
Estimated Monthly Salary: 6,494 CAD
Estimated Weekly Salary: 1,499 CAD per week
Estimated Hourly Salary: 37 CAD per hour
Last revision of data: 2024-01-03



Economic Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 80,441 USD
Estimated Monthly Salary: 6,703 USD
Estimated Weekly Salary: 1,547 USD per week
Estimated Hourly Salary: 39 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.

Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Economic Consultant job salary compared to average salary in Canada.
Comparison shows that a person working as Economic Consultant in Canada earns on average:
1.14 times the average salary (or 114% of average salary).

Is Economic Consultant a well paid job?

Yes, our data show that Economic Consultant is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Economic Consultant?

High salary for Economic Consultant would be somewhere between 88,778 CAD and 117,025 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Consultant in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 80,707 CAD
Estimated Monthly Salary: 6,726 CAD
Estimated Weekly Salary: 1,552 CAD per week
Estimated Hourly Salary: 39 CAD per hour
By working as Economic Consultant a person can save up to 4,585 USD per month or 55,020 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Economic Consultant

United States Of America is 87,078 USDup arrow 8%
Details on Economic Consultant salary in United States Of America
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

(552,602 CAD per year, pre-tax.)
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
(419,552 CAD per year, pre-tax.)

Data as of 2025

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economic consultant salary in canada 2025
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The salary estimates on optisalary.com are meant for reference purposes only.
optisalary.com provides salary figures solely for informational use. While we endeavor for correctness, we cannot ensure the validity of all figures. Users should double-check salary details with reliable organizations before making career-related plans. Salary amounts can fluctuate based on numerous factors, such as company size, negotiation tactics, and industry demand. We assume no responsibility for misinterpretations in the salary figures provided. By using optisalary.com, you acknowledge that salary data is not absolute.
optisalary.com provides salary figures exclusively for informational use. While we endeavor for correctness, we cannot guarantee the validity of all figures. Users should verify salary details with reliable sources before making financial plans. Salary amounts may vary based on multiple factors, such as geographic location, experience, and job role. We accept no responsibility for errors in the salary estimates provided. By using this website, you acknowledge that salary data is subject to change.