The average salaries in Canada and Australia for 2023 can be compared as follows:
1. Canada:
Average Salary: The average salary in Canada in 2023 was approximately CAD 68,000 annually.
Cost of Living: The cost of living in Canada varies widely depending on the city, with major cities like Toronto and Vancouver being more expensive.
2. Australia:
Average Salary: In Australia, the average salary in 2023 was around AUD 92,000 annually.
Cost of Living: Similar to Canada, Australia's cost of living is also high in major cities like Sydney and Melbourne.
Exchange Rate Consideration:
1 CAD ≈ 1.14 AUD (as of 2023)
When converted, CAD 68,000 is approximately AUD 77,520.
Comparison:
Australia's average salary (AUD 92,000) is higher than Canada's average salary when converted to AUD (AUD 77,520).
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