Actuaries Salary
The median pay for a actuaries in Colorado is $120,440/year ($57.91/hour), per BLS data. The range runs from $79K at the entry level to $184K for experienced workers. Adjusted for local prices (RPP 103.71), that's roughly $116,132 in purchasing power. Rent on a 2-bedroom averages $1,832/month, or 24.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Colorado. Jump to a metro for precise data:
Where the paycheck goes
What $120K actually covers in Colorado, month by month
About actuaries
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What this looks like in Colorado
Actuaries pay in Colorado tracks closely to the national median, $120K locally vs. $130K nationwide, a 7% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,832/month, 25% of take-home, well inside the 30% guideline. Cost of living (RPP 103.71) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Colorado
Entry-level actuaries (10th percentile) start around $79K. Mid-career wages sit at $120K. Top earners bring in $184K or more, a $105K spread from bottom to top.
Actuaries salary by metro in Colorado
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Denver-Aurora-Centennial | $120K | +0% | 400 |
| Colorado Springs | $114K | -6% | 50 |
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Track actuaries salary changes
BLS updates this data annually. We'll email you when Colorado numbers change.
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Quick answers
The stuff people actually ask about this job
Can a actuary afford a 2BR apartment alone in Colorado?
Yes — at the median salary of $120K, rent takes 25% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,832/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for actuaries in Colorado?
The 10th-percentile wage — what new actuaries typically earn — is $79K/year. Take-home on that works out to about $5,019/month. At HUD’s $1,832/month FMR, rent would take 37% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is actuary a high-paying job in Colorado?
Pay here is roughly in line with the national average — $120K locally vs. $130K nationally, a 7% difference.
How does Colorado compare to the national average for actuaries?
Colorado pays $120K median vs. the U.S. average of $130K — that’s -7%. After adjusting for local cost of living (RPP 103.71), the purchasing-power equivalent is $116K — below the national median.
How much do actuaries make in Colorado?
The median is $120,440 a year, that works out to about $58 an hour. But the range is wide: entry-level workers start around $78,610, and experienced actuaries can clear $183,540. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $120K enough to live in Colorado?
On that salary, you'd take home roughly $7,315/month after taxes. A 2-bedroom here rents for about $1,832/month, which eats 25% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a actuaries salary go in Colorado?
Colorado has a Regional Price Parity of 103.71 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median actuaries salary is worth about $116,132 in national-average purchasing power.
Where do actuaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.