Actuaries Salary
The median pay for a actuaries in Indiana is $100,690/year ($48.41/hour), per BLS data. The range runs from $66K at the entry level to $142K for experienced workers. Cost of living is below average (RPP 91.81), which stretches that salary to about $109,672 in buying power. Rent on a 2-bedroom averages $1,144/month, or 17.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
Where the paycheck goes
What $101K actually covers in Indiana, month by month
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What this looks like in Indiana
Pay for actuaries in Indiana runs about 23% below the U.S. median of $130K. Housing is manageable: a 2-bedroom at the HUD median costs $1,144/month, 18% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.81 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Indiana can be a reasonable trade-off for actuaries who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level actuaries (10th percentile) start around $66K. Mid-career wages sit at $101K. Top earners bring in $142K or more, a $77K spread from bottom to top.
Actuaries salary by metro in Indiana
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Fort Wayne | $128K | +27% | 60 |
| Indianapolis-Carmel-Greenwood | $101K | +0% | 490 |
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BLS updates this data annually. We'll email you when Indiana 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 Indiana?
Yes — at the median salary of $101K, rent takes 18% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for actuaries in Indiana?
The 10th-percentile wage — what new actuaries typically earn — is $66K/year. Take-home on that works out to about $4,383/month. At HUD’s $1,144/month FMR, rent would take 26% of that take-home — manageable on an entry-level income.
Is actuary a high-paying job in Indiana?
Local pay runs 23% below the national median — $101K here vs. $130K nationally. Cost of living is 8% below the national average, which narrows that gap in real purchasing power.
How does Indiana compare to the national average for actuaries?
Indiana pays $101K median vs. the U.S. average of $130K — that’s -23%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $110K — below the national median.
How much do actuaries make in Indiana?
The median is $100,690 a year, that works out to about $48 an hour. But the range is wide: entry-level workers start around $65,690, and experienced actuaries can clear $142,220. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $101K enough to live in Indiana?
On that salary, you'd take home roughly $6,346/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 18% 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 Indiana?
Indiana has a Regional Price Parity of 91.81 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median actuaries salary is worth about $109,672 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.