Actuaries Salary

Yes — at the median salary of $119K, rent takes 22.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,730/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new actuaries typically earn — is $78K/year. Take-home on that works out to about $4,703/month. At HUD’s $1,730/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.

Pay here is roughly in line with the national average — $119K locally vs. $130K nationally, a 8% difference.

Nashville-Davidson--Murfreesboro--Franklin pays $119K median vs. the U.S. average of $130K — that’s -8%. After adjusting for local cost of living (RPP 96.34), the purchasing-power equivalent is $124K — below the national median.

The median is $119,090 a year, that works out to about $57 an hour. But the range is wide: entry-level workers start around $78,390, and experienced actuaries can clear $440,260. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $7,679/month after taxes. A 2-bedroom here rents for about $1,730/month, which eats 22.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Nashville-Davidson--Murfreesboro--Franklin has a Regional Price Parity of 96.34 (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 $123,614 in national-average purchasing power.

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.