Actuaries Salary
The median pay for a actuaries in New York-Newark-Jersey City, NY-NJ is $161,460/year ($77.63/hour), per BLS data. The range runs from $91K at the entry level to $276K for experienced workers. Prices run high here (RPP 112.56), so that salary is closer to $143,443 in real purchasing power. A 2-bedroom apartment runs $2,910/month, about 30.5% of take-home, which is tight.
So what does $161K get you in New York-Newark-Jersey City?
Groceries, utilities, transportation, and healthcare scaled from national averages by New York-Newark-Jersey City’s Regional Price Parity (112.56). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About actuaries
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What this looks like in New York-Newark-Jersey City
New York-Newark-Jersey City sits well above the national pay line for actuaries, local pay runs about 24% higher than the U.S. median of $130K. Rent runs $2,910/month for a 2-bedroom (HUD FMR), taking 31% of the median take-home. That's within the 30% rule, though not by much. Cost-of-living overall is 13% above the national average (BEA RPP 112.56), so groceries and services cost more too. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for actuaries in metros near New York-Newark-Jersey City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Syracuse | $101K | $106K |
| Buffalo-Cheektowaga | $110K | $115K |
| Rochester | $130K | $134K |
| Boston-Cambridge-Newton | $130K | $120K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, New York-Newark-Jersey City, NY-NJ
Entry-level actuaries (10th percentile) start around $91K. Mid-career wages sit at $161K. Top earners bring in $276K or more, a $186K spread from bottom to top.
Actuaries pay across states
Median income ranked highest to lowest, compared to the national figure
View Actuaries salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Connecticut | $167K | +28% | 1,380 |
| District of Columbia | $166K | +28% | 160 |
| New York | $156K | +20% | 2,630 |
| New Jersey | $143K | +10% | 1,260 |
| Alabama | $137K | +5% | 190 |
| Arizona | $136K | +5% | 200 |
| Washington | $135K | +4% | 360 |
| Utah | $133K | +2% | 180 |
| Nevada | $132K | +2% | 120 |
| Florida | $132K | +2% | 1,300 |
| Virginia | $132K | +1% | 440 |
| Wisconsin | $132K | +1% | 890 |
| California | $131K | +0% | 1,280 |
| Oregon | $130K | +0% | 210 |
| Missouri | $129K | -1% | 390 |
| North Carolina | $129K | -1% | 610 |
| Iowa | $129K | -1% | 530 |
| Minnesota | $128K | -1% | 1,170 |
| Maryland | $127K | -2% | 580 |
| Massachusetts | $126K | -3% | N/A |
| Pennsylvania | $125K | -4% | 1,710 |
| Kansas | $125K | -4% | 180 |
| Colorado | $120K | -7% | 500 |
| Kentucky | $120K | -7% | 70 |
| Maine | $120K | -8% | 80 |
| Illinois | $115K | -11% | 2,280 |
| Rhode Island | $111K | -15% | 100 |
| Ohio | $111K | -15% | 1,090 |
| Oklahoma | $110K | -16% | 70 |
| Tennessee | $109K | -16% | 300 |
| Mississippi | $106K | -18% | 40 |
| Texas | $105K | -19% | 1,750 |
| Nebraska | $103K | -21% | 270 |
| Indiana | $101K | -23% | 780 |
| Michigan | $101K | -23% | 570 |
| Louisiana | $81K | -38% | 40 |
Showing 1–10 of 36 states with published data
BLS does not publish data for every state when sample sizes are too small
Track actuaries salary changes
BLS updates this data quarterly. We'll email you when New York-Newark-Jersey City numbers change.
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Frequently asked questions
Can a actuary afford a 2BR apartment alone in New York-Newark-Jersey City?
It’s a stretch — at the median salary of $161K, rent takes 31% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,910/month. The 30% guideline puts the comfortable ceiling at roughly $2,800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for actuaries in New York-Newark-Jersey City?
The 10th-percentile wage — what new actuaries typically earn — is $91K/year. Take-home on that works out to about $5,435/month. At HUD’s $2,910/month FMR, rent would take 54% 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 New York-Newark-Jersey City?
Local pay is 24% above the national median — $161K here vs. $130K nationally. Keep in mind cost of living here is 13% above the national average, which offsets some of that premium.
How does New York-Newark-Jersey City compare to the national average for actuaries?
New York-Newark-Jersey City pays $161K median vs. the U.S. average of $130K — that’s +24%. After adjusting for local cost of living (RPP 112.56), the purchasing-power equivalent is $143K — still ahead of the national median.
How much do actuaries make in New York-Newark-Jersey City, NY-NJ?
The median is $161,460 a year, that works out to about $78 an hour. But the range is wide: entry-level workers start around $90,590, and experienced actuaries can clear $276,250. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $161K enough to live in New York-Newark-Jersey City?
On that salary, you'd take home roughly $9,373/month after taxes. A 2-bedroom here rents for about $2,910/month, which eats 31% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a actuaries salary go in New York-Newark-Jersey City?
New York-Newark-Jersey City has a Regional Price Parity of 112.56 (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 $143,443 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.