Actuaries Salary
The median pay for a actuaries in Ohio is $110,980/year ($53.36/hour), per BLS data. The range runs from $77K at the entry level to $175K for experienced workers. Cost of living is below average (RPP 91.45), which stretches that salary to about $121,356 in buying power. Rent on a 2-bedroom averages $1,188/month, or 16.9% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Ohio. Jump to a metro for precise data:
So what does $111K get you in Ohio?
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What this looks like in Ohio
Pay for actuaries in Ohio runs about 15% below the U.S. median of $130K. Housing is manageable: a 2-bedroom at the HUD median costs $1,188/month, 17% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.45 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Ohio can be a reasonable trade-off for actuariess who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Ohio
Entry-level actuaries (10th percentile) start around $77K. Mid-career wages sit at $111K. Top earners bring in $175K or more, a $98K spread from bottom to top.
Actuaries salary by metro in Ohio
4 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Akron | $117K | +6% | 50 |
| Cincinnati | $109K | -2% | 340 |
| Columbus | $107K | -4% | 300 |
| Cleveland | $105K | -6% | 180 |
Compare to other states
Track actuaries salary changes
BLS updates this data quarterly. We'll email you when Ohio numbers change.
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Frequently asked questions
Can a actuary afford a 2BR apartment alone in Ohio?
Yes — at the median salary of $111K, rent takes 17% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,188/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for actuaries in Ohio?
The 10th-percentile wage — what new actuaries typically earn — is $77K/year. Take-home on that works out to about $4,627/month. At HUD’s $1,188/month FMR, rent would take 26% of that take-home — manageable on an entry-level income.
Is actuary a high-paying job in Ohio?
Local pay runs 15% below the national median — $111K here vs. $130K nationally. Cost of living is 9% below the national average, which narrows that gap in real purchasing power.
How does Ohio compare to the national average for actuaries?
Ohio pays $111K median vs. the U.S. average of $130K — that’s -15%. After adjusting for local cost of living (RPP 91.45), the purchasing-power equivalent is $121K — below the national median.
How much do actuaries make in Ohio?
The median is $110,980 a year, that works out to about $53 an hour. But the range is wide: entry-level workers start around $77,110, and experienced actuaries can clear $175,190. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $111K enough to live in Ohio?
On that salary, you'd take home roughly $7,000/month after taxes. A 2-bedroom here rents for about $1,188/month, which eats 17% 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 Ohio?
Ohio has a Regional Price Parity of 91.45 (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 $121,356 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.