Actuaries Salary in Springfield, MA
The median pay for a actuaries in Springfield, MA is $92,730/year ($44.58/hour), per BLS data. The range runs from $76K at the entry level to $158K for experienced workers. Adjusted for local prices (RPP 96.06), that's roughly $96,533 in purchasing power. Rent on a 2-bedroom averages $1,734/month, or 29.6% of estimated take-home pay.
So what does $93K get you in Springfield?
Groceries, utilities, transportation, and healthcare scaled from national averages by Springfield’s Regional Price Parity (96.06). 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
Sponsored links — AffordMap may earn a commission at no cost to you. Learn more
Compensation breakdown
Annual earnings by percentile, Springfield, MA
Entry-level actuaries (10th percentile) start around $76K. Mid-career wages sit at $93K. Top earners bring in $158K or more, a $82K spread from bottom to top.
Actuaries pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $153K | +22% | 200 |
| Washington | $153K | +22% | 250 |
| Connecticut | $148K | +18% | 1,190 |
| Alabama | $143K | +14% | N/A |
| New Jersey | $137K | +9% | 1,280 |
| Virginia | $136K | +8% | 690 |
| New York | $134K | +6% | 3,090 |
| Maine | $133K | +6% | 90 |
| Maryland | $133K | +6% | 610 |
| Nevada | $132K | +5% | 140 |
| Iowa | $130K | +3% | 650 |
| North Carolina | $130K | +3% | 600 |
| Oregon | $129K | +3% | 170 |
| Utah | $129K | +2% | 320 |
| Kansas | $126K | -0% | 310 |
| California | $124K | -1% | 1,320 |
| Arizona | $124K | -1% | 170 |
| Florida | $123K | -2% | 1,740 |
| Massachusetts | $122K | -3% | 1,530 |
| Wisconsin | $122K | -3% | 930 |
| Illinois | $122K | -3% | 2,120 |
| Oklahoma | $122K | -3% | 30 |
| Kentucky | $121K | -4% | 100 |
| Missouri | $119K | -5% | 340 |
| Tennessee | $118K | -6% | 450 |
| Ohio | $116K | -8% | 1,340 |
| Idaho | $110K | -13% | 40 |
| Minnesota | $109K | -13% | 830 |
| Rhode Island | $109K | -13% | 120 |
| Hawaii | $108K | -14% | 40 |
| Pennsylvania | $108K | -15% | 1,980 |
| Michigan | $106K | -16% | 360 |
| South Carolina | $101K | -20% | 100 |
| Nebraska | $100K | -20% | 300 |
| Texas | $100K | -20% | 1,800 |
| Indiana | $98K | -22% | 1,060 |
| Mississippi | $97K | -23% | 30 |
| Louisiana | $83K | -34% | 70 |
Showing 1–10 of 38 states
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 Springfield numbers change.
Related careers in Technology
Frequently asked questions
How much do actuaries make in Springfield, MA?
The median is $92,730 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $76,160, and experienced actuaries can clear $158,430. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $93K enough to live in Springfield?
On that salary, you'd take home roughly $5,749/month after taxes. A 2-bedroom here rents for about $1,734/month, which eats 30.2% 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 Springfield?
Springfield has a Regional Price Parity of 96.06 (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 $96,533 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.