Actuary Salary in Massachusetts
Median annual pay in Massachusetts
$126,040
$60.60/hour
BLS OEWS, May 2025
Adjusted for cost of living in Massachusetts
$119,179
Regional Price Parity: 105.757 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($130,000): −$3,960 (−3.0%)
Massachusetts ranks 20th of 36 states by median pay, and 26th of 36 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $83,660 | $40.22 |
| 25th percentile | $97,860 | $47.05 |
| Median | $126,040 | $60.60 |
| 75th percentile | $165,040 | $79.35 |
| 90th percentile | $179,750 | $86.42 |
Employment
- Employment in Massachusetts
- Not published
BLS does not publish this figure for Massachusetts.
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Comparison
Compared with the U.S.
- Median annual pay in Massachusetts
- $126,040
- Median annual pay in the U.S.
- $130,000
- Difference
- −$3,960 (−3.0%)
Cost of living
$126,040 ÷ 105.757 × 100 = $119,179
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Minnesota | ||
| 18th | $128,100 | $129,891 16th |
| Maryland | ||
| 19th | $126,950 | $120,952 24th |
| Massachusetts This page | ||
| 20th | $126,040 | $119,179 26th |
| Pennsylvania | ||
| 21st | $125,040 | $128,152 17th |
| Kansas | ||
| 22nd | $125,010 | $138,795 8th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Financial Risk Specialist salary in the U.S.
$117,330/year U.S.
- Accountant and Auditor salary in Massachusetts
$99,460/year Massachusetts
- Economist salary in the U.S.
$124,720/year U.S.
- Insurance Underwriter salary in the U.S.
$81,370/year U.S.
- Statistical Assistant salary in the U.S.
$50,330/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +9.2%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Actuary salary in nearby places
- Actuary salary in Connecticut
$166,800/year Connecticut
- Actuary salary in New York
$156,480/year New York
- Actuary salary in Rhode Island
$111,090/year Rhode Island
- Actuary salary in the U.S.
$130,000/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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