Actuary Salary in Minnesota
Median annual pay in Minnesota
$128,100
$61.59/hour
BLS OEWS, May 2025
Adjusted for cost of living in Minnesota
$129,891
Regional Price Parity: 98.621 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($130,000): −$1,900 (−1.5%)
Minnesota ranks 18th of 36 states by median pay, and 16th of 36 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $79,920 | $38.42 |
| 25th percentile | $98,340 | $47.28 |
| Median | $128,100 | $61.59 |
| 75th percentile | $165,970 | $79.79 |
| 90th percentile | $223,300 | $107.36 |
Employment
- Employment in Minnesota
- 1,170
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Comparison
Compared with the U.S.
- Median annual pay in Minnesota
- $128,100
- Median annual pay in the U.S.
- $130,000
- Difference
- −$1,900 (−1.5%)
Cost of living
$128,100 ÷ 98.621 × 100 = $129,891
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| North Carolina | ||
| 16th | $128,730 | $136,474 9th |
| Iowa | ||
| 17th | $128,690 | $146,635 4th |
| Minnesota This page | ||
| 18th | $128,100 | $129,891 16th |
| Maryland | ||
| 19th | $126,950 | $120,952 24th |
| Massachusetts | ||
| 20th | $126,040 | $119,179 26th |
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 Minnesota
$81,600/year Minnesota
- 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 Iowa
$128,690/year Iowa
- Actuary salary in Michigan
$100,640/year Michigan
- Actuary salary in Wisconsin
$131,640/year Wisconsin
- 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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