Actuary Salary in Centennial, CO
How much does a actuary make in Centennial? Explore median, entry-level, and senior salaries adjusted for Centennial's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in Centennial.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $63,146 | $105,243 | $142,078 |
| Monthly | $5,262 | $8,770 | $11,840 |
| Biweekly | $2,429 | $4,048 | $5,465 |
| Weekly | $1,214 | $2,024 | $2,732 |
| Hourly | $30 | $51 | $68 |
Centennial vs National Average
How Centennial's actuary salaries compare to national figures.
Cost of Living in Centennial
About Actuary
Overview
Analyze insurance and financial risks using statistical and mathematical methods.
Education
Bachelor's degree in Actuarial Science, Mathematics, or related field
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
Compare Cities: Actuary Salary
See Actuary salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a actuary salary in Centennial.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Centennial.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Centennial.
Actuary Salary in Centennial, CO — Complete Guide
Median Salary Overview
The median salary for a actuary in Centennial, CO is $105,243 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Centennial's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in Centennial can expect to earn around $63,146 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $142,078 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
Centennial's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Centennial are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,440, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a actuary's salary in Centennial typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 17.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Actuarys are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Centennial, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.