Actuary Salary in Los Alamos, NM
How much does a actuary make in Los Alamos? Explore median, entry-level, and senior salaries adjusted for Los Alamos's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in Los Alamos.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $51,709 | $86,181 | $116,344 |
| Monthly | $4,309 | $7,182 | $9,695 |
| Biweekly | $1,989 | $3,315 | $4,475 |
| Weekly | $994 | $1,657 | $2,237 |
| Hourly | $25 | $41 | $56 |
Los Alamos vs National Average
How Los Alamos's actuary salaries compare to national figures.
Cost of Living in Los Alamos
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 Los Alamos.
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 Los Alamos.
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 Los Alamos.
Actuary Salary in Los Alamos, NM — Complete Guide
Median Salary Overview
The median salary for a actuary in Los Alamos, NM is $86,181 per year, adjusted for the local cost of living index of 112. This figure reflects typical earnings for experienced professionals in this role, considering Los Alamos's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in Los Alamos can expect to earn around $51,709 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $116,344 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
Los Alamos's cost of living index of 112 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Los Alamos 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 Los Alamos typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 18.1% 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 Los Alamos, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.