Actuary Salary in Minneapolis
2026 compensation data for Actuary positions in Minneapolis, MN. Ranges from $66,000 (entry-level) to $204,000 (senior). Median: $117,000.
Median (Mid)
$117,000
$56.25/hr
vs National
-2%
US: $120,000
COL Index
108
vs US avg = 100
Senior Max
$204,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $66,000 | $78,000 | $92,000 | $37.5/hr |
| Mid-Level (3–5 yrs) | $97,000 | $117,000 | $138,000 | $56.25/hr |
| Senior (6+ yrs) | $143,000 | $171,000 | $204,000 | $82.21/hr |
What Your Salary Is Really Worth in Minneapolis
A mid-level actuary earning $117,000 in Minneapolis has the same buying power as $108,000 in an average US city, after adjusting for the local cost of living (COL index 108).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Actuary Salaries in Minneapolis
The median actuary salary in Minneapolis, MN is $117,000 for mid-level professionals, which is 2% below the national median. With a cost of living index of 108 (national average = 100), Minneapolis offers a moderate cost of living with competitive salaries.
Entry-level actuarys in Minneapolis can expect to earn between $66,000 and $92,000 (about $37.5/hour), while senior professionals with 6+ years of experience earn up to $204,000 ($204K annually, or about $98.08/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Minneapolis.
Frequently Asked Questions: Actuary Salary in Minneapolis
What is the average Actuary salary in Minneapolis?+
The average Actuary salary in Minneapolis is $117,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $78,000 and senior-level pay reaches $171,000.
How much does an entry-level actuary make in Minneapolis?+
Entry-level actuarys in Minneapolis earn between $66,000 and $92,000, with a median of $78,000 per year (about $37.5/hour).
What is the hourly rate for a Actuary in Minneapolis?+
Based on a 2,080-hour work year, a Actuary in Minneapolis earns roughly $37.5/hour at entry-level, $56.25/hour at mid-level, and $82.21/hour at senior-level.
Is the Actuary salary in Minneapolis higher than the US average?+
Actuary salaries in Minneapolis are about 2% below the US national median. The lower cost of living often makes take-home buying power competitive.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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