Salaries/Actuary/Philadelphia

Actuary Salary in Philadelphia

2026 compensation data for Actuary positions in Philadelphia, PA. 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

110

vs US avg = 100

Senior Max

$204,000

Top of band

Salary Ranges by Experience Level

Entry-Level (0–2 years)$66,000$92,000
$66KMedian: $78,000$92K
Mid-Level (3–5 years)$97,000$138,000
$97KMedian: $117,000$138K
Senior (6+ years)$143,000$204,000
$143KMedian: $171,000$204K

Detailed Compensation Breakdown

LevelAnnual MinAnnual MedianAnnual MaxHourly (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 Philadelphia

A mid-level actuary earning $117,000 in Philadelphia has the same buying power as $106,000 in an average US city, after adjusting for the local cost of living (COL index 110).

Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.

About Actuary Salaries in Philadelphia

The median actuary salary in Philadelphia, PA is $117,000 for mid-level professionals, which is 2% below the national median. With a cost of living index of 110 (national average = 100), Philadelphia offers a moderate cost of living with competitive salaries.

Entry-level actuarys in Philadelphia 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 Philadelphia.

Frequently Asked Questions: Actuary Salary in Philadelphia

What is the average Actuary salary in Philadelphia?+

The average Actuary salary in Philadelphia 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 Philadelphia?+

Entry-level actuarys in Philadelphia 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 Philadelphia?+

Based on a 2,080-hour work year, a Actuary in Philadelphia 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 Philadelphia higher than the US average?+

Actuary salaries in Philadelphia 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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