How does a Actuary's salary in Albany compare to the rest of New York?

Albany's cost of living index is 95 vs. the national average of 100, so salaries are adjusted downward accordingly. A Actuary earning the city-adjusted median of $114,000 earns $47,200 more than the median household income in Albany ($66,800).

Actuary Salary in Albany, NY — 2026 Guide

Estimated salaries are adjusted for Albany's cost of living (index: 95). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Albany — Key Numbers

$114,000

Median Salary

$83,629

25th Percentile

$155,154

75th Percentile

$203,205

90th Percentile

National median (Actuary)$120,000

vs. National median-5.0%

Albany median household income$66,800

vs. City household income+70.7%

Cost of Living in Albany

Cost of Living Index

95(100 = avg)

Median Monthly Rent$1,200/mo

Rent-to-Income Ratio12.6%

Annual rent cost$14,400

Median Home Price$275,000

Home Price / Salary2.4×

20% Down Payment$55,000

Years to save (20% rate)2.4 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.

Job Market in Albany

3.5%

Unemployment Rate

905,000

Metro Population

24 min

Avg Commute

38.4

Median Age

Albany has a metro population of 905,000, offering a sizeable job market with strong opportunities across key sectors. The 3.5% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Financial Calculators for Albany

💰

Take-Home Pay Calculator

See your net pay on $114,000/yr

⏱️

Salary to Hourly

Convert $114,000/yr to hourly rate

🏙️

Cost of Living — Albany

Compare Albany to other cities

🏠

Rent vs. Buy in Albany

Is buying worth it on your salary?

📊

Budget Planner

Plan your budget in Albany

🗺️

Actuary Salary in New York

Statewide salary breakdown

Other Professions in Albany

Physician$217,835 Chief Executive Officer$199,500 Dentist$166,735 IT Manager$161,035 Marketing Manager$149,739 Lawyer$138,472

Actuary Salary — Other New York Cities

New York, NY$224,400 Buffalo, NY$105,600 Rochester, NY$103,200 Poughkeepsie, NY$144,000 Syracuse, NY$103,200

Frequently Asked Questions

How much does a Actuary make in Albany, NY?

The estimated median salary for a Actuary in Albany is $114,000 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Albany's cost of living index (95). The typical salary range runs from $83,629 (25th percentile) to $155,154 (75th percentile), with top earners reaching $203,205.

Is Albany affordable for a Actuary?

On a $114,000 annual salary, a Actuary in Albany would spend approximately 12.6% of gross monthly income on median rent ($1,200/month). This is well within the 28% affordability threshold, making Albany relatively affordable for this profession. The median home price of $275,000 is 2.4× the annual salary.

How does a Actuary's salary compare to Albany's overall income?

Albany's median household income is $66,800. A Actuary earning the city-adjusted median of $114,000 earns 70.7% more than the typical Albany household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Actuary — National Actuary in New York All Salary Guides

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.