How does a Actuary's salary in Billings compare to the rest of Montana?

Billings's cost of living index is 96 vs. the national average of 100, so salaries are adjusted downward accordingly. A Actuary earning the city-adjusted median of $115,200 earns $52,800 more than the median household income in Billings ($62,400).

Actuary Salary in Billings, MT — 2026 Guide

Estimated salaries are adjusted for Billings's cost of living (index: 96). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Billings — Key Numbers

$115,200

Median Salary

$84,509

25th Percentile

$156,787

75th Percentile

$205,344

90th Percentile

National median (Actuary)$120,000

vs. National median-4.0%

Billings median household income$62,400

vs. City household income+84.6%

Cost of Living in Billings

Cost of Living Index

96(100 = avg)

Median Monthly Rent$1,150/mo

Rent-to-Income Ratio12.0%

Annual rent cost$13,800

Median Home Price$335,000

Home Price / Salary2.9×

20% Down Payment$67,000

Years to save (20% rate)2.9 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 Billings

3.0%

Unemployment Rate

185,000

Metro Population

17 min

Avg Commute

36.6

Median Age

Billings has a metro population of 185,000, offering a growing job market with opportunities especially in established local industries. The 3.0% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Financial Calculators for Billings

💰

Take-Home Pay Calculator

See your net pay on $115,200/yr

⏱️

Salary to Hourly

Convert $115,200/yr to hourly rate

🏙️

Cost of Living — Billings

Compare Billings to other cities

🏠

Rent vs. Buy in Billings

Is buying worth it on your salary?

📊

Budget Planner

Plan your budget in Billings

🗺️

Actuary Salary in Montana

Statewide salary breakdown

Other Professions in Billings

Physician$220,128 Chief Executive Officer$201,600 Dentist$168,490 IT Manager$162,730 Marketing Manager$151,315 Lawyer$139,930

Frequently Asked Questions

How much does a Actuary make in Billings, MT?

The estimated median salary for a Actuary in Billings is $115,200 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Billings's cost of living index (96). The typical salary range runs from $84,509 (25th percentile) to $156,787 (75th percentile), with top earners reaching $205,344.

Is Billings affordable for a Actuary?

On a $115,200 annual salary, a Actuary in Billings would spend approximately 12.0% of gross monthly income on median rent ($1,150/month). This is well within the 28% affordability threshold, making Billings relatively affordable for this profession. The median home price of $335,000 is 2.9× the annual salary.

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

Billings's median household income is $62,400. A Actuary earning the city-adjusted median of $115,200 earns 84.6% more than the typical Billings household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Actuary — National Actuary in Montana 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.