How does a Actuary's salary in Philadelphia compare to the rest of Pennsylvania?

Philadelphia's cost of living index is 101 vs. the national average of 100, so salaries are adjusted upward accordingly. A Actuary earning the city-adjusted median of $121,200 earns $66,400 more than the median household income in Philadelphia ($54,800).

Actuary Salary in Philadelphia, PA — 2026 Guide

Estimated salaries are adjusted for Philadelphia's cost of living (index: 101). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Philadelphia — Key Numbers

$121,200

Median Salary

$88,910

25th Percentile

$164,953

75th Percentile

$216,039

90th Percentile

National median (Actuary)$120,000

vs. National median+1.0%

Philadelphia median household income$54,800

vs. City household income+121.2%

Cost of Living in Philadelphia

Cost of Living Index

101(100 = avg)

Median Monthly Rent$1,350/mo

Rent-to-Income Ratio13.4%

Annual rent cost$16,200

Median Home Price$265,000

Home Price / Salary2.2×

20% Down Payment$53,000

Years to save (20% rate)2.2 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 Philadelphia

4.4%

Unemployment Rate

6,250,000

Metro Population

30 min

Avg Commute

34.8

Median Age

Philadelphia has a metro population of 6,250,000, offering a large, diverse job market with many employers across all industries. The 4.4% unemployment rate is near the national average.

Financial Calculators for Philadelphia

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Cost of Living — Philadelphia

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Actuary Salary in Pennsylvania

Statewide salary breakdown

Other Professions in Philadelphia

Physician$231,593 Chief Executive Officer$212,100 Dentist$177,265 IT Manager$171,205 Marketing Manager$159,196 Lawyer$147,218

Actuary Salary — Other Pennsylvania Cities

Pittsburgh, PA$109,200 Allentown, PA$117,600 Harrisburg, PA$109,200 Scranton, PA$102,000 Lancaster, PA$112,800

Frequently Asked Questions

How much does a Actuary make in Philadelphia, PA?

The estimated median salary for a Actuary in Philadelphia is $121,200 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Philadelphia's cost of living index (101). The typical salary range runs from $88,910 (25th percentile) to $164,953 (75th percentile), with top earners reaching $216,039.

Is Philadelphia affordable for a Actuary?

On a $121,200 annual salary, a Actuary in Philadelphia would spend approximately 13.4% of gross monthly income on median rent ($1,350/month). This is well within the 28% affordability threshold, making Philadelphia relatively affordable for this profession. The median home price of $265,000 is 2.2× the annual salary.

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

Philadelphia's median household income is $54,800. A Actuary earning the city-adjusted median of $121,200 earns 121.2% more than the typical Philadelphia household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Actuary — National Actuary in Pennsylvania 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.