Actuary Salary in Springfield, MA — 2026 Guide
Estimated salaries are adjusted for Springfield's cost of living (index: 98). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Actuary Salary in Springfield — Key Numbers
Cost of Living in Springfield
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 Springfield
Springfield has a metro population of 700,000, offering a sizeable job market with strong opportunities across key sectors. The 4.8% unemployment rate is near the national average.
Financial Calculators for Springfield
Other Professions in Springfield
Actuary Salary — Other Massachusetts Cities
Frequently Asked Questions
How much does a Actuary make in Springfield, MA?
The estimated median salary for a Actuary in Springfield is $117,600 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Springfield's cost of living index (98). The typical salary range runs from $86,269 (25th percentile) to $160,054 (75th percentile), with top earners reaching $209,622.
Is Springfield affordable for a Actuary?
On a $117,600 annual salary, a Actuary in Springfield would spend approximately 11.7% of gross monthly income on median rent ($1,150/month). This is well within the 28% affordability threshold, making Springfield relatively affordable for this profession. The median home price of $275,000 is 2.3× the annual salary.
How does a Actuary's salary compare to Springfield's overall income?
Springfield's median household income is $54,200. A Actuary earning the city-adjusted median of $117,600 earns 117.0% more than the typical Springfield household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
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.