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Actuary Salary in Springfield, MO β€” 2026 Guide

Estimated salaries are adjusted for Springfield's cost of living (index: 83). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Springfield β€” Key Numbers

$99,600
Median Salary
$73,065
25th Percentile
$135,556
75th Percentile
$177,537
90th Percentile
National median (Actuary)$120,000
vs. National median-17.0%
Springfield median household income$50,800
vs. City household income+96.1%

Cost of Living in Springfield

Cost of Living Index
83(100 = avg)
Median Monthly Rent$875/mo
Rent-to-Income Ratio10.5%
Annual rent cost$10,500
Median Home Price$185,000
Home Price / Salary1.9Γ—
20% Down Payment$37,000
Years to save (20% rate)1.9 yrs

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

Job Market in Springfield

3.7%
Unemployment Rate
490,000
Metro Population
20 min
Avg Commute
33.4
Median Age

Springfield has a metro population of 490,000, offering a growing job market with opportunities especially in established local industries. The 3.7% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Actuary Salary β€” Other Missouri Cities

Frequently Asked Questions

How much does a Actuary make in Springfield, MO?

The estimated median salary for a Actuary in Springfield is $99,600 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Springfield's cost of living index (83). The typical salary range runs from $73,065 (25th percentile) to $135,556 (75th percentile), with top earners reaching $177,537.

Is Springfield affordable for a Actuary?

On a $99,600 annual salary, a Actuary in Springfield would spend approximately 10.5% of gross monthly income on median rent ($875/month). This is well within the 28% affordability threshold, making Springfield relatively affordable for this profession. The median home price of $185,000 is 1.9Γ— the annual salary.

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

Springfield's median household income is $50,800. A Actuary earning the city-adjusted median of $99,600 earns 96.1% more than the typical Springfield household β€” placing them solidly in the middle-to-upper income tier for the city.

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.