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Actuaries Salary in Arizona: Cost of Living Adjusted (2024)

What does a Actuaries salary really buy you in Arizona?

Arizona is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$124,000
Median annual (2024)
+0.1%
Real Purchasing Power
$124,124
COL-adjusted (RPP=99.9)

Arizona Cost of Living Index

Arizona's Regional Price Parity (RPP) is 99.9, meaning prices are 0.1% lower the national average. A Actuaries earning $124,000 in Arizona has the equivalent purchasing power of $124,124 in an average-cost US state.

AZ: 99.9
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Arizona's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $80,350 $80,430 +$80
25th Percentile (P25) $97,850 $97,947 +$97
Median (P50) $124,000 $124,124 +$124
75th Percentile (P75) $147,830 $147,977 +$147
90th Percentile (P90) $166,790 $166,956 +$166
Key Insight

Arizona's cost of living is close to the national average, so $124,000 keeps most of its value at $124,124 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Actuaries (After Cost of Living)

Where does Actuaries salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alabama
$163,132
RPP 87.8
2. Iowa
$146,911
RPP 88.4
3. Kansas
$139,655
RPP 90.0
$139,581
RPP 109.8
$139,304
RPP 106.4
$137,845
RPP 94.2
7. Nevada
$137,417
RPP 96.4
$137,150
RPP 88.8
9. Utah
$136,359
RPP 94.5
10. Kentucky
$134,876
RPP 89.4

Arizona ranks #21 out of 38 states for Actuaries after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Actuaries in Arizona after cost of living?

A Actuaries in Arizona earns a median salary of $124,000 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $124,124 — a +0.1% difference.

Is Arizona expensive to live in?

Arizona's cost of living is 0.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arizona is 99.9 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Actuaries in Arizona: $124,000 x (100 / 99.9) = $124,124. This represents what the salary would be worth in a state with average living costs.

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