What does a Actuaries salary really buy you in Connecticut?
Connecticut is 6.4% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Connecticut's Regional Price Parity (RPP) is 106.4, meaning prices are 6.4% higher the national average. A Actuaries earning $148,220 in Connecticut has the equivalent purchasing power of $139,304 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Connecticut's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $91,770 | $86,250 | $-5,520 |
| 25th Percentile (P25) | $114,680 | $107,781 | $-6,898 |
| Median (P50) | $148,220 | $139,304 | $-8,915 |
| 75th Percentile (P75) | $184,170 | $173,092 | $-11,077 |
| 90th Percentile (P90) | $213,050 | $200,234 | $-12,815 |
While $148,220 sounds high, Connecticut's elevated cost of living erases 6% of that salary's purchasing power. Your real buying power is $139,304. Consider whether the higher pay offsets the higher costs.
Where does Actuaries salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Connecticut ranks #5 out of 38 states for Actuaries after cost-of-living adjustment.
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A Actuaries in Connecticut earns a median salary of $148,220 per year. After adjusting for Connecticut's cost of living (RPP=106.4), the real purchasing power is $139,304 — a -6.0% difference.
Connecticut's cost of living is 6.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Connecticut is 106.4 (US average = 100).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Actuaries in Connecticut: $148,220 x (100 / 106.4) = $139,304. This represents what the salary would be worth in a state with average living costs.
Partially — a Actuaries's nominal salary of $148,220 in Connecticut has 6.0% less purchasing power due to higher living costs. The real value is $139,304. However, Connecticut may offer better career opportunities, networking, and industry access.