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

What does a Actuaries salary really buy you in Florida?

Florida is 2.1% pricier than the US average

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

Nominal Salary
$123,220
Median annual (2024)
-2.1%
Real Purchasing Power
$120,685
COL-adjusted (RPP=102.1)

Florida Cost of Living Index

Florida's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Actuaries earning $123,220 in Florida has the equivalent purchasing power of $120,685 in an average-cost US state.

FL: 102.1
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 Florida's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $73,020 $71,518 $-1,501
25th Percentile (P25) $82,260 $80,568 $-1,691
Median (P50) $123,220 $120,685 $-2,534
75th Percentile (P75) $162,410 $159,069 $-3,340
90th Percentile (P90) $206,410 $202,164 $-4,245
Key Insight

Florida's cost of living is close to the national average, so $123,220 keeps most of its value at $120,685 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

Florida ranks #23 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 Florida after cost of living?

A Actuaries in Florida earns a median salary of $123,220 per year. After adjusting for Florida's cost of living (RPP=102.1), the real purchasing power is $120,685 — a -2.1% difference.

Is Florida expensive to live in?

Florida's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Florida is 102.1 (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 Florida: $123,220 x (100 / 102.1) = $120,685. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Florida offset the salary?

Partially — a Actuaries's nominal salary of $123,220 in Florida has 2.1% less purchasing power due to higher living costs. The real value is $120,685. However, Florida may offer better career opportunities, networking, and industry access.

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