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

What does a Actuaries salary really buy you in Idaho?

Idaho is 8.2% cheaper than the US average

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

Nominal Salary
$109,990
Median annual (2024)
+8.9%
Real Purchasing Power
$119,814
COL-adjusted (RPP=91.8)

Idaho Cost of Living Index

Idaho's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Actuaries earning $109,990 in Idaho has the equivalent purchasing power of $119,814 in an average-cost US state.

ID: 91.8
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 Idaho's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $64,990 $70,795 +$5,805
25th Percentile (P25) $79,840 $86,971 +$7,131
Median (P50) $109,990 $119,814 +$9,824
75th Percentile (P75) $155,420 $169,302 +$13,882
90th Percentile (P90) $155,420 $169,302 +$13,882
Key Insight

A Actuaries in Idaho earns $109,990 on paper, but low living costs mean your money goes 9% further — like earning $119,814 in an average-cost state. This makes Idaho one of the best value states for this occupation.

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

Idaho ranks #25 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 Idaho after cost of living?

A Actuaries in Idaho earns a median salary of $109,990 per year. After adjusting for Idaho's cost of living (RPP=91.8), the real purchasing power is $119,814 — a +8.9% difference.

Is Idaho expensive to live in?

Idaho's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Idaho is 91.8 (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 Idaho: $109,990 x (100 / 91.8) = $119,814. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Actuaries in Idaho financially?

From a purchasing power perspective, yes. A Actuaries in Idaho enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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