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Actuaries Salary in Massachusetts: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Actuaries salary really buy you in Massachusetts?

Massachusetts is 9.4% pricier than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$126,040
Median annual (2025)
-8.6%
Real Purchasing Power
$115,210
COL-adjusted (RPP=109.4)

Massachusetts Cost of Living Index

Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A Actuaries earning $126,040 in Massachusetts has the equivalent purchasing power of $115,210 in an average-cost US state.

MA: 109.4
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 Massachusetts's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $83,660 $76,471 $-7,188
25th Percentile (P25) $97,860 $89,451 $-8,408
Median (P50) $126,040 $115,210 $-10,829
75th Percentile (P75) $165,040 $150,859 $-14,180
90th Percentile (P90) $179,750 $164,305 $-15,444
Key Insight

While $126,040 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $115,210. Consider whether the higher pay offsets the higher costs.

What the Cost-of-Living Data Says

Massachusetts Is a High-Cost State

RPP 109.4

Massachusetts's RPP of 109.4 puts it 9.4% above the national baseline cost of living. A Actuaries needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.

Meaningful Purchasing-Power Shift

-8.6%

After applying Massachusetts's RPP, the $126,040 median salary translates to $115,210 in real terms — a 8.6% loss. That difference can cover several months of expenses over a year for a Actuaries.

Bottom-Quartile COL-Adjusted Pay

#29 / 36

Massachusetts ranks #29 of 36 — bottom quartile for Actuaries real purchasing power. Relocation, employer negotiation, or remote roles at higher-paying markets tend to generate the biggest ROI.

Best States for Actuaries (After Cost of Living)

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

$156,766
RPP 106.4
2. Alabama
$155,979
RPP 87.8
3. Iowa
$145,576
RPP 88.4
$145,427
RPP 107.6
$142,621
RPP 92.3
$142,564
RPP 116.6
$141,844
RPP 91.1
8. Utah
$140,444
RPP 94.5
9. Kansas
$138,900
RPP 90.0
10. Nevada
$137,313
RPP 96.4

Massachusetts ranks #29 out of 36 states for Actuaries after cost-of-living adjustment.

How much do you actually take home? See Actuaries take-home pay in Massachusetts after taxes →

Frequently Asked Questions

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

A Actuaries in Massachusetts earns a median salary of $126,040 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $115,210 — a -8.6% difference.

Is Massachusetts expensive to live in?

Massachusetts's cost of living is 9.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Massachusetts is 109.4 (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 Massachusetts: $126,040 x (100 / 109.4) = $115,210. This represents what the salary would be worth in a state with average living costs.

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

Partially — a Actuaries's nominal salary of $126,040 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $115,210. However, Massachusetts may offer better career opportunities, networking, and industry access.

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