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Actuaries Salary in North Carolina: Cost of Living Adjusted (2024)

What does a Actuaries salary really buy you in North Carolina?

North Carolina is 5.8% cheaper than the US average

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

Nominal Salary
$129,850
Median annual (2024)
+6.2%
Real Purchasing Power
$137,845
COL-adjusted (RPP=94.2)

North Carolina Cost of Living Index

North Carolina's Regional Price Parity (RPP) is 94.2, meaning prices are 5.8% lower the national average. A Actuaries earning $129,850 in North Carolina has the equivalent purchasing power of $137,845 in an average-cost US state.

NC: 94.2
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 North Carolina's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $78,740 $83,588 +$4,848
25th Percentile (P25) $96,350 $102,282 +$5,932
Median (P50) $129,850 $137,845 +$7,995
75th Percentile (P75) $166,000 $176,220 +$10,220
90th Percentile (P90) $205,160 $217,791 +$12,631
Key Insight

A Actuaries in North Carolina earns $129,850 on paper, but low living costs mean your money goes 6% further — like earning $137,845 in an average-cost state. This makes North Carolina 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

North Carolina ranks #6 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 North Carolina after cost of living?

A Actuaries in North Carolina earns a median salary of $129,850 per year. After adjusting for North Carolina's cost of living (RPP=94.2), the real purchasing power is $137,845 — a +6.2% difference.

Is North Carolina expensive to live in?

North Carolina's cost of living is 5.8% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for North Carolina is 94.2 (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 North Carolina: $129,850 x (100 / 94.2) = $137,845. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Actuaries in North Carolina financially?

From a purchasing power perspective, yes. A Actuaries in North Carolina enjoys 6.2% 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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