What does a Actuaries salary really buy you in Rhode Island?
Rhode Island is 4.7% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Actuaries earning $108,890 in Rhode Island has the equivalent purchasing power of $104,001 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Rhode Island's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $75,750 | $72,349 | $-3,400 |
| 25th Percentile (P25) | $77,780 | $74,288 | $-3,491 |
| Median (P50) | $108,890 | $104,001 | $-4,888 |
| 75th Percentile (P75) | $143,270 | $136,838 | $-6,431 |
| 90th Percentile (P90) | $180,900 | $172,779 | $-8,120 |
While $108,890 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $104,001. 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.
Rhode Island ranks #35 out of 38 states for Actuaries after cost-of-living adjustment.
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A Actuaries in Rhode Island earns a median salary of $108,890 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $104,001 — a -4.5% difference.
Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Rhode Island: $108,890 x (100 / 104.7) = $104,001. This represents what the salary would be worth in a state with average living costs.
Partially — a Actuaries's nominal salary of $108,890 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $104,001. However, Rhode Island may offer better career opportunities, networking, and industry access.