Business & Finance Idaho (ID) Rank #28 of 50

Actuary Salary in Idaho

The median actuary salary in Idaho is $107,151 per year, which is 6% below the national median of $113,990.

Median Salary
$107,151
vs National
$-6,839
State Rank
#28 of 50
Cost of Living
94%

Actuary Salary Overview in Idaho (2026)

Idaho ranks #28 out of 50 states for actuary compensation. Actuary salaries in Idaho are below the national median, though the lower cost of living can offset the difference. At $107,151 per year, actuarys in Idaho earn $6,839 less than the national median of $113,990.

A key advantage of working in Idaho is its below-average cost of living (94% of the national index). This means the $107,151 salary has the purchasing power of roughly $113,990 in an average-cost area.

The salary spread in Idaho is significant: actuarys at the 10th percentile earn $64,296, while those at the 90th percentile bring home $184,249 — a $119,953 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Idaho for this role is Boise, where the median reaches $113,990.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Idaho and beyond.

Actuary Salary in Idaho by Experience

In Idaho, an entry-level actuary earns around $65,800, while experienced professionals earn up to $164,500 per year. The cost of living index in Idaho is 94% of the national average.

Entry Level (0-2 yrs)
$65,800
$-4,200 vs national
Mid Level (3-7 yrs)
$108,100
$-6,900 vs national
Senior Level (8+ yrs)
$164,500
$-10,500 vs national

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Salary Percentiles in Idaho

Percentile ID Salary
10th Percentile $64,296
25th Percentile $81,968
Median (50th) $107,151
75th Percentile $141,940
90th Percentile $184,249

Actuary Salary by City in Idaho

The largest employment areas for actuarys in Idaho include Boise, Meridian, Nampa, and Idaho Falls. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Idaho

Education

Most actuary positions require a bachelor's degree. Idaho has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Idaho

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Idaho's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in Idaho

How much does a Actuary make in Idaho? ▼
The median actuary salary in Idaho is $107,151 per year, which is 6% below the national median of $113,990. Salaries range from $64,296 (10th percentile) to $184,249 (90th percentile).
How much does a Actuary make per hour in Idaho? ▼
Based on the median annual salary of $107,151, a actuary in Idaho earns approximately $52 per hour assuming a standard 2,080-hour work year.
Is Idaho a good state for actuarys? ▼
Idaho ranks #28 out of 50 states for actuary pay. The cost of living index is 94% of the national average. Entry-level actuarys earn $65,800, while senior professionals earn $164,500.
How does Idaho compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Idaho's median of $107,151 ranks #28 nationally. Nearby-ranked states include Montana ($108,291) and North Carolina ($108,291).
What is the entry-level actuary salary in Idaho? ▼
An entry-level actuary in Idaho earns approximately $65,800 per year. With 3-7 years of experience, pay increases to around $108,100. Senior-level professionals with 8+ years earn up to $164,500.
What city in Idaho pays actuarys the most? ▼
Boise is the highest paying city in Idaho for actuarys, with a median salary of $113,990. Other cities include Meridian and Nampa.