Actuary Salary in Minnesota
The median actuary salary in Minnesota is $112,850 per year, which is 1% below the national median of $113,990.
Actuary Salary Overview in Minnesota (2026)
Minnesota ranks #19 out of 50 states for actuary compensation. Minnesota falls in the middle of the pack for actuary pay, offering salaries near the national average. At $112,850 per year, actuarys in Minnesota earn $1,140 less than the national median of $113,990.
Minnesota's cost of living is near the national average at 97%, meaning actuary salaries here translate closely to their face value in purchasing power.
The salary spread in Minnesota is significant: actuarys at the 10th percentile earn $67,716, while those at the 90th percentile bring home $194,050 — a $126,334 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $121,969.
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 Minnesota and beyond.
Actuary Salary in Minnesota by Experience
In Minnesota, an entry-level actuary earns around $69,300, while experienced professionals earn up to $173,250 per year. The cost of living index in Minnesota is 97% of the national average.
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View Offers You Qualify For →Salary Percentiles in Minnesota
| Percentile | MN Salary |
|---|---|
| 10th Percentile | $67,716 |
| 25th Percentile | $86,328 |
| Median (50th) | $112,850 |
| 75th Percentile | $149,490 |
| 90th Percentile | $194,050 |
Actuary Salary by City in Minnesota
The largest employment areas for actuarys in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.
How to Become a Actuary in Minnesota
Education
Most actuary positions require a bachelor's degree. Minnesota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Minnesota
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Minnesota's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Actuarys who negotiate earn 7–15% more. A single negotiation could add $60,400 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Actuary Roles in Minnesota?
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