Business & Finance Montana (MT) Rank #26 of 50

Actuary Salary in Montana

The median actuary salary in Montana is $108,291 per year, which is 5% below the national median of $113,990.

Median Salary
$108,291
vs National
$-5,699
State Rank
#26 of 50
Cost of Living
95%

Actuary Salary Overview in Montana (2026)

Montana ranks #26 out of 50 states for actuary compensation. Actuary salaries in Montana are below the national median, though the higher cost of living makes this gap more significant. At $108,291 per year, actuarys in Montana earn $5,699 less than the national median of $113,990.

Montana's cost of living is near the national average at 95%, meaning actuary salaries here translate closely to their face value in purchasing power.

The salary spread in Montana is significant: actuarys at the 10th percentile earn $64,980, while those at the 90th percentile bring home $186,210 — a $121,230 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Montana for this role is Bozeman, where the median reaches $131,089.

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 Montana and beyond.

Actuary Salary in Montana by Experience

In Montana, an entry-level actuary earns around $66,500, while experienced professionals earn up to $166,250 per year. The cost of living index in Montana is 95% of the national average.

Entry Level (0-2 yrs)
$66,500
$-3,500 vs national
Mid Level (3-7 yrs)
$109,250
$-5,750 vs national
Senior Level (8+ yrs)
$166,250
$-8,750 vs national

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Salary Percentiles in Montana

Percentile MT Salary
10th Percentile $64,980
25th Percentile $82,840
Median (50th) $108,291
75th Percentile $143,450
90th Percentile $186,210

Actuary Salary by City in Montana

The largest employment areas for actuarys in Montana include Billings, Missoula, Great Falls, and Bozeman. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Montana

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Montana

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

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Frequently Asked Questions: Actuary Salary in Montana

How much does a Actuary make in Montana? ▼
The median actuary salary in Montana is $108,291 per year, which is 5% below the national median of $113,990. Salaries range from $64,980 (10th percentile) to $186,210 (90th percentile).
How much does a Actuary make per hour in Montana? ▼
Based on the median annual salary of $108,291, a actuary in Montana earns approximately $52 per hour assuming a standard 2,080-hour work year.
Is Montana a good state for actuarys? ▼
Montana ranks #26 out of 50 states for actuary pay. The cost of living index is 95% of the national average. Entry-level actuarys earn $66,500, while senior professionals earn $166,250.
How does Montana compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Montana's median of $108,291 ranks #26 nationally. Nearby-ranked states include Utah ($110,570) and Georgia ($108,291).
What is the entry-level actuary salary in Montana? ▼
An entry-level actuary in Montana earns approximately $66,500 per year. With 3-7 years of experience, pay increases to around $109,250. Senior-level professionals with 8+ years earn up to $166,250.
What city in Montana pays actuarys the most? ▼
Bozeman is the highest paying city in Montana for actuarys, with a median salary of $131,089. Other cities include Billings and Missoula.