Business & Finance Great Falls, MT Pop. 60,442

Actuary Salary in Great Falls, Montana

The median actuary salary in Great Falls, MT is $100,311 per year, which is 12% below the national median and 7.4% below the Montana state average.

City Median
$100,311
vs State Avg
$-7,980
vs National
$-13,679
Cost of Living
88%

Actuary Pay in Great Falls: What to Expect (2026)

Great Falls offers a median actuary salary of $100,311, which is $7,980 below the Montana state average of $108,291. Compared to the national median of $113,990, Great Falls pays below the national benchmark for this role.

One of Great Falls's biggest advantages is its low cost of living at 88% of the national average. This means the $100,311 salary stretches further here — equivalent to roughly $113,990 in an average-cost city. This makes Great Falls an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Great Falls spans from $60,192 at the 10th percentile to $172,489 at the 90th percentile — a $112,297 spread. Entry-level professionals start around $61,600, while senior actuarys with 8+ years of experience can earn up to $154,000. Great Falls is a smaller market (pop. 60,442), which may mean fewer openings but also less competition for available positions.

Actuary Salary in Great Falls by Experience

In Great Falls, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Great Falls, MT

Percentile Great Falls
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Montana Cities

How to Become a Actuary in Great Falls

Education

Most actuary positions require a bachelor's degree. Great Falls and the surrounding Montana area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Great Falls may vary based on local industry and population growth.

Find Actuary Jobs in Great Falls

Browse open actuary positions in Great Falls, MT:

Frequently Asked Questions: Actuary Salary in Great Falls

How much does a Actuary make in Great Falls, MT? ▼
The median actuary salary in Great Falls, Montana is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Great Falls? ▼
Based on the median annual salary of $100,311, a actuary in Great Falls earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Great Falls compare to the Montana state average for actuary pay? ▼
Great Falls's median actuary salary of $100,311 is 7.4% below the Montana state average of $108,291. The local cost of living index is 88% of the national average.
What is the cost of living in Great Falls, MT? ▼
Great Falls has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Great Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Great Falls? ▼
Most actuary positions in Great Falls require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.