Actuary Salary in New Mexico
The median actuary salary in New Mexico is $106,011 per year, which is 7% below the national median of $113,990.
Actuary Salary Overview in New Mexico (2026)
New Mexico ranks #29 out of 50 states for actuary compensation. Actuary salaries in New Mexico are below the national median, though the lower cost of living can offset the difference. At $106,011 per year, actuarys in New Mexico earn $7,979 less than the national median of $113,990.
A key advantage of working in New Mexico is its below-average cost of living (93% of the national index). This means the $106,011 salary has the purchasing power of roughly $113,990 in an average-cost area.
The salary spread in New Mexico is significant: actuarys at the 10th percentile earn $63,612, while those at the 90th percentile bring home $182,289 — a $118,677 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Mexico for this role is Santa Fe, where the median reaches $125,389.
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 New Mexico and beyond.
Actuary Salary in New Mexico by Experience
In New Mexico, an entry-level actuary earns around $65,100, while experienced professionals earn up to $162,750 per year. The cost of living index in New Mexico is 93% of the national average.
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View Offers You Qualify For →Salary Percentiles in New Mexico
| Percentile | NM Salary |
|---|---|
| 10th Percentile | $63,612 |
| 25th Percentile | $81,096 |
| Median (50th) | $106,011 |
| 75th Percentile | $140,430 |
| 90th Percentile | $182,289 |
Actuary Salary by City in New Mexico
The largest employment areas for actuarys in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.
How to Become a Actuary in New Mexico
Education
Most actuary positions require a bachelor's degree. New Mexico has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New Mexico
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). New Mexico'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 $56,739 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Actuary Roles in New Mexico?
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