Business & Finance Santa Fe, NM Pop. 87,505

Actuary Salary in Santa Fe, New Mexico

The median actuary salary in Santa Fe, NM is $125,389 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$125,389
vs State Avg
+$19,378
vs National
+$11,399
Cost of Living
110%

Actuary Salary in Santa Fe by Experience

In Santa Fe, an entry-level actuary earns around $77,000, while experienced professionals earn up to $192,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$77,000
+$7,000 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$192,500
+$17,500 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $75,240
25th Percentile $95,920
Median (50th) $125,389
75th Percentile $166,100
90th Percentile $215,611

Actuary Salary in Other New Mexico Cities

Albuquerque, NM
$108,291
Pop. 564,559
Rio Rancho, NM
$104,871
Pop. 104,046
Las Cruces, NM
$100,311
Pop. 111,385
Roswell, NM
$93,472
Pop. 48,422

How to Become a Actuary in Santa Fe

Education

Most actuary positions require a bachelor's degree. Santa Fe and the surrounding New Mexico 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 Santa Fe may vary based on local industry and population growth.

Find Actuary Jobs in Santa Fe

Browse open actuary positions in Santa Fe, NM:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Santa Fe

How much does a Actuary make in Santa Fe, NM? ▼
The median actuary salary in Santa Fe, New Mexico is $125,389 per year, which is 10.0% above the national median of $113,990. Salaries range from $75,240 (10th percentile) to $215,611 (90th percentile).
How much does a Actuary make per hour in Santa Fe? ▼
Based on the median annual salary of $125,389, a actuary in Santa Fe earns approximately $60 per hour assuming a standard 2,080-hour work year.
How does Santa Fe compare to the New Mexico state average for actuary pay? ▼
Santa Fe's median actuary salary of $125,389 is 18.3% above the New Mexico state average of $106,011. The local cost of living index is 110% of the national average.
What is the cost of living in Santa Fe, NM? ▼
Santa Fe has a cost of living index of 110% compared to the national average. This means a actuary salary of $125,389 in Santa Fe has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Santa Fe? ▼
Most actuary positions in Santa Fe 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.