Actuary Pay

Bangor vs Portland: Actuary Salary (2026)

Compare actuary salaries between Bangor, ME and Portland, ME. All figures are 2026 estimates projected from BLS 2025 data.

Bangor, ME
$127,878
$61.48/hr
Portland, ME
$142,643
$68.58/hr

Side-by-Side Comparison

MetricBangor, MEPortland, ME
Median Salary$127,878$142,643
Hourly Rate$61.48$68.58
Entry Level (P10)$82,605$91,322
25th Percentile$98,751$120,207
75th Percentile$163,684$142,643
Top Earner (P90)$198,211$171,539
Total Employed650
Side-by-side bar chart comparing Bangor ($127,878) and Portland ($142,643) actuary salaries.BangorPortlandMedian Salary$127,878$142,643Entry Level (P10)$82,605$91,322Top Earner (P90)$198,211$171,539US Median $134,160

Verdict

Portland, ME offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Bangor.

The salary gap between Bangor and Portland is $14,765 (11.55%). Portland's median is +6.32% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Bangor spans $115,606,Portland spans $80,217. Bangor has a wider pay range, meaning more potential for high earners but also more variation.

Bangor
P10 (Entry)$82,605
P25$98,751
Median$127,878
P75$163,684
P90 (Top)$198,211
Portland
P10 (Entry)$91,322
P25$120,207
Median$142,643
P75$142,643
P90 (Top)$171,539

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Portland ($140,041 effective) pays 9.07% more than Bangor ($128,392 effective).

Bangor
Nominal: $127,878
CoL Index: 99.6
Adjusted: $128,392
Portland
Nominal: $142,643
CoL Index: 101.858
Adjusted: $140,041

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Bangor if…

  • Better top-earner potential ($198,211)
  • You prefer the Maine area and lifestyle

Choose Portland if…

  • Higher median salary ($142,643/year)
  • Larger job market (50 employed)
  • Better purchasing power (CoL-adjusted: $140,041)
  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Bangor grew 13.0% from 2024 to 2025, compared to 44.1% growth in Portland over the same period.

Bangor, ME

+13.0%

$109,615 (2024) → $123,913 (2025)

Portland, ME

+44.1%

$95,900 (2019) → $138,220 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Bangor or Portland?

Portland has a higher median actuary salary at $142,643/year, compared to Bangor at $127,878/year — a difference of $14,765 (11.55%).

What is the hourly rate difference between Bangor and Portland?

Bangor actuarys earn $61.48/hr while Portland hygienists earn $68.58/hr (2026 est.).

Should I relocate from Bangor to Portland as a actuary?

Consider more than just salary when comparing Bangor and Portland. Factor in cost of living (CoL-adjusted: Bangor = $128,392, Portland = $140,041), job availability (6 vs 50 employed), commute, and career growth potential.

What do entry-level actuarys earn in Bangor vs Portland?

Entry-level (10th percentile) actuarys earn $82,605 in Bangor and $91,322 in Portland. The Portland area offers higher starting salaries.
MC

Written by Maria Chen, FSA, MAAA

Career Analyst

Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.20% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov