Actuary Pay

Central Falls vs Providence: Actuary Salary (2026)

Compare actuary salaries between Central Falls, RI and Providence, RI. All figures are 2026 estimates projected from BLS 2025 data.

Central Falls, RI
$124,403
$59.80/hr
Providence, RI
$111,466
$53.59/hr

Side-by-Side Comparison

MetricCentral Falls, RIProvidence, RI
Median Salary$124,403$111,466
Hourly Rate$59.80$53.59
Entry Level (P10)$81,858$62,137
25th Percentile$96,812$80,610
75th Percentile$158,126$155,399
Top Earner (P90)$192,302$207,504
Total Employed6100
Side-by-side bar chart comparing Central Falls ($124,403) and Providence ($111,466) actuary salaries.Central FallsProvidenceMedian Salary$124,403$111,466Entry Level (P10)$81,858$62,137Top Earner (P90)$192,302$207,504US Median $134,160

Verdict

Central Falls and Providence are closely matched on overall actuary compensation, each winning on different metrics.

The salary gap between Central Falls and Providence is $12,937 (11.61%). Central Falls's median is -7.27% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Central Falls spans $110,444,Providence spans $145,367. Providence has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.

Central Falls
P10 (Entry)$81,858
P25$96,812
Median$124,403
P75$158,126
P90 (Top)$192,302
Providence
P10 (Entry)$62,137
P25$80,610
Median$111,466
P75$155,399
P90 (Top)$207,504

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Central Falls ($123,784 effective) pays 13.02% more than Providence ($109,524 effective).

Central Falls
Nominal: $124,403
CoL Index: 100.5
Adjusted: $123,784
Providence
Nominal: $111,466
CoL Index: 101.773
Adjusted: $109,524

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

Which City Is Right for You?

Choose Central Falls if…

  • Higher median salary ($124,403/year)
  • Better purchasing power (CoL-adjusted: $123,784)
  • You prefer the Rhode Island area and lifestyle

Choose Providence if…

  • Better top-earner potential ($207,504)
  • Larger job market (100 employed)
  • You prefer the Rhode Island area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Central Falls grew 8.3% from 2024 to 2025, compared to 7.9% growth in Providence over the same period.

Central Falls, RI

+8.3%

$111,274 (2024) → $120,546 (2025)

Providence, RI

+7.9%

$100,080 (2019) → $108,010 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Central Falls or Providence?

Central Falls has a higher median actuary salary at $124,403/year, compared to Providence at $111,466/year — a difference of $12,937 (11.61%).

What is the hourly rate difference between Central Falls and Providence?

Central Falls actuarys earn $59.80/hr while Providence hygienists earn $53.59/hr (2026 est.).

Should I relocate from Central Falls to Providence as a actuary?

Consider more than just salary when comparing Central Falls and Providence. Factor in cost of living (CoL-adjusted: Central Falls = $123,784, Providence = $109,524), job availability (6 vs 100 employed), commute, and career growth potential.

What do entry-level actuarys earn in Central Falls vs Providence?

Entry-level (10th percentile) actuarys earn $81,858 in Central Falls and $62,137 in Providence. The Central Falls 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