Actuary Pay

Charlottesville vs Chesapeake: Actuary Salary (2026)

Compare actuary salaries between Charlottesville, VA and Chesapeake, VA. All figures are 2026 estimates projected from BLS 2025 data.

Charlottesville, VA
$132,704
$63.80/hr
Chesapeake, VA
$105,144
$50.55/hr

Side-by-Side Comparison

MetricCharlottesville, VAChesapeake, VA
Median Salary$132,704$105,144
Hourly Rate$63.80$50.55
Entry Level (P10)$86,055$60,984
25th Percentile$102,723$80,168
75th Percentile$169,861$134,585
Top Earner (P90)$205,691$162,973
Total Employed1063
Side-by-side bar chart comparing Charlottesville ($132,704) and Chesapeake ($105,144) actuary salaries.CharlottesvilleChesapeakeMedian Salary$132,704$105,144Entry Level (P10)$86,055$60,984Top Earner (P90)$205,691$162,973US Median $134,160

Verdict

Charlottesville, VA offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Chesapeake.

The salary gap between Charlottesville and Chesapeake is $27,560 (26.21%). Charlottesville's median is -1.09% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Charlottesville spans $119,636,Chesapeake spans $101,989. Charlottesville has a wider pay range, meaning more potential for high earners but also more variation.

Charlottesville
P10 (Entry)$86,055
P25$102,723
Median$132,704
P75$169,861
P90 (Top)$205,691
Chesapeake
P10 (Entry)$60,984
P25$80,168
Median$105,144
P75$134,585
P90 (Top)$162,973

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Charlottesville ($128,589 effective) pays 26.21% more than Chesapeake ($101,884 effective).

Charlottesville
Nominal: $132,704
CoL Index: 103.2
Adjusted: $128,589
Chesapeake
Nominal: $105,144
CoL Index: 103.2
Adjusted: $101,884

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

Which City Is Right for You?

Choose Charlottesville if…

  • Higher median salary ($132,704/year)
  • Better top-earner potential ($205,691)
  • Better purchasing power (CoL-adjusted: $128,589)
  • You prefer the Virginia area and lifestyle

Choose Chesapeake if…

  • Larger job market (63 employed)
  • You prefer the Virginia area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Charlottesville grew 1.6% from 2024 to 2025, compared to -25.4% growth in Chesapeake over the same period.

Charlottesville, VA

+1.6%

$126,611 (2024) → $128,589 (2025)

Chesapeake, VA

+-25.4%

$136,587 (2024) → $101,884 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Charlottesville or Chesapeake?

Charlottesville has a higher median actuary salary at $132,704/year, compared to Chesapeake at $105,144/year — a difference of $27,560 (26.21%).

What is the hourly rate difference between Charlottesville and Chesapeake?

Charlottesville actuarys earn $63.80/hr while Chesapeake hygienists earn $50.55/hr (2026 est.).

Should I relocate from Charlottesville to Chesapeake as a actuary?

Consider more than just salary when comparing Charlottesville and Chesapeake. Factor in cost of living (CoL-adjusted: Charlottesville = $128,589, Chesapeake = $101,884), job availability (10 vs 63 employed), commute, and career growth potential.

What do entry-level actuarys earn in Charlottesville vs Chesapeake?

Entry-level (10th percentile) actuarys earn $86,055 in Charlottesville and $60,984 in Chesapeake. The Charlottesville 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