Actuary Pay

Chicago vs Downers Grove: Actuary Salary (2026)

Compare actuary salaries between Chicago, IL and Downers Grove, IL. All figures are 2026 estimates projected from BLS 2025 data.

Chicago, IL
$117,369
$56.43/hr
Downers Grove, IL
$124,284
$59.75/hr

Side-by-Side Comparison

MetricChicago, ILDowners Grove, IL
Median Salary$117,369$124,284
Hourly Rate$56.43$59.75
Entry Level (P10)$82,188$79,660
25th Percentile$99,041$95,515
75th Percentile$168,928$159,083
Top Earner (P90)$215,956$192,640
Total Employed1,56011
Side-by-side bar chart comparing Chicago ($117,369) and Downers Grove ($124,284) actuary salaries.ChicagoDowners GroveMedian Salary$117,369$124,284Entry Level (P10)$82,188$79,660Top Earner (P90)$215,956$192,640US Median $134,160

Verdict

Chicago and Downers Grove are closely matched on overall actuary compensation, each winning on different metrics.

The salary gap between Chicago and Downers Grove is $6,915 (5.89%). Downers Grove's median is -7.36% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Chicago spans $133,768,Downers Grove spans $112,980. Chicago has a wider pay range, meaning more potential for high earners but also more variation.

Chicago
P10 (Entry)$82,188
P25$99,041
Median$117,369
P75$168,928
P90 (Top)$215,956
Downers Grove
P10 (Entry)$79,660
P25$95,515
Median$124,284
P75$159,083
P90 (Top)$192,640

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Downers Grove ($127,996 effective) pays 12.97% more than Chicago ($113,296 effective).

Chicago
Nominal: $117,369
CoL Index: 103.595
Adjusted: $113,296
Downers Grove
Nominal: $124,284
CoL Index: 97.1
Adjusted: $127,996

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

Which City Is Right for You?

Choose Chicago if…

  • Better top-earner potential ($215,956)
  • Larger job market (1,560 employed)
  • You prefer the Illinois area and lifestyle

Choose Downers Grove if…

  • Higher median salary ($124,284/year)
  • Better purchasing power (CoL-adjusted: $127,996)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Chicago grew 10.7% from 2019 to 2025, compared to 0.0% growth in Downers Grove over the same period.

Chicago, IL

+10.7%

$102,700 (2019) → $113,730 (2025)

Downers Grove, IL

+0.0%

$120,430 (2024) → $120,430 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Chicago or Downers Grove?

Downers Grove has a higher median actuary salary at $124,284/year, compared to Chicago at $117,369/year — a difference of $6,915 (5.89%).

What is the hourly rate difference between Chicago and Downers Grove?

Chicago actuarys earn $56.43/hr while Downers Grove hygienists earn $59.75/hr (2026 est.).

Should I relocate from Chicago to Downers Grove as a actuary?

Consider more than just salary when comparing Chicago and Downers Grove. Factor in cost of living (CoL-adjusted: Chicago = $113,296, Downers Grove = $127,996), job availability (1,560 vs 11 employed), commute, and career growth potential.

What do entry-level actuarys earn in Chicago vs Downers Grove?

Entry-level (10th percentile) actuarys earn $82,188 in Chicago and $79,660 in Downers Grove. The Chicago area offers higher starting salaries.

Related Comparisons

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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