Actuary Pay

Granger vs Indianapolis: Actuary Salary (2026)

Compare actuary salaries between Granger, IN and Indianapolis, IN. All figures are 2026 estimates projected from BLS 2025 data.

Granger, IN
$117,459
$56.47/hr
Indianapolis, IN
$104,273
$50.13/hr

Side-by-Side Comparison

MetricGranger, INIndianapolis, IN
Median Salary$117,459$104,273
Hourly Rate$56.47$50.13
Entry Level (P10)$76,263$69,650
25th Percentile$90,991$84,056
75th Percentile$150,348$135,306
Top Earner (P90)$182,061$144,150
Total Employed7490
Side-by-side bar chart comparing Granger ($117,459) and Indianapolis ($104,273) actuary salaries.GrangerIndianapolisMedian Salary$117,459$104,273Entry Level (P10)$76,263$69,650Top Earner (P90)$182,061$144,150US Median $134,160

Verdict

Granger, IN offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Indianapolis.

The salary gap between Granger and Indianapolis is $13,186 (12.65%). Granger's median is -12.45% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Granger spans $105,798,Indianapolis spans $74,500. Granger has a wider pay range, meaning more potential for high earners but also more variation.

Granger
P10 (Entry)$76,263
P25$90,991
Median$117,459
P75$150,348
P90 (Top)$182,061
Indianapolis
P10 (Entry)$69,650
P25$84,056
Median$104,273
P75$135,306
P90 (Top)$144,150

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Granger ($128,652 effective) pays 18.07% more than Indianapolis ($108,963 effective).

Granger
Nominal: $117,459
CoL Index: 91.3
Adjusted: $128,652
Indianapolis
Nominal: $104,273
CoL Index: 95.696
Adjusted: $108,963

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

Which City Is Right for You?

Choose Granger if…

  • Higher median salary ($117,459/year)
  • Better top-earner potential ($182,061)
  • Better purchasing power (CoL-adjusted: $128,652)
  • You prefer the Indiana area and lifestyle

Choose Indianapolis if…

  • Larger job market (490 employed)
  • You prefer the Indiana area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Granger grew 13.0% from 2024 to 2025, compared to 1.7% growth in Indianapolis over the same period.

Granger, IN

+13.0%

$100,684 (2024) → $113,817 (2025)

Indianapolis, IN

+1.7%

$99,370 (2019) → $101,040 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Granger or Indianapolis?

Granger has a higher median actuary salary at $117,459/year, compared to Indianapolis at $104,273/year — a difference of $13,186 (12.65%).

What is the hourly rate difference between Granger and Indianapolis?

Granger actuarys earn $56.47/hr while Indianapolis hygienists earn $50.13/hr (2026 est.).

Should I relocate from Granger to Indianapolis as a actuary?

Consider more than just salary when comparing Granger and Indianapolis. Factor in cost of living (CoL-adjusted: Granger = $128,652, Indianapolis = $108,963), job availability (7 vs 490 employed), commute, and career growth potential.

What do entry-level actuarys earn in Granger vs Indianapolis?

Entry-level (10th percentile) actuarys earn $76,263 in Granger and $69,650 in Indianapolis. The Granger 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