Milford vs New Haven: Actuary Salary (2026)
Compare actuary salaries between Milford, CT and New Haven, CT. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Milford, CT | New Haven, CT |
|---|---|---|
| Median Salary | $141,540 | $145,533▲ |
| Hourly Rate | $68.05 | $69.97▲ |
| Entry Level (P10) | $88,923 | $105,016▲ |
| 25th Percentile | $107,825 | $119,206▲ |
| 75th Percentile | $181,171 | $192,489▲ |
| Top Earner (P90) | $219,387 | $239,888▲ |
| Total Employed | 9 | 40▲ |
Verdict
New Haven, CT offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Milford.
The salary gap between Milford and New Haven is $3,993 (2.82%). New Haven's median is +8.48% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Milford spans $130,464,New Haven spans $134,872. New Haven has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, New Haven ($139,187 effective) pays 6.11% more than Milford ($131,177 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Milford if…
- ✓You prefer the Connecticut area and lifestyle
Choose New Haven if…
- ✓Higher median salary ($145,533/year)
- ✓Better top-earner potential ($239,888)
- ✓Larger job market (40 employed)
- ✓Better purchasing power (CoL-adjusted: $139,187)
- ✓You prefer the Connecticut area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Milford grew -10.3% from 2024 to 2025, compared to 18.3% growth in New Haven over the same period.
Milford, CT
$152,976 (2024) → $137,151 (2025)
New Haven, CT
$119,220 (2021) → $141,020 (2025)
View Full Salary Data
Milford, CT
New Haven, CT
Frequently Asked Questions
Which city pays actuarys more: Milford or New Haven?
What is the hourly rate difference between Milford and New Haven?
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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.
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