Actuary Pay

New Haven vs Waterbury: Actuary Salary (2026)

Compare actuary salaries between New Haven, CT and Waterbury, CT. All figures are 2026 estimates projected from BLS 2025 data.

New Haven, CT
$145,533
$69.97/hr
Waterbury, CT
$148,020
$71.17/hr

Side-by-Side Comparison

MetricNew Haven, CTWaterbury, CT
Median Salary$145,533$148,020
Hourly Rate$69.97$71.17
Entry Level (P10)$105,016$93,396
25th Percentile$119,206$101,559
75th Percentile$192,489$187,236
Top Earner (P90)$239,888$194,811
Total Employed4030
Side-by-side bar chart comparing New Haven ($145,533) and Waterbury ($148,020) actuary salaries.New HavenWaterburyMedian Salary$145,533$148,020Entry Level (P10)$105,016$93,396Top Earner (P90)$239,888$194,811US Median $134,160

Verdict

New Haven and Waterbury are closely matched on overall actuary compensation, each winning on different metrics.

The salary gap between New Haven and Waterbury is $2,487 (1.71%). Waterbury's median is +10.33% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in New Haven spans $134,872,Waterbury spans $101,415. New Haven has a wider pay range, meaning more potential for high earners but also more variation.

New Haven
P10 (Entry)$105,016
P25$119,206
Median$145,533
P75$192,489
P90 (Top)$239,888
Waterbury
P10 (Entry)$93,396
P25$101,559
Median$148,020
P75$187,236
P90 (Top)$194,811

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Waterbury ($148,349 effective) pays 6.58% more than New Haven ($139,187 effective).

New Haven
Nominal: $145,533
CoL Index: 104.559
Adjusted: $139,187
Waterbury
Nominal: $148,020
CoL Index: 99.778
Adjusted: $148,349

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

Which City Is Right for You?

Choose New Haven if…

  • Better top-earner potential ($239,888)
  • Larger job market (40 employed)
  • You prefer the Connecticut area and lifestyle

Choose Waterbury if…

  • Higher median salary ($148,020/year)
  • Better purchasing power (CoL-adjusted: $148,349)
  • You prefer the Connecticut area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in New Haven grew 18.3% from 2021 to 2025, compared to 8.3% growth in Waterbury over the same period.

New Haven, CT

+18.3%

$119,220 (2021) → $141,020 (2025)

Waterbury, CT

+8.3%

$132,420 (2024) → $143,430 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: New Haven or Waterbury?

Waterbury has a higher median actuary salary at $148,020/year, compared to New Haven at $145,533/year — a difference of $2,487 (1.71%).

What is the hourly rate difference between New Haven and Waterbury?

New Haven actuarys earn $69.97/hr while Waterbury hygienists earn $71.17/hr (2026 est.).

Should I relocate from New Haven to Waterbury as a actuary?

Consider more than just salary when comparing New Haven and Waterbury. Factor in cost of living (CoL-adjusted: New Haven = $139,187, Waterbury = $148,349), job availability (40 vs 30 employed), commute, and career growth potential.

What do entry-level actuarys earn in New Haven vs Waterbury?

Entry-level (10th percentile) actuarys earn $105,016 in New Haven and $93,396 in Waterbury. The New Haven area offers higher starting salaries.

Related Comparisons

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