Actuary Pay

Newark vs Plainfield: Actuary Salary (2026)

Compare actuary salaries between Newark, NJ and Plainfield, NJ. All figures are 2026 estimates projected from BLS 2025 data.

Newark, NJ
$166,873
$80.23/hr
Plainfield, NJ
$154,261
$74.16/hr

Side-by-Side Comparison

MetricNewark, NJPlainfield, NJ
Median Salary$166,873$154,261
Hourly Rate$80.23$74.16
Entry Level (P10)$96,786$89,471
25th Percentile$126,765$112,067
75th Percentile$213,598$197,455
Top Earner (P90)$258,653$239,105
Total Employed6110
Side-by-side bar chart comparing Newark ($166,873) and Plainfield ($154,261) actuary salaries.NewarkPlainfieldMedian Salary$166,873$154,261Entry Level (P10)$96,786$89,471Top Earner (P90)$258,653$239,105US Median $134,160

Verdict

Newark, NJ offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Plainfield.

The salary gap between Newark and Plainfield is $12,612 (8.18%). Newark's median is +24.38% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Newark spans $161,867,Plainfield spans $149,634. Newark has a wider pay range, meaning more potential for high earners but also more variation.

Newark
P10 (Entry)$96,786
P25$126,765
Median$166,873
P75$213,598
P90 (Top)$258,653
Plainfield
P10 (Entry)$89,471
P25$112,067
Median$154,261
P75$197,455
P90 (Top)$239,105

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Newark ($144,855 effective) pays 8.18% more than Plainfield ($133,907 effective).

Newark
Nominal: $166,873
CoL Index: 115.2
Adjusted: $144,855
Plainfield
Nominal: $154,261
CoL Index: 115.2
Adjusted: $133,907

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

Which City Is Right for You?

Choose Newark if…

  • Higher median salary ($166,873/year)
  • Better top-earner potential ($258,653)
  • Larger job market (61 employed)
  • Better purchasing power (CoL-adjusted: $144,855)
  • You prefer the New Jersey area and lifestyle

Choose Plainfield if…

  • You prefer the New Jersey area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Newark grew -6.0% from 2024 to 2025, compared to -8.5% growth in Plainfield over the same period.

Newark, NJ

+-6.0%

$172,017 (2024) → $161,699 (2025)

Plainfield, NJ

+-8.5%

$163,276 (2024) → $149,478 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Newark or Plainfield?

Newark has a higher median actuary salary at $166,873/year, compared to Plainfield at $154,261/year — a difference of $12,612 (8.18%).

What is the hourly rate difference between Newark and Plainfield?

Newark actuarys earn $80.23/hr while Plainfield hygienists earn $74.16/hr (2026 est.).

Should I relocate from Newark to Plainfield as a actuary?

Consider more than just salary when comparing Newark and Plainfield. Factor in cost of living (CoL-adjusted: Newark = $144,855, Plainfield = $133,907), job availability (61 vs 10 employed), commute, and career growth potential.

What do entry-level actuarys earn in Newark vs Plainfield?

Entry-level (10th percentile) actuarys earn $96,786 in Newark and $89,471 in Plainfield. The Newark 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