Newport News vs Richmond: Actuary Salary (2026)
Compare actuary salaries between Newport News, VA and Richmond, VA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Newport News, VA | Richmond, VA |
|---|---|---|
| Median Salary | $139,529▲ | $136,121 |
| Hourly Rate | $67.08▲ | $65.45 |
| Entry Level (P10) | $87,604 | $96,740▲ |
| 25th Percentile | $106,931▲ | $103,602 |
| 75th Percentile | $178,598▲ | $170,053 |
| Top Earner (P90) | $216,271 | $219,548▲ |
| Total Employed | 39 | 120▲ |
Verdict
Newport News and Richmond are closely matched on overall actuary compensation, each winning on different metrics.
The salary gap between Newport News and Richmond is $3,408 (2.50%). Newport News's median is +4.00% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Newport News spans $128,667,Richmond spans $122,808. Newport News has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Richmond ($139,101 effective) pays 2.88% more than Newport News ($135,203 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Newport News if…
- ✓Higher median salary ($139,529/year)
- ✓You prefer the Virginia area and lifestyle
Choose Richmond if…
- ✓Better top-earner potential ($219,548)
- ✓Larger job market (120 employed)
- ✓Better purchasing power (CoL-adjusted: $139,101)
- ✓You prefer the Virginia area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Newport News grew 1.6% from 2024 to 2025, compared to -4.2% growth in Richmond over the same period.
Newport News, VA
$133,123 (2024) → $135,203 (2025)
Richmond, VA
$137,720 (2019) → $131,900 (2025)
View Full Salary Data
Newport News, VA
Richmond, VA
Frequently Asked Questions
Which city pays actuarys more: Newport News or Richmond?
What is the hourly rate difference between Newport News and Richmond?
Should I relocate from Newport News to Richmond as a actuary?
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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