Providence vs Woonsocket: Actuary Salary (2026)
Compare actuary salaries between Providence, RI and Woonsocket, RI. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Providence, RI | Woonsocket, RI |
|---|---|---|
| Median Salary | $111,466 | $130,330▲ |
| Hourly Rate | $53.59 | $62.66▲ |
| Entry Level (P10) | $62,137 | $86,323▲ |
| 25th Percentile | $80,610 | $102,220▲ |
| 75th Percentile | $155,399 | $165,695▲ |
| Top Earner (P90) | $207,504▲ | $202,012 |
| Total Employed | 100▲ | 9 |
Verdict
Providence and Woonsocket are closely matched on overall actuary compensation, each winning on different metrics.
The salary gap between Providence and Woonsocket is $18,864 (16.92%). Woonsocket's median is -2.85% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Providence spans $145,367,Woonsocket spans $115,689. Providence 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, Woonsocket ($129,682 effective) pays 18.40% more than Providence ($109,524 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Providence if…
- ✓Better top-earner potential ($207,504)
- ✓Larger job market (100 employed)
- ✓You prefer the Rhode Island area and lifestyle
Choose Woonsocket if…
- ✓Higher median salary ($130,330/year)
- ✓Better purchasing power (CoL-adjusted: $129,682)
- ✓You prefer the Rhode Island area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Providence grew 7.9% from 2019 to 2025, compared to 8.3% growth in Woonsocket over the same period.
Providence, RI
$100,080 (2019) → $108,010 (2025)
Woonsocket, RI
$116,575 (2024) → $126,289 (2025)
View Full Salary Data
Providence, RI
Woonsocket, RI
Frequently Asked Questions
Which city pays actuarys more: Providence or Woonsocket?
What is the hourly rate difference between Providence and Woonsocket?
Should I relocate from Providence to Woonsocket 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