Actuary Hourly Pay in Colorado Springs, CO: $56.44 (2026)
Quick Answer:Hourly pay for a actuary working in Colorado Springs, CO runs $56.44 at the median for 2026 — annualizing to $117,400 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Colorado Springs's regional price level (BEA RPP 100.7, 1% above national), each hour of work buys what $56.04 nationally would. A 24-hour part-time schedule grosses $70,437 per year.
Official BLS data · View source
In Colorado Springs, actuary hourly pay stands at a median of $56.44, which is notably lower than the national median of $64.50. This hourly rate appeals to professionals in various settings, including insurance company actuarial pricing departments and consulting firm engagements. Part-time actuaries working three days a week can expect a comfortable income with flexible hours, making the profession attractive for those who seek work-life balance. The hourly range for this role spans from $36.68 at the entry level to $84.68 for more experienced professionals. As official data from the Bureau of Labor Statistics (BLS) indicates for 2026, actuaries in Colorado Springs have the opportunity to thrive within a supportive work environment while enjoying competitive hourly rates linked to their experience and expertise.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.68 | $293.42 |
| Lower Range (P25) | $44.88 | $359.05 |
| Median (P50) | $56.44 | $451.52 |
| Upper Range (P75) | $78.12 | $624.98 |
| Top Earners (P90) | $84.68 | $677.40 |
Estimated Annual Income by Work Schedule in Colorado Springs
Based on $56.44/hr median hourly rate · 2026 est.
At $56.44/hr, a actuary working full-time (40 hr/wk) in Colorado Springs, CO can expect to earn approximately $117,395 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $67,728. With a cost-of-living index of 100.71 (above the national average), these earnings may be offset by higher expenses in Colorado Springs.
Hourly Rate Calculator
Schedule Comparison in Colorado Springs
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,257.60 | $9,783 | $117,395 |
| Part-Time (24 hrs) | $1,354.56 | $5,870 | $70,437 |
| Per Diem (16 hrs) | $903.04 | $3,913 | $46,958 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Colorado Springs) | $56.44 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Colorado Springs, CO earn a median of $117,400 per year (2026 est.), which is 12.49% lower than the national median of $134,160 and 16.70% below the Colorado state average of $140,937.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.44/hr = $70,437/year (purchasing power: $69,943).
Working 40h/week (full-time) = $117,395/year (purchasing power: $116,571).
CoL index: 100.707 (100 = national average).
2019 BLS Actual
$45.58/hr
2025 BLS Actual
$54.69/hr
2026 Current Est.
$56.44/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Colorado Springs (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.58/hr | Actual |
| 2020 | $46.71/hr | Actual |
| 2021 | $44.55/hr | Actual |
| 2022 | $47.95/hr | Actual |
| 2023 | $50.48/hr | Actual |
| 2024 | $64.45/hr | Actual |
| 2025 | $54.69/hr | Actual |
| 2026(current) | $56.44/hr | Estimated |
| 2027 | $58.25/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Colorado Springs grew 20.0% from $45.58/hr (2019) to $54.69/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.25/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Colorado Springs metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Actuary in Colorado Springs
Examining part-time potential, an actuary working 24 hours a week could take home about $70,300 annually, a substantial difference compared to a full-time equivalent. For those seeking per-diem actuary pay in Colorado Springs, it's essential to consider that while junior actuaries rarely engage in 1099 work, seasoned professionals may bill between $250 and $500 per hour for consulting projects. The variation in hourly rates can also be attributed to employer types: life insurance firms like MetLife or Prudential, health insurance entities such as UnitedHealth, and consulting giants like Mercer often provide differing compensations. Furthermore, many actuaries may opt for lower hourly rates to gain benefits like health insurance, while others may prefer higher pay without additional perks. To negotiate effectively, it’s advantageous to emphasize specialized skills, such as predictive analytics, which remain increasingly sought after across the field.
More salary data for Colorado Springs, CO:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Colorado Springs. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 2-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov