Actuary Hourly Pay in Great Falls, MT: $50.42 (2026)
Quick Answer:Hourly pay for a actuary working in Great Falls, MT runs $50.42 at the median for 2026 — annualizing to $104,880 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Great Falls's regional price level (BEA RPP 96.2, 4% below national), each hour of work buys what $52.42 nationally would. A 24-hour part-time schedule grosses $62,929 per year.
Based on BLS state-level estimates · View source
In Great Falls, Montana, actuaries are projected to earn a median hourly pay of $50.42 in 2026, significantly lower than the national median of $64.50. This discrepancy reflects the region's unique economic profile and may have implications for part-time roles. For example, a part-time actuary working three days a week might expect a substantial income based on this hourly rate while maintaining a flexible schedule. The hourly range for actuaries in Great Falls spans from $29.25 at the entry-level up to $78.15 for seasoned professionals, indicating a notable pay progression tied to experience and credentials. Such earnings allow for a balanced lifestyle, whether in conventional office settings like insurance companies or through remote actuarial modeling work.
About the Great Falls Market
Salary estimated from Montana average ($105,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $29.25 | $233.98 |
| Lower Range (P25) | $36.58 | $292.68 |
| Median (P50) | $50.42 | $403.39 |
| Upper Range (P75) | $64.54 | $516.33 |
| Top Earners (P90) | $78.15 | $625.23 |
Estimated Annual Income by Work Schedule in Great Falls
Based on $50.42/hr median hourly rate · 2026 est.
At $50.42/hr, a actuary working full-time (40 hr/wk) in Great Falls, MT can expect to earn approximately $104,881 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $60,508. With a cost-of-living index of 96.20 (below the national average), these earnings stretch further in Great Falls.
Hourly Rate Calculator
Schedule Comparison in Great Falls
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,016.94 | $8,740 | $104,881 |
| Part-Time (24 hrs) | $1,210.16 | $5,244 | $62,929 |
| Per Diem (16 hrs) | $806.78 | $3,496 | $41,952 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Great Falls) | $50.42 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Great Falls, MT earn a median of $104,880 per year (2026 est.), which is 21.82% lower than the national median of $134,160 and 0.30% below the Montana state average of $105,196.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $50.42/hr = $62,929/year (purchasing power: $65,414).
Working 40h/week (full-time) = $104,881/year (purchasing power: $109,024).
CoL index: 96.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$40.72/hr
2025 BLS Actual
$48.86/hr
2026 Current Est.
$50.42/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Great Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $40.72/hr | Actual |
| 2020 | $41.73/hr | Actual |
| 2021 | $39.80/hr | Actual |
| 2022 | $42.84/hr | Actual |
| 2023 | $45.10/hr | Actual |
| 2024 | $48.43/hr | Actual |
| 2025 | $48.86/hr | Actual |
| 2026(current) | $50.42/hr | Estimated |
| 2027 | $52.04/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Great Falls grew 20.0% from $40.72/hr (2019) to $48.86/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $52.04/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 Great Falls 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 Great Falls
Considering a 24-hour work week, a part-time actuary in Great Falls would bring home approximately $39,292 annually, contrasting with the higher potential earnings of their full-time counterparts. For established actuaries, per-diem or consulting engagements, especially those requiring fellowship credentials, can lead to more lucrative pay—ranging between $250 to $500 per hour for specialized work, such as financial modeling or expert witness testimony. Actuaries in Great Falls may see variances in hourly rates based on employers; major life insurance firms and consulting entities often offer greater compensation than local health insurers. The trade-off between hourly pay and benefits is a vital consideration—some actuaries might opt for lower hourly rates in exchange for comprehensive health benefits. For those negotiating their pay, awareness of the specific sector's compensation trends is crucial to securing a fair rate that reflects their experience and skills.
More salary data for Great Falls, MT:
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 Great Falls. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Great Falls is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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