Actuary Hourly Pay in Albuquerque, NM: $56.68 (2026)
Quick Answer:Hourly pay for a actuary working in Albuquerque, NM runs $56.68 at the median for 2026 — annualizing to $117,895 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Albuquerque's regional price level (BEA RPP 94.4, 6% below national), each hour of work buys what $60.04 nationally would. A 24-hour part-time schedule grosses $70,733 per year.
Based on BLS state-level estimates · View source
In Albuquerque, NM, actuarial professionals earn a median hourly rate of $56.68, which falls below the national median of $64.50. This disparity reflects the broader economic landscape of the area, where actuaries may find themselves in roles within insurance company actuarial pricing departments, consulting firms, or remote modeling tasks. For part-time actuaries working three days a week, earning a competitive hourly rate can allow them to balance work and personal life while still bringing in substantial income. The hourly pay range is notable, spanning from $32.88 for entry-level positions to as high as $87.85 for experienced actuaries, demonstrating the diverse earning potential across the profession in Albuquerque.
About the Albuquerque Market
Salary estimated from New Mexico average ($108,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.88 | $263.04 |
| Lower Range (P25) | $40.81 | $326.44 |
| Median (P50) | $56.68 | $453.42 |
| Upper Range (P75) | $72.55 | $580.40 |
| Top Earners (P90) | $87.85 | $702.83 |
Estimated Annual Income by Work Schedule in Albuquerque
Based on $56.68/hr median hourly rate · 2026 est.
At $56.68/hr, a actuary working full-time (40 hr/wk) in Albuquerque, NM can expect to earn approximately $117,889 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,013. With a cost-of-living index of 94.40 (below the national average), these earnings stretch further in Albuquerque.
Hourly Rate Calculator
Schedule Comparison in Albuquerque
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,267.10 | $9,824 | $117,889 |
| Part-Time (24 hrs) | $1,360.26 | $5,894 | $70,733 |
| Per Diem (16 hrs) | $906.84 | $3,930 | $47,156 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Albuquerque) | $56.68 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Albuquerque, NM earn a median of $117,895 per year (2026 est.), which is 12.12% lower than the national median of $134,160 and 8.90% above the New Mexico state average of $108,260.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.68/hr = $70,733/year (purchasing power: $74,929).
Working 40h/week (full-time) = $117,889/year (purchasing power: $124,882).
CoL index: 94.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.77/hr
2025 BLS Actual
$54.92/hr
2026 Current Est.
$56.68/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Albuquerque (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.77/hr | Actual |
| 2020 | $46.91/hr | Actual |
| 2021 | $44.74/hr | Actual |
| 2022 | $48.16/hr | Actual |
| 2023 | $50.70/hr | Actual |
| 2024 | $53.38/hr | Actual |
| 2025 | $54.92/hr | Actual |
| 2026(current) | $56.68/hr | Estimated |
| 2027 | $58.49/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Albuquerque grew 20.0% from $45.77/hr (2019) to $54.92/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.49/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 Albuquerque 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 Albuquerque
For those considering a part-time schedule, the earnings can add up significantly; working 24 hours a week at an hourly rate translates to an annual figure that is still quite robust, although less than a full-time position. While per-diem and temporary actuarial roles are less common for those just starting their careers, seasoned professionals can command exceptional rates for consulting projects or expert witness engagements, billing anywhere from $250 to $800 per hour, depending on their qualifications and the complexity of the work. Hourly compensation also varies widely across different employer types, with life insurance companies, managed care firms, and consulting agencies like Mercer or Aon each offering distinct pay structures for actuaries. Some may opt for slightly lower hourly rates at organizations that provide comprehensive health benefits, illustrating the trade-offs between immediate pay and long-term security. Negotiation strategies tailored to Albuquerque’s market can further enhance an actuary's earning potential, particularly for those who can demonstrate specialized skills in high-demand areas like predictive analytics.
More salary data for Albuquerque, NM:
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 Albuquerque. 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 Albuquerque 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