Actuary Salary in Boise, ID: $108,256 (2026)
Quick Answer:A full-time actuary in Boise, ID earns a median $108,256/year (≈ $52.04/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Boise's price level (5% below national, BEA RPP 95.3), that paycheck buys what $113,595 would nationally. Nominal pay sits 3.7% above the Idaho state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Boise, Idaho, can expect a median annual salary of $108,256. This figure positions Boise's actuary pay approximately 19.31% below the national median of $134,160, reflecting local market conditions and cost of living adjustments. Annual salaries for actuaries in the city can range from $62,788 at the 10th percentile to as much as $167,796 for those at the 90th percentile. Local estimates, derived from 2025 BLS data, highlight the consulting vs. insurer pay gradient that varies significantly at the FSA level, with top consulting firms such as Mercer and Milliman offering competitive compensation packages that can surpass those from traditional insurers. This differential indicates a landscape where career progression and specialty expertise become vital in determining earning potential.
About the Boise Market
Salary estimated from Idaho average ($105,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $62,788 | $30.19 |
| Lower Range (P25) | $77,944 | $37.47 |
| Median (P50)(typical) | $108,256 | $52.04 |
| Upper Range (P75) | $138,568 | $66.62 |
| Top Earners (P90) | $167,796 | $80.67 |
Median Salary Position
19.31% below the national average
2026 Salary Percentile Distribution in Boise
In Boise, ID, the actuary salary spread from the 10th to 90th percentile is $105,008 (2026 est.). At $108,256, the local median is 19.31% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Boise: You'd be in the lower-middle range
How Boise Actuary Pay Compares
Boise median: $108,256/year (2026)
| Compared To | Median Salary | Boise Pays |
|---|---|---|
| Idaho Average | $104,393 | +3.70% more |
| National Average | $134,160 | -19.31% less |
Actuarys in Boise, ID earn a median of $108,256 per year (2026 est.), which is 19.31% lower than the national median of $134,160 and 3.70% above the Idaho state average of $104,393.
Cost-of-Living Adjusted Salary
Boise has a cost of living 4.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Boise, ID has a cost-of-living index of 95.3 (below the national average of 100). A actuary earning $108,256 nominally has purchasing power equivalent to $113,595 in an average-cost city — an effective 4.93% boost.
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2019 BLS Actual
$87,429
2025 BLS Actual
$104,899
2026 Current Est.
$108,256
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Boise (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $87,429 | Actual |
| 2020 | $89,592 | Actual |
| 2021 | $85,452 | Actual |
| 2022 | $91,980 | Actual |
| 2023 | $96,830 | Actual |
| 2024 | $103,722 | Actual |
| 2025 | $104,899 | Actual |
| 2026(current) | $108,256 | Estimated |
| 2027 | $111,720 | Projected |
Based on 7 years of BLS OEWS data for the Boise metropolitan area, the median actuary salary grew 20.0% from $87,429 (2019) to $104,899 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $111,720 by 2027 — a total increase of $24,291 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Boise 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $62,788 – $77,944 |
| 3-5 years (Mid Career) | $77,944 – $108,256 |
| 5+ years (Experienced) | $108,256 – $138,568 |
| 10+ years (Top Earner) | $138,568 – $167,796 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Boise
An interesting dynamic exists within Boise's job market, which is relatively small but stable, employing around 60 actuaries. Although the cost of living index sits at 95.3, which is below the national average, it allows actuaries in Boise to maintain a favorable purchasing power compared to other cities with higher living expenses. Employers in the area include key players in various sectors, such as life insurance companies like Prudential and MetLife, as well as consulting firms like Aon and WTW, who generally pay at the higher end of the salary scale. The wide range between entry and top salaries in Boise results from several factors, including the differences in credential levels, exam progression, and the specialization of work performed. To maximize earning potential in this market, actuaries should focus on obtaining relevant qualifications, such as pursuing the FSA designation, and consider roles in high-demand areas like predictive analytics to increase their competitiveness and salary offers.
More salary data for Boise, ID:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $104,899 for actuariesin the Boise metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Boise 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