Job Salary Guide · 2026
Actuary Salary After Tax in Minneapolis
Based on BLS OEWS data · MN · Single filer
Actuary Salary Range
25th Percentile
$92,000
Take-home:
$67,312
$5,609/mo
Entry to mid-level
Median
$120,000
Take-home:
$84,905
$7,075/mo
Typical salary
75th Percentile
$158,000
Take-home:
$107,895
$8,991/mo
Senior / specialist
Tax Breakdown
At median salary of $120,000
Cost of Living in Minneapolis
1BR Monthly Rent
$1,600/mo
2BR Monthly Rent
$2,050/mo
COL Index
1.17
Comfortable Rent Max
$1,768/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $7,075 ($84,900/yr)
$3,538
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$2,123
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$1,415
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$42,450
Wants / year
$25,470
Savings / year
$16,980
Actuary Salary in Other Cities
Frequently Asked Questions
What is the average Actuary salary in Minneapolis?
The median Actuary salary in Minneapolis (MN) is $120,000 per year based on BLS OEWS data. The 25th percentile is $92,000 and the 75th percentile is $158,000.
What is the take-home pay for a Actuary in Minneapolis?
At the median salary of $120,000, a Actuary in MN takes home approximately $84,905 per year ($7,075/month) after federal and state taxes. The effective tax rate is 29.25%.
Can a Actuary afford rent in Minneapolis?
The average 1-bedroom rent in Minneapolis is $1,600/month. On the median Actuary salary, your rent-to-income ratio is 22.6%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($1,768/month at this salary).
How does cost of living affect Actuary salaries in Minneapolis?
Minneapolis has a cost-of-living index of 1.17 (1.00 = national average). Minneapolis is 17% more expensive than the US average, which reduces the real purchasing power of the Actuary salary.