Actuary · Salary Comparison · 2026
Actuary Salary: Chicago, IL vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Actuarys in Chicago, IL and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$113,000 vs $148,000
Better Purchasing Power
✓ Chicago, IL
$105,607 vs $79,144
Best Take-Home (COL-Adj)
✓ Chicago, IL
$92,751 vs $68,120
2
Detailed Comparison
| Metric | Chicago, IL | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $113,000 | $148,000▲ | -$35,000 |
| 25th Percentile | $87,010 | $113,960▲ | -$26,950 |
| 75th Percentile | $144,640 | $189,440▲ | -$44,800 |
| 90th Percentile | $180,800 | $236,800▲ | -$56,000 |
| Cost of Living Index | 107 | 187 | -80 |
| State Income Tax | 4.95%▲ | 6.85% | -1.8999999999999995% |
| COL-Adjusted Median | $105,607▲ | $79,144 | +$26,463 |
| Est. Annual Take-Home | $99,244 | $127,384▲ | -$28,140 |
| COL-Adj. Take-Home | $92,751▲ | $68,120 | +$24,631 |
| Total Employment | 28,000 | 54,400 | -26,400 |
▲ = Higher value wins for this metric. Diff = Chicago, IL minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $35,000 more (median: $113,000 vs $148,000). However, after adjusting for cost of living (index 107 vs 187), Chicago, IL provides better purchasing power ($105,607 vs $79,144 equivalent). Chicago, IL has the lower state tax rate (4.95% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.