Actuary · Salary Comparison · 2026
Actuary Salary: Minneapolis, MN vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Actuarys in Minneapolis, MN and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$111,000 vs $136,000
Better Purchasing Power
✓ Minneapolis, MN
$100,000 vs $83,951
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$86,117 vs $73,692
2
Detailed Comparison
| Metric | Minneapolis, MN | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $111,000 | $136,000▲ | -$25,000 |
| 25th Percentile | $85,470 | $104,720▲ | -$19,250 |
| 75th Percentile | $142,080 | $174,080▲ | -$32,000 |
| 90th Percentile | $177,600 | $217,600▲ | -$40,000 |
| Cost of Living Index | 111 | 162 | -51 |
| State Income Tax | 6.8% | 5%▲ | +1.7999999999999998% |
| COL-Adjusted Median | $100,000▲ | $83,951 | +$16,049 |
| Est. Annual Take-Home | $95,590 | $119,381▲ | -$23,791 |
| COL-Adj. Take-Home | $86,117▲ | $73,692 | +$12,425 |
| Total Employment | 17,600 | 33,600 | -16,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $25,000 more (median: $111,000 vs $136,000). However, after adjusting for cost of living (index 111 vs 162), Minneapolis, MN provides better purchasing power ($100,000 vs $83,951 equivalent). Boston, MA has the lower state tax rate (5% vs 6.8%).
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.