Actuary · Salary Comparison · 2026
Actuary Salary: Minneapolis, MN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Actuarys in Minneapolis, MN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$111,000 vs $148,000
Better Purchasing Power
✓ Minneapolis, MN
$100,000 vs $79,144
Best Take-Home (COL-Adj)
✓ Minneapolis, MN
$86,117 vs $68,120
2
Detailed Comparison
| Metric | Minneapolis, MN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $111,000 | $148,000▲ | -$37,000 |
| 25th Percentile | $85,470 | $113,960▲ | -$28,490 |
| 75th Percentile | $142,080 | $189,440▲ | -$47,360 |
| 90th Percentile | $177,600 | $236,800▲ | -$59,200 |
| Cost of Living Index | 111 | 187 | -76 |
| State Income Tax | 6.8%▲ | 6.85% | -0.04999999999999982% |
| COL-Adjusted Median | $100,000▲ | $79,144 | +$20,856 |
| Est. Annual Take-Home | $95,590 | $127,384▲ | -$31,794 |
| COL-Adj. Take-Home | $86,117▲ | $68,120 | +$17,997 |
| Total Employment | 17,600 | 54,400 | -36,800 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $37,000 more (median: $111,000 vs $148,000). However, after adjusting for cost of living (index 111 vs 187), Minneapolis, MN provides better purchasing power ($100,000 vs $79,144 equivalent). Minneapolis, MN has the lower state tax rate (6.8% 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.