Actuary Pay

Augusta vs Bangor: Actuary Salary (2026)

Compare actuary salaries between Augusta, ME and Bangor, ME. All figures are 2026 estimates projected from BLS 2025 data.

Augusta, ME
$126,003
$60.58/hr
Bangor, ME
$127,878
$61.48/hr

Side-by-Side Comparison

MetricAugusta, MEBangor, ME
Median Salary$126,003$127,878
Hourly Rate$60.58$61.48
Entry Level (P10)$83,632$82,605
25th Percentile$98,581$98,751
75th Percentile$161,284$163,684
Top Earner (P90)$195,305$198,211
Total Employed46
Side-by-side bar chart comparing Augusta ($126,003) and Bangor ($127,878) actuary salaries.AugustaBangorMedian Salary$126,003$127,878Entry Level (P10)$83,632$82,605Top Earner (P90)$195,305$198,211US Median $134,160

Verdict

Bangor, ME offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Augusta.

The salary gap between Augusta and Bangor is $1,875 (1.49%). Bangor's median is -4.68% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Augusta spans $111,673,Bangor spans $115,606. Bangor has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.

Augusta
P10 (Entry)$83,632
P25$98,581
Median$126,003
P75$161,284
P90 (Top)$195,305
Bangor
P10 (Entry)$82,605
P25$98,751
Median$127,878
P75$163,684
P90 (Top)$198,211

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Bangor ($128,392 effective) pays 1.49% more than Augusta ($126,509 effective).

Augusta
Nominal: $126,003
CoL Index: 99.6
Adjusted: $126,509
Bangor
Nominal: $127,878
CoL Index: 99.6
Adjusted: $128,392

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Augusta if…

  • You prefer the Maine area and lifestyle

Choose Bangor if…

  • Higher median salary ($127,878/year)
  • Better top-earner potential ($198,211)
  • Larger job market (6 employed)
  • Better purchasing power (CoL-adjusted: $128,392)
  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Augusta grew 13.0% from 2024 to 2025, compared to 13.0% growth in Bangor over the same period.

Augusta, ME

+13.0%

$108,008 (2024) → $122,096 (2025)

Bangor, ME

+13.0%

$109,615 (2024) → $123,913 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Augusta or Bangor?

Bangor has a higher median actuary salary at $127,878/year, compared to Augusta at $126,003/year — a difference of $1,875 (1.49%).

What is the hourly rate difference between Augusta and Bangor?

Augusta actuarys earn $60.58/hr while Bangor hygienists earn $61.48/hr (2026 est.).

Should I relocate from Augusta to Bangor as a actuary?

Consider more than just salary when comparing Augusta and Bangor. Factor in cost of living (CoL-adjusted: Augusta = $126,509, Bangor = $128,392), job availability (4 vs 6 employed), commute, and career growth potential.

What do entry-level actuarys earn in Augusta vs Bangor?

Entry-level (10th percentile) actuarys earn $83,632 in Augusta and $82,605 in Bangor. The Augusta area offers higher starting salaries.
MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.20% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov