Indianapolis vs Schererville: Actuary Salary (2026)
Compare actuary salaries between Indianapolis, IN and Schererville, IN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Indianapolis, IN | Schererville, IN |
|---|---|---|
| Median Salary | $104,273 | $120,149▲ |
| Hourly Rate | $50.13 | $57.76▲ |
| Entry Level (P10) | $69,650 | $72,587▲ |
| 25th Percentile | $84,056 | $93,719▲ |
| 75th Percentile | $135,306 | $152,432▲ |
| Top Earner (P90) | $144,150 | $186,231▲ |
| Total Employed | 490▲ | 7 |
Verdict
Schererville, IN offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Indianapolis.
The salary gap between Indianapolis and Schererville is $15,876 (15.23%). Schererville's median is -10.44% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Indianapolis spans $74,500,Schererville spans $113,644. Schererville has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Schererville ($131,598 effective) pays 20.77% more than Indianapolis ($108,963 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Indianapolis if…
- ✓Larger job market (490 employed)
- ✓You prefer the Indiana area and lifestyle
Choose Schererville if…
- ✓Higher median salary ($120,149/year)
- ✓Better top-earner potential ($186,231)
- ✓Better purchasing power (CoL-adjusted: $131,598)
- ✓You prefer the Indiana area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Indianapolis grew 1.7% from 2019 to 2025, compared to 13.0% growth in Schererville over the same period.
Indianapolis, IN
$99,370 (2019) → $101,040 (2025)
Schererville, IN
$102,990 (2024) → $116,423 (2025)
View Full Salary Data
Indianapolis, IN
Schererville, IN
Frequently Asked Questions
Which city pays actuarys more: Indianapolis or Schererville?
What is the hourly rate difference between Indianapolis and Schererville?
Should I relocate from Indianapolis to Schererville as a actuary?
What do entry-level actuarys earn in Indianapolis vs Schererville?
Related Comparisons
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.
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