Miami vs Palm Bay: Actuary Salary (2026)
Compare actuary salaries between Miami, FL and Palm Bay, FL. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Miami, FL | Palm Bay, FL |
|---|---|---|
| Median Salary | $144,284▲ | $130,155 |
| Hourly Rate | $69.37▲ | $62.57 |
| Entry Level (P10) | $87,813▲ | $81,392 |
| 25th Percentile | $107,999▲ | $99,103 |
| 75th Percentile | $175,977▲ | $166,598 |
| Top Earner (P90) | $216,390▲ | $201,739 |
| Total Employed | 310▲ | 29 |
Verdict
Miami, FL offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Palm Bay.
The salary gap between Miami and Palm Bay is $14,129 (10.86%). Miami's median is +7.55% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Miami spans $128,577,Palm Bay spans $120,347. Miami has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Palm Bay ($129,122 effective) pays 2.16% more than Miami ($126,393 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Miami if…
- ✓Higher median salary ($144,284/year)
- ✓Better top-earner potential ($216,390)
- ✓Larger job market (310 employed)
- ✓You prefer the Florida area and lifestyle
Choose Palm Bay if…
- ✓Better purchasing power (CoL-adjusted: $129,122)
- ✓You prefer the Florida area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Miami grew 32.2% from 2019 to 2025, compared to 5.7% growth in Palm Bay over the same period.
Miami, FL
$105,750 (2019) → $139,810 (2025)
Palm Bay, FL
$119,369 (2024) → $126,119 (2025)
View Full Salary Data
Palm Bay, FL
Frequently Asked Questions
Which city pays actuarys more: Miami or Palm Bay?
What is the hourly rate difference between Miami and Palm Bay?
Should I relocate from Miami to Palm Bay as a actuary?
What do entry-level actuarys earn in Miami vs Palm Bay?
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