Actuary Hourly Pay in Honolulu, HI: $60.08 (2026)
Quick Answer:Hourly pay for a actuary working in Honolulu, HI runs $60.08 at the median for 2026 — annualizing to $124,966 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Honolulu's regional price level (BEA RPP 119.3, 19% above national), each hour of work buys what $50.36 nationally would. A 24-hour part-time schedule grosses $74,984 per year.
Based on BLS state-level estimates · View source
In Honolulu, HI, actuaries earn a median hourly rate of $60.08, which is slightly lower than the national median of $64.50. This rate provides a solid foundation for both full-time and part-time professionals within actuarial roles, such as those working in insurance company pricing departments or consulting firms. For part-time actuaries working three days a week, the flexibility allows for a balanced lifestyle while still generating a respectable income. Those at the lower end of the pay scale can expect around $34.85 per hour, while the most experienced professionals in senior positions may earn up to $93.13 per hour. These hourly figures are projected based on estimates derived from 2025 BLS data, making them a useful benchmark for actuaries assessing job offers in Hawaii's specialized market.
About the Honolulu Market
Salary estimated from Hawaii average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.85 | $278.81 |
| Lower Range (P25) | $43.26 | $346.09 |
| Median (P50) | $60.08 | $480.66 |
| Upper Range (P75) | $76.90 | $615.24 |
| Top Earners (P90) | $93.13 | $745.02 |
Estimated Annual Income by Work Schedule in Honolulu
Based on $60.08/hr median hourly rate · 2026 est.
At $60.08/hr, a actuary working full-time (40 hr/wk) in Honolulu, HI can expect to earn approximately $124,973 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,100. With a cost-of-living index of 119.30 (above the national average), these earnings may be offset by higher expenses in Honolulu.
Hourly Rate Calculator
Schedule Comparison in Honolulu
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,403.32 | $10,414 | $124,973 |
| Part-Time (24 hrs) | $1,441.99 | $6,249 | $74,984 |
| Per Diem (16 hrs) | $961.33 | $4,166 | $49,989 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Honolulu) | $60.08 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Honolulu, HI earn a median of $124,966 per year (2026 est.), which is 6.85% lower than the national median of $134,160 and 6.40% above the Hawaii state average of $117,449.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.08/hr = $74,984/year (purchasing power: $62,853).
Working 40h/week (full-time) = $124,973/year (purchasing power: $104,755).
CoL index: 119.3 (100 = national average).
2019 BLS Actual
$48.52/hr
2025 BLS Actual
$58.22/hr
2026 Current Est.
$60.08/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Honolulu (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.52/hr | Actual |
| 2020 | $49.72/hr | Actual |
| 2021 | $47.43/hr | Actual |
| 2022 | $51.05/hr | Actual |
| 2023 | $53.74/hr | Actual |
| 2024 | $72.02/hr | Actual |
| 2025 | $58.22/hr | Actual |
| 2026(current) | $60.08/hr | Estimated |
| 2027 | $62.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Honolulu grew 20.0% from $48.52/hr (2019) to $58.22/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.01/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Honolulu metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Actuary in Honolulu
For actuaries considering part-time opportunities in Honolulu, the annual earnings can vary significantly from those of full-time counterparts. A professional working 24 hours a week at the median hourly rate could earn around $74,993 annually, making a notable difference compared to full-time positions. While per diem actuary work is relatively uncommon for junior staff, those with Fellowship status, such as FSA or FCAS, can bill clients between $250 and $500 an hour for consulting engagements, with even higher rates of $400 to $800 for expert testimony in litigation contexts. Different employer types also influence pay; for example, life insurance firms like Prudential might offer competitive rates, while consulting firms such as Mercer or Aon typically pay higher due to the need for advanced qualifications and experience. Actuaries may sometimes prioritize higher hourly rates over benefits, especially in the consulting sector, thus complicating their employment choices. An effective strategy for negotiating hourly pay requires understanding market rates and being prepared to articulate one’s value, particularly in a city like Honolulu where the cost of living can impact compensation structures.
More salary data for Honolulu, HI:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Honolulu. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Honolulu is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov