Can a Actuary afford to live in Minneapolis?
Excellent57% of take-home left to save — you can save aggressively here.
Median salary (gross)
Actuary · Minneapolis
$125,960
Income tax (~33% effective)
United States
– $41,688
Take-home pay
$7,023/mo
$84,272
Living costs (1 person)
$3,020/mo · derived
– $36,240
Savings potential
$4,003/mo · 57% of take-home
$48,032
Single professional, after-tax. Salary − tax − living costs = what you could save each year.
Full salary breakdown →Is this a good salary in Minneapolis? →Compare Minneapolis with another city →
How we calculated this
• Salary: BLS OEWS 2025 metro-area survey median for Actuary, adjusted for Minneapolis.
• Tax: United States single-filer effective rate (~33%). Official calculator.
• Living costs: derived from cost-of-living index for a single professional.
Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.