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Actuarial Science Degree in Anchorage, AK — Salary & ROI 2026

Actuarial Science degree analysis for Anchorage, AK. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$61K

COL-adjusted

Mid-Career

$145K

COL-adjusted

ROI Payback

6 yrs

in Anchorage

Cost of Living

121

index (100 = avg)

Actuarial Science in Anchorage, AK Overview

Anchorage, Alaska (pop. 291,247) has 18 colleges offering Actuarial Science programs. The local cost of living index of 121 is higher than average, so budget accordingly, with average rent near campus at $1,400/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Anchorage is approximately $60,500, growing to $145,200 by mid-career.

Category

STEM

Local Colleges

18

Public Tuition

$8,100/yr

Private Tuition

$24,000/yr

Room & Board

$19,313/yr

Avg Fin. Aid

$15,634/yr

Unemployment

3%

Graduation Rate

58%

Actuarial Science Salary in Anchorage (COL-Adjusted)

Salaries adjusted for Anchorage's cost of living index of 121 (national average = 100).

Entry Level (0-2 yrs)
$60,500(+$10,500 vs national)
Mid Career (5-9 yrs)
$145,200(+$25,200 vs national)
Senior Level (15+ yrs)
$187,550(+$32,550 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Anchorage adjustment factor: 1.21x based on the local cost of living index.

Actuarial Science ROI Calculator for Anchorage

Estimate your return on investment for a Actuarial Science degree using local Anchorage tuition and cost of living data.

Public avg: $8,100 | Private avg: $24,000

Anchorage avg aid: $15,634/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$109,652

tuition + room & board - aid

Annual Earnings Premium

$18,150

vs HS diploma in Anchorage

ROI Payback Period

6 years

to break even

Lifetime Return in Anchorage

$1,160,848

Lifetime earnings premium ($1,270,500) minus total education cost ($109,652)

Student Loan Payoff for Actuarial Science in Anchorage

Standard Plan (10 years)

Loan Amount$109,652
Monthly Payment$1,245
Total Interest$39,757
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$109,652
Monthly Payment$2,145
Total Interest$19,076
Interest Savings$20,681

Colleges in Anchorage for Actuarial Science

University of Alaska Anchorage

public

$8,100/yr

$32,400 total

Alaska Pacific University

private

$24,000/yr

$96,000 total

Community Colleges (2-Year Transfer)

UAA Community Campus

$4,300/yr

Top Employers for Actuarial Science in Anchorage

Anchorage offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:

AonMercerMillimanDeloitteMetLife

Key Anchorage Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Actuarial Science Job Titles

ActuaryRisk AnalystInsurance Underwriter

Actuarial Science Degree in Anchorage — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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