Actuarial Science Degree in Bakersfield, CA — Salary & ROI 2026
Actuarial Science degree analysis for Bakersfield, CA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$67K
COL-adjusted
Mid-Career
$161K
COL-adjusted
ROI Payback
5 yrs
in Bakersfield
Cost of Living
134
index (100 = avg)
Actuarial Science in Bakersfield, CA Overview
Bakersfield, California (pop. 403,455) has 18 colleges offering Actuarial Science programs. The local cost of living index of 134 is higher than average, so budget accordingly, with average rent near campus at $1,090/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Bakersfield is approximately $67,000, growing to $160,800 by mid-career.
Category
STEM
Local Colleges
18
Public Tuition
$7,309/yr
Private Tuition
$35,366/yr
Room & Board
$18,003/yr
Avg Fin. Aid
$13,787/yr
Unemployment
6.3%
Graduation Rate
48%
Actuarial Science Salary in Bakersfield (COL-Adjusted)
Salaries adjusted for Bakersfield's cost of living index of 134 (national average = 100).
Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Bakersfield adjustment factor: 1.34x based on the local cost of living index.
Actuarial Science ROI Calculator for Bakersfield
Estimate your return on investment for a Actuarial Science degree using local Bakersfield tuition and cost of living data.
Public avg: $7,309 | Private avg: $35,366
Bakersfield avg aid: $13,787/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$101,248
tuition + room & board - aid
Annual Earnings Premium
$20,100
vs HS diploma in Bakersfield
ROI Payback Period
5 years
to break even
Lifetime Return in Bakersfield
$1,305,752
Lifetime earnings premium ($1,407,000) minus total education cost ($101,248)
Student Loan Payoff for Actuarial Science in Bakersfield
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Bakersfield for Actuarial Science
California State University, Bakersfield
public
$7,309/yr
$29,236 total
Community Colleges (2-Year Transfer)
Bakersfield College
$1,540/yr
Top Employers for Actuarial Science in Bakersfield
Bakersfield offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:
Key Bakersfield Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Actuarial Science Job Titles
Actuarial Science in Nearby California Cities
Los Angeles, CA
$71K starting · COL 141
69 colleges
San Diego, CA
$70K starting · COL 140
68 colleges
San Jose, CA
$65K starting · COL 129
95 colleges
San Francisco, CA
$57K starting · COL 114
22 colleges
Fresno, CA
$59K starting · COL 118
37 colleges
Sacramento, CA
$56K starting · COL 112
38 colleges
Long Beach, CA
$58K starting · COL 116
14 colleges
Oakland, CA
$66K starting · COL 132
13 colleges
Other STEM Majors in Bakersfield
Prompt Engineering
$67K starting · 1.5 yr ROI
Computational Linguistics
$127K starting · 2 yr ROI
Computer Science
$114K starting · 2.8 yr ROI
Software Engineering
$118K starting · 2.7 yr ROI
Data Science
$110K starting · 3 yr ROI
Cybersecurity
$107K starting · 3 yr ROI
Robotics Engineering
$67K starting · 3 yr ROI
Applied Mathematics
$67K starting · 3.5 yr ROI
Actuarial Science Degree in Bakersfield — 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.
Explore More
Compare Actuarial Science ROI in other cities, or explore other majors in Bakersfield.