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Actuarial Science Degree in Bloomington, IN — Salary & ROI 2026

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

Starting Salary

$42K

COL-adjusted

Mid-Career

$100K

COL-adjusted

ROI Payback

7.6 yrs

in Bloomington

Cost of Living

83

index (100 = avg)

Actuarial Science in Bloomington, IN Overview

While Bloomington has a smaller college scene with 5 institutions, Actuarial Science students benefit from lower tuition costs. Room and board averages $12,831/year, and the car-friendly layout shapes the student experience. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Bloomington is approximately $41,500, growing to $99,600 by mid-career.

Category

STEM

Local Colleges

5

Public Tuition

$10,948/yr

Private Tuition

$35,439/yr

Room & Board

$12,831/yr

Avg Fin. Aid

$13,996/yr

Unemployment

5.2%

Graduation Rate

64%

Actuarial Science Salary in Bloomington (COL-Adjusted)

Salaries adjusted for Bloomington's cost of living index of 83 (national average = 100).

Entry Level (0-2 yrs)
$41,500($-8,500 vs national)
Mid Career (5-9 yrs)
$99,600($-20,400 vs national)
Senior Level (15+ yrs)
$128,650($-26,350 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Bloomington adjustment factor: 0.83x based on the local cost of living index.

Actuarial Science ROI Calculator for Bloomington

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

Public avg: $10,948 | Private avg: $35,439

Bloomington avg aid: $13,996/yr

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

Total Education Cost

$95,116

tuition + room & board - aid

Annual Earnings Premium

$12,450

vs HS diploma in Bloomington

ROI Payback Period

7.6 years

to break even

Lifetime Return in Bloomington

$776,384

Lifetime earnings premium ($871,500) minus total education cost ($95,116)

Student Loan Payoff for Actuarial Science in Bloomington

Standard Plan (10 years)

Loan Amount$95,116
Monthly Payment$1,080
Total Interest$34,487
% of Monthly Income31%

Aggressive Plan (5 years)

Loan Amount$95,116
Monthly Payment$1,861
Total Interest$16,547
Interest Savings$17,940

Colleges in Bloomington for Actuarial Science

Indiana University Bloomington

public

$10,948/yr

$43,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Bloomington

$4,540/yr

Top Employers for Actuarial Science in Bloomington

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

AonMercerMillimanDeloitteMetLife

Key Bloomington 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 Bloomington — 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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