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Actuarial Science Degree in Columbus, OH — Salary & ROI 2026

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

Starting Salary

$52K

COL-adjusted

Mid-Career

$124K

COL-adjusted

ROI Payback

6 yrs

in Columbus

Cost of Living

103

index (100 = avg)

Actuarial Science in Columbus, OH Overview

Columbus is one of Ohio's top college towns, with 31 institutions and a student population of 31,081. Public tuition averages $11,936/year here — well below the national average, making it a cost-effective choice. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Columbus is approximately $51,500, growing to $123,600 by mid-career.

Category

STEM

Local Colleges

31

Public Tuition

$11,936/yr

Private Tuition

$25,555/yr

Room & Board

$11,227/yr

Avg Fin. Aid

$15,971/yr

Unemployment

5%

Graduation Rate

59%

Actuarial Science Salary in Columbus (COL-Adjusted)

Salaries adjusted for Columbus's cost of living index of 103 (national average = 100).

Entry Level (0-2 yrs)
$51,500(+$1,500 vs national)
Mid Career (5-9 yrs)
$123,600(+$3,600 vs national)
Senior Level (15+ yrs)
$159,650(+$4,650 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Columbus adjustment factor: 1.03x based on the local cost of living index.

Actuarial Science ROI Calculator for Columbus

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

Public avg: $11,936 | Private avg: $25,555

Columbus avg aid: $15,971/yr

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

Total Education Cost

$92,652

tuition + room & board - aid

Annual Earnings Premium

$15,450

vs HS diploma in Columbus

ROI Payback Period

6 years

to break even

Lifetime Return in Columbus

$988,848

Lifetime earnings premium ($1,081,500) minus total education cost ($92,652)

Student Loan Payoff for Actuarial Science in Columbus

Standard Plan (10 years)

Loan Amount$92,652
Monthly Payment$1,052
Total Interest$33,593
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$92,652
Monthly Payment$1,813
Total Interest$16,119
Interest Savings$17,475

Colleges in Columbus for Actuarial Science

Ohio State University

public

$11,936/yr

$47,744 total

Capital University

private

$39,426/yr

$157,704 total

Franklin University

private

$11,683/yr

$46,732 total

Community Colleges (2-Year Transfer)

Columbus State Community College

$5,016/yr

Top Employers for Actuarial Science in Columbus

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

AonMercerMillimanDeloitteMetLife

Key Columbus 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 Columbus — 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 Columbus.

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