Actuarial Science Degree in Minneapolis, MN — Salary & ROI 2026
Actuarial Science degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$49K
COL-adjusted
Mid-Career
$116K
COL-adjusted
ROI Payback
7.6 yrs
in Minneapolis
Cost of Living
97
index (100 = avg)
Actuarial Science in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Actuarial Science programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Minneapolis is approximately $48,500, growing to $116,400 by mid-career.
Category
STEM
Local Colleges
15
Public Tuition
$15,142/yr
Private Tuition
$45,823/yr
Room & Board
$12,394/yr
Avg Fin. Aid
$14,033/yr
Unemployment
4.4%
Graduation Rate
61%
Actuarial Science Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
Actuarial Science ROI Calculator for Minneapolis
Estimate your return on investment for a Actuarial Science degree using local Minneapolis tuition and cost of living data.
Public avg: $15,142 | Private avg: $45,823
Minneapolis avg aid: $14,033/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$110,144
tuition + room & board - aid
Annual Earnings Premium
$14,550
vs HS diploma in Minneapolis
ROI Payback Period
7.6 years
to break even
Lifetime Return in Minneapolis
$908,356
Lifetime earnings premium ($1,018,500) minus total education cost ($110,144)
Student Loan Payoff for Actuarial Science in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for Actuarial Science
University of Minnesota
public
$15,142/yr
$60,568 total
University of St. Thomas
private
$49,716/yr
$198,864 total
Augsburg University
private
$41,930/yr
$167,720 total
Community Colleges (2-Year Transfer)
Minneapolis College
$5,772/yr
Top Employers for Actuarial Science in Minneapolis
Minneapolis offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:
Key Minneapolis Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Actuarial Science Job Titles
Actuarial Science in Nearby Minnesota Cities
Saint Paul, MN
$51K starting · COL 101.5
11 colleges
St. Paul, MN
$54K starting · COL 108
20 colleges
Rochester, MN
$53K starting · COL 105
8 colleges
Duluth, MN
$50K starting · COL 100
5 colleges
Bloomington, MN
$50K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$49K starting · COL 98.8
4 colleges
Plymouth, MN
$54K starting · COL 107.3
4 colleges
Maple Grove, MN
$54K starting · COL 107.4
4 colleges
Other STEM Majors in Minneapolis
Prompt Engineering
$49K starting · 1.5 yr ROI
Computational Linguistics
$92K starting · 2 yr ROI
Computer Science
$82K starting · 2.8 yr ROI
Software Engineering
$85K starting · 2.7 yr ROI
Data Science
$80K starting · 3 yr ROI
Cybersecurity
$78K starting · 3 yr ROI
Robotics Engineering
$49K starting · 3 yr ROI
Applied Mathematics
$49K starting · 3.5 yr ROI
Actuarial Science Degree in Minneapolis — 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 Minneapolis.