Pay by Role
Finance & Business · Colombia

Actuary Salary in Medellín, CO

The average actuary in Medellín, CO earns $35,283 per year — about $2,499 /mo after a simplified national tax estimate. Actuaries use statistics to measure and price financial risk, especially in insurance.

Showing amounts in USD (USD default; source data is COP). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

After tax?

$29,990/yr

~15% effective national income tax on the median. Excludes most payroll/social levies and local taxes.

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Afford rent?

$1,650/mo 1BR

About 66% of estimated take-home — budget looks tight with ~$1,001 short /mo after modeled costs. Modeled, not a listing.

Cost of living calculator →

Compared with…?

% vs Medellín median (FX-adjusted abroad).

Average salary
$35,283
gross / year
Est. take-home
$29,990
~15% effective tax
Hourly equivalent
$17.01
based on 2,080 hrs/yr
vs. Colombia avg
-36%
below average

Gross salary figures come from public labour-market data. Take-home, rent, savings, inflation, and trends are simplified models for research — not payroll, listings, or immigration advice. Methodology.

Actuary salary range in Medellín

Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Medellín, CO.

$19,56110TH$25,87625TH$35,283MEDIAN$48,10575TH$63,62890TH
Estimated pay distribution — the curve peaks at the median and widens with the pay range.
PercentileAnnual salary
10th percentile (entry)$19,561
25th percentile$25,876
Median (50th)typical$35,283
75th percentile$48,105
90th percentile (senior)$63,628

How does your salary compare?

Enter what you earn (or an offer) to see where it ranks for a actuary in Medellín, CO.

Your percentile
50th

$35,283 puts you in the 50th percentile. You earn more than about 50% of actuarys in Medellín, CO. That’s right around the typical pay for this role.

$19,561$35,283$63,628

Salary insights

A typical actuary in Medellín, CO earns about $ 115.600.000 a year and pays about 36% below the Colombia average. Living costs sit near the global baseline (COL index 100). After a simplified tax estimate, typical rent, and everyday costs, the median paycheck looks tight — higher senior pay or lower housing costs would matter a lot here. Relative to the national median (a common remote/location-flexible benchmark), this city pays less by about 36%. An illustrative model tied to local inflation and the role’s outlook suggests pay has risen about 33% over the last few years. Treat every figure as an estimate for research — not a personal offer or immigration advice.

Data-grounded summary from this page’s pay, COL, tax, and trend models — not a generative essay unrelated to the figures.

Cost of living, rent & savings

Medellín’s cost of living is 100 vs. a baseline of 100 (US national average). After adjusting for local prices, the median actuary salary is worth about $35,283 in baseline-priced terms.

Est. rent (1BR)
$1,650/mo
Other living costs
$1,850/mo
Savings potential
-$1,001/mo after tax & costs

Rent and leftover use a COL-scaled single-adult model and the same simplified tax estimate as above (Flat ~15% effective-rate estimate. Rough national income-tax estimate; excludes social security, local taxes, and credits.). Adjust assumptions in the COL calculator.

Inflation

Approximate recent consumer-price inflation in Colombia is about 5.2% per year. Use the inflation calculator to adjust a past salary or offer for purchasing power.

Remote equivalent

The Colombia national median for this role is about $55,189— a common benchmark for remote or location-flexible offers. Local Medellín pay is 36% lower.

Historical trend

Illustrative median pay over the last few years — about +33% across the window.

$26,518
2022
$28,481
2023
$30,588
2024
$32,852
2025
$35,283
2026

Illustrative model based on approximate inflation and the role’s long-term outlook — not a surveyed year-by-year history.

Visa information

Employer-sponsored work visa

Skilled foreign workers usually need a job offer and an employer-sponsored work authorisation. Rules, quotas, and salary thresholds change often — confirm on the official government immigration site before relocating.

Difficulty for typical skilled hires: moderate. General orientation only — confirm on the official Colombia immigration site before relocating or accepting an offer.

Compare Actuary pay

See how a actuary stacks up against similar finance & business roles in Colombia.

What’s your take-home?

Calculator opens with this page’s median ($35,283) and Colombia tax model — tweak hours, period, or offer amount.

Actuary salary in other Colombia cities

Same role, different city — % gap is vs Medellín.

CityMedian
Cali, CO$55,189/yr
Barranquilla, CO$55,189/yr
Cartagena, CO$55,189/yr
Cúcuta, CO$55,189/yr
Soacha, CO$55,189/yr
Bucaramanga, CO$55,189/yr
Ibagué, CO$55,189/yr
Santa Marta, CO$55,189/yr

Actuary salary in other countries

Capital/largest city sample for each market. % gap converts foreign medians into COP before comparing with Medellín.

CountryLocal median
Switzerland flagSwitzerlande.g. Zürich$232,302/yr
Norway flagNorwaye.g. Oslo$201,456/yr
United States flagUnited Statese.g. Los Angeles$196,000/yr
Israel flagIsraele.g. Jerusalem$181,636/yr
Denmark flagDenmarke.g. Copenhagen$172,753/yr
Australia flagAustraliae.g. Sydney$169,329/yr
Belgium flagBelgiume.g. Brussels$156,252/yr
United Kingdom flagUnited Kingdome.g. London$152,612/yr
Netherlands flagNetherlandse.g. Rotterdam$151,690/yr
Singapore flagSingaporee.g. Singapore$147,008/yr

Related Finance & Business jobs in Medellín

Job openings & next moves

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Browse live job openings for this role, or close the skills gap that separates the median from the top percentiles.

Calculators and comparisons to dig into take-home pay, living costs, and period conversions.

Frequently asked questions

What is the average actuary salary in Medellín, CO?
The average actuary salary in Medellín, CO is about $ 115.600.000 per year, or roughly $ 55.720,00 per hour.
What is the salary range for a actuary in Medellín, CO?
Most actuary salaries in Medellín, CO fall between $ 64.090.000 (entry level) and $ 208.470.000 (senior level). The 25th–75th percentile band is $ 84.780.000 to $ 157.610.000.
How much does a actuary make per month in Medellín, CO?
A typical actuary in Medellín, CO earns about $ 9.633.300 per month before tax, based on the annual median of $ 115.600.000.
How does Medellín, CO pay compare to the Colombia average?
Medellín, CO pays about 36% below the Colombia average for a actuary.
What is the cost-of-living-adjusted actuary salary in Medellín, CO?
After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median actuary salary in Medellín, CO is worth roughly $ 115.600.000 in US-baseline terms.
What skills do actuarys need?
Common skills for a actuary include Statistics, Modeling, Probability, Excel, Reporting. Actual requirements vary by employer and seniority.
Is actuary a growing career?
Employment for actuary roles is projected to change by about +22% over the next decade. Local demand in Medellín, CO can differ from the national outlook.
What is take-home pay for a actuary in Medellín, CO?
A simplified national income-tax estimate puts median take-home near $ 98.260.000 per year (about $ 8.188.300 per month), or roughly 15% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
How much rent might a actuary pay in Medellín, CO?
A modeled modest 1-bedroom runs about $ 5.406.020 per month in Medellín, CO, scaled from a US baseline by the local cost-of-living index (100). Actual listings vary by neighborhood and size.
Where do these Medellín, CO salary figures come from?
Figures on Pay by Role are aggregated from public labour-market salary APIs, shown in COP, and refreshed periodically. They are estimates for informational purposes only and are not a guarantee of individual pay.