What does a Industrial Machinery Mechanics salary really buy you in Indiana?
Indiana is 8.2% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-06
Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Industrial Machinery Mechanics earning $62,840 in Indiana has the equivalent purchasing power of $68,453 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Indiana's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $45,660 | $49,738 | +$4,078 |
| 25th Percentile (P25) | $51,300 | $55,882 | +$4,582 |
| Median (P50) | $62,840 | $68,453 | +$5,613 |
| 75th Percentile (P75) | $77,990 | $84,956 | +$6,966 |
| 90th Percentile (P90) | $82,690 | $90,076 | +$7,386 |
A Industrial Machinery Mechanics in Indiana earns $62,840 on paper, but low living costs mean your money goes 9% further — like earning $68,453 in an average-cost state. This makes Indiana one of the best value states for this occupation.
Where does Industrial Machinery Mechanics salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Indiana ranks #9 out of 51 states for Industrial Machinery Mechanics after cost-of-living adjustment.
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How much do you actually take home? See Industrial Machinery Mechanics take-home pay in Indiana after taxes →
A Industrial Machinery Mechanics in Indiana earns a median salary of $62,840 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $68,453 — a +8.9% difference.
Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana is 91.8 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Industrial Machinery Mechanics in Indiana: $62,840 x (100 / 91.8) = $68,453. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Industrial Machinery Mechanics in Indiana enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.