Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary in Indiana: Cost of Living Adjusted (2024)

What does a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-06

Nominal Salary
$50,110
Median annual (2024)
+8.9%
Real Purchasing Power
$54,586
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic earning $50,110 in Indiana has the equivalent purchasing power of $54,586 in an average-cost US state.

IN: 91.8
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

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) $38,590 $42,037 +$3,447
25th Percentile (P25) $45,440 $49,498 +$4,058
Median (P50) $50,110 $54,586 +$4,476
75th Percentile (P75) $65,590 $71,448 +$5,858
90th Percentile (P90) $65,680 $71,546 +$5,866
Key Insight

A Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indiana earns $50,110 on paper, but low living costs mean your money goes 9% further — like earning $54,586 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic (After Cost of Living)

Where does Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$69,381
RPP 90.6
$59,797
RPP 88.8
3. Maine
$59,037
RPP 100.8
$56,701
RPP 106.4
$56,446
RPP 92.3
$55,914
RPP 109.4
7. Iowa
$54,932
RPP 88.4
$54,851
RPP 91.1
9. Indiana
$54,586
RPP 91.8
10. Colorado
$54,496
RPP 102.3

Indiana ranks #9 out of 41 states for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic after cost-of-living adjustment.

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How much do you actually take home? See Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic take-home pay in Indiana after taxes →

Frequently Asked Questions

What is the real salary for a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indiana after cost of living?

A Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indiana earns a median salary of $50,110 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $54,586 — a +8.9% difference.

Is Indiana expensive to live in?

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).

What are Regional Price Parities (RPP)?

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.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indiana: $50,110 x (100 / 91.8) = $54,586. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indiana financially?

From a purchasing power perspective, yes. A Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic 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.

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