AmericaByNumbers.com

Forging Machine Setters, Operators, and Tenders, Metal and Plastic Salary in Iowa: Cost of Living Adjusted (2024)

What does a Forging Machine Setters, Operators, and Tenders, Metal and Plastic salary really buy you in Iowa?

Iowa is 11.6% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$45,420
Median annual (2024)
+13.1%
Real Purchasing Power
$51,380
COL-adjusted (RPP=88.4)

Iowa Cost of Living Index

Iowa's Regional Price Parity (RPP) is 88.4, meaning prices are 11.6% lower the national average. A Forging Machine Setters, Operators, and Tenders, Metal and Plastic earning $45,420 in Iowa has the equivalent purchasing power of $51,380 in an average-cost US state.

IA: 88.4
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 Iowa's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $43,850 $49,604 +$5,754
25th Percentile (P25) $44,170 $49,966 +$5,796
Median (P50) $45,420 $51,380 +$5,960
75th Percentile (P75) $47,460 $53,687 +$6,227
90th Percentile (P90) $47,510 $53,744 +$6,234
Key Insight

A Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa earns $45,420 on paper, but low living costs mean your money goes 13% further — like earning $51,380 in an average-cost state. This makes Iowa one of the best value states for this occupation.

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

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

$66,778
RPP 89.4
$65,211
RPP 89.8
$63,096
RPP 88.8
$59,491
RPP 86.6
$58,483
RPP 108.8
6. Kansas
$56,555
RPP 90.0
$56,078
RPP 92.3
$55,338
RPP 109.4
9. Ohio
$54,863
RPP 91.5
10. Colorado
$54,731
RPP 102.3

Iowa ranks #19 out of 31 states for Forging Machine Setters, Operators, and Tenders, Metal and Plastic after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa after cost of living?

A Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa earns a median salary of $45,420 per year. After adjusting for Iowa's cost of living (RPP=88.4), the real purchasing power is $51,380 — a +13.1% difference.

Is Iowa expensive to live in?

Iowa's cost of living is 11.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Iowa is 88.4 (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 Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa: $45,420 x (100 / 88.4) = $51,380. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa financially?

From a purchasing power perspective, yes. A Forging Machine Setters, Operators, and Tenders, Metal and Plastic in Iowa enjoys 13.1% 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.

Related Salary Pages