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Foundry Mold and Coremakers Salary in Illinois: Cost of Living Adjusted (2024)

What does a Foundry Mold and Coremakers salary really buy you in Illinois?

Illinois is near the US average cost of living

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

Nominal Salary
$48,320
Median annual (2024)
-1.3%
Real Purchasing Power
$47,699
COL-adjusted (RPP=101.3)

Illinois Cost of Living Index

Illinois's Regional Price Parity (RPP) is 101.3, meaning prices are 1.3% higher the national average. A Foundry Mold and Coremakers earning $48,320 in Illinois has the equivalent purchasing power of $47,699 in an average-cost US state.

IL: 101.3
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 Illinois's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $37,830 $37,344 $-485
25th Percentile (P25) $43,820 $43,257 $-562
Median (P50) $48,320 $47,699 $-620
75th Percentile (P75) $50,120 $49,476 $-643
90th Percentile (P90) $57,240 $56,505 $-734
Key Insight

Illinois's cost of living is close to the national average, so $48,320 keeps most of its value at $47,699 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Foundry Mold and Coremakers (After Cost of Living)

Where does Foundry Mold and Coremakers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$65,093
RPP 91.1
2. Oregon
$60,994
RPP 106.6
3. Georgia
$53,663
RPP 95.8
$52,093
RPP 89.8
5. Indiana
$52,091
RPP 91.8
6. Alabama
$52,072
RPP 87.8
$52,059
RPP 94.2
8. Iowa
$51,696
RPP 88.4
9. Ohio
$51,245
RPP 91.5
10. Minnesota
$51,013
RPP 97.7

Illinois ranks #15 out of 32 states for Foundry Mold and Coremakers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Foundry Mold and Coremakers in Illinois after cost of living?

A Foundry Mold and Coremakers in Illinois earns a median salary of $48,320 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $47,699 — a -1.3% difference.

Is Illinois expensive to live in?

Illinois's cost of living is 1.3% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Illinois is 101.3 (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 Foundry Mold and Coremakers in Illinois: $48,320 x (100 / 101.3) = $47,699. This represents what the salary would be worth in a state with average living costs.

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