Last updated: 2025 BLS data · Page refreshed:
What does a Foundry Mold and Coremakers salary really buy you in Indiana?
Indiana is 8.2% cheaper than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Foundry Mold and Coremakers earning $49,860 in Indiana has the equivalent purchasing power of $54,313 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) | $37,870 | $41,252 | +$3,382 |
| 25th Percentile (P25) | $44,970 | $48,986 | +$4,016 |
| Median (P50) | $49,860 | $54,313 | +$4,453 |
| 75th Percentile (P75) | $55,750 | $60,729 | +$4,979 |
| 90th Percentile (P90) | $59,920 | $65,272 | +$5,352 |
A Foundry Mold and Coremakers in Indiana earns $49,860 on paper, but low living costs mean your money goes 9% further — like earning $54,313 in an average-cost state. This makes Indiana one of the best value states for this occupation.
Indiana's Regional Price Parity (RPP) of 91.8 means a basket of goods and services costs about 8.2% less than the national average. For a Foundry Mold and Coremakers, every dollar earned effectively buys more here than in a 100-RPP state.
After applying Indiana's RPP, the $49,860 median salary translates to $54,314 in real terms — a 8.9% gain. That difference can cover several months of expenses over a year for a Foundry Mold and Coremakers.
Ranked on COL-adjusted median pay for Foundry Mold and Coremakers, Indiana places #7 of 33 states — top quartile. Either nominal wages run high, cost of living runs low, or both.
Where does Foundry Mold and Coremakers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Indiana ranks #7 out of 33 states for Foundry Mold and Coremakers after cost-of-living adjustment.
How much do you actually take home? See Foundry Mold and Coremakers take-home pay in Indiana after taxes →
A Foundry Mold and Coremakers in Indiana earns a median salary of $49,860 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $54,313 — 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 Foundry Mold and Coremakers in Indiana: $49,860 x (100 / 91.8) = $54,313. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Foundry Mold and Coremakers 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.
Some links are affiliate links. See our disclosure.