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Foundry Mold and Coremakers Salary in New Jersey: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

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

New Jersey is 8.8% pricier than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$55,210
Median annual (2025)
-8.1%
Real Purchasing Power
$50,744
COL-adjusted (RPP=108.8)

New Jersey Cost of Living Index

New Jersey's Regional Price Parity (RPP) is 108.8, meaning prices are 8.8% higher the national average. A Foundry Mold and Coremakers earning $55,210 in New Jersey has the equivalent purchasing power of $50,744 in an average-cost US state.

NJ: 108.8
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 New Jersey's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $49,610 $45,597 $-4,012
25th Percentile (P25) $49,610 $45,597 $-4,012
Median (P50) $55,210 $50,744 $-4,465
75th Percentile (P75) $55,210 $50,744 $-4,465
90th Percentile (P90) $62,710 $57,637 $-5,072
Key Insight

While $55,210 sounds high, New Jersey's elevated cost of living erases 8% of that salary's purchasing power. Your real buying power is $50,744. Consider whether the higher pay offsets the higher costs.

What the Cost-of-Living Data Says

New Jersey Is a High-Cost State

RPP 108.8

New Jersey's RPP of 108.8 puts it 8.8% above the national baseline cost of living. A Foundry Mold and Coremakers needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.

Meaningful Purchasing-Power Shift

-8.1%

After applying New Jersey's RPP, the $55,210 median salary translates to $50,744 in real terms — a 8.1% loss. That difference can cover several months of expenses over a year for a Foundry Mold and Coremakers.

Above-Median Adjusted Pay

#12 / 33

New Jersey sits at #12 of 33 states for Foundry Mold and Coremakers COL-adjusted salary — comfortably above the national midpoint.

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.

$67,486
RPP 91.1
2. Oregon
$62,908
RPP 106.6
$58,178
RPP 97.7
4. Alabama
$58,132
RPP 87.8
$56,377
RPP 101.3
6. Iowa
$55,497
RPP 88.4
7. Indiana
$54,313
RPP 91.8
8. Ohio
$53,595
RPP 91.5
9. Kansas
$53,233
RPP 90.0
$51,133
RPP 109.4

New Jersey ranks #12 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 New Jersey after taxes →

Frequently Asked Questions

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

A Foundry Mold and Coremakers in New Jersey earns a median salary of $55,210 per year. After adjusting for New Jersey's cost of living (RPP=108.8), the real purchasing power is $50,744 — a -8.1% difference.

Is New Jersey expensive to live in?

New Jersey's cost of living is 8.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New Jersey is 108.8 (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 Foundry Mold and Coremakers in New Jersey: $55,210 x (100 / 108.8) = $50,744. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in New Jersey offset the salary?

Partially — a Foundry Mold and Coremakers's nominal salary of $55,210 in New Jersey has 8.1% less purchasing power due to higher living costs. The real value is $50,744. However, New Jersey may offer better career opportunities, networking, and industry access.

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