What does a Jewelers and Precious Stone and Metal Workers salary really buy you in Indiana?
Indiana is 8.2% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Jewelers and Precious Stone and Metal Workers earning $46,880 in Indiana has the equivalent purchasing power of $51,067 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) | $28,530 | $31,078 | +$2,548 |
| 25th Percentile (P25) | $32,280 | $35,163 | +$2,883 |
| Median (P50) | $46,880 | $51,067 | +$4,187 |
| 75th Percentile (P75) | $52,940 | $57,668 | +$4,728 |
| 90th Percentile (P90) | $75,270 | $81,993 | +$6,723 |
A Jewelers and Precious Stone and Metal Workers in Indiana earns $46,880 on paper, but low living costs mean your money goes 9% further — like earning $51,067 in an average-cost state. This makes Indiana one of the best value states for this occupation.
Where does Jewelers and Precious Stone and Metal Workers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Indiana ranks #25 out of 47 states for Jewelers and Precious Stone and Metal Workers after cost-of-living adjustment.
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A Jewelers and Precious Stone and Metal Workers in Indiana earns a median salary of $46,880 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $51,067 — 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 Jewelers and Precious Stone and Metal Workers in Indiana: $46,880 x (100 / 91.8) = $51,067. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Jewelers and Precious Stone and Metal Workers 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.