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Millwrights Salary in Indiana: Cost of Living Adjusted (2024)

What does a Millwrights salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

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

Nominal Salary
$75,710
Median annual (2024)
+8.9%
Real Purchasing Power
$82,472
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Millwrights earning $75,710 in Indiana has the equivalent purchasing power of $82,472 in an average-cost US state.

IN: 91.8
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 Indiana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $50,610 $55,130 +$4,520
25th Percentile (P25) $64,260 $70,000 +$5,740
Median (P50) $75,710 $82,472 +$6,762
75th Percentile (P75) $84,620 $92,178 +$7,558
90th Percentile (P90) $93,240 $101,568 +$8,328
Key Insight

A Millwrights in Indiana earns $75,710 on paper, but low living costs mean your money goes 9% further — like earning $82,472 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Millwrights (After Cost of Living)

Where does Millwrights salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$90,681
RPP 91.0
$89,122
RPP 93.4
$83,131
RPP 92.3
$83,106
RPP 91.1
5. Indiana
$82,472
RPP 91.8
6. Ohio
$80,131
RPP 91.5
7. Kansas
$76,311
RPP 90.0
$74,921
RPP 89.2
$74,569
RPP 90.6
10. Illinois
$74,540
RPP 101.3

Indiana ranks #5 out of 48 states for Millwrights after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Millwrights in Indiana after cost of living?

A Millwrights in Indiana earns a median salary of $75,710 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $82,472 — a +8.9% difference.

Is Indiana expensive to live in?

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).

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 Millwrights in Indiana: $75,710 x (100 / 91.8) = $82,472. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Millwrights in Indiana financially?

From a purchasing power perspective, yes. A Millwrights 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.

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