Structural Iron and Steel Workers Salary in Maine: Cost of Living Adjusted (2024)

What does a Structural Iron and Steel Workers salary really buy you in Maine?

Maine is near the US average cost of living

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

Nominal Salary

$62,730

Median annual (2024)

→ -0.8%

Real Purchasing Power

$62,232

COL-adjusted (RPP=100.8)

Maine Cost of Living Index

Maine's Regional Price Parity (RPP) is 100.8, meaning prices are 0.8% higher the national average. A Structural Iron and Steel Workers earning $62,730 in Maine has the equivalent purchasing power of $62,232 in an average-cost US state.

ME: 100.8

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 Maine's cost of living.

Percentile	Nominal Salary	COL-Adjusted	Difference
10th Percentile (P10)	$48,960	$48,571	$-388
25th Percentile (P25)	$62,730	$62,232	$-497
Median (P50)	$62,730	$62,232	$-497
75th Percentile (P75)	$70,570	$70,009	$-560
90th Percentile (P90)	$73,410	$72,827	$-582

Key Insight

Maine's cost of living is close to the national average, so $62,730 keeps most of its value at $62,232 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Structural Iron and Steel Workers (After Cost of Living)

Where does Structural Iron and Steel Workers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Massachusetts

$106,608

RPP 109.4

2. New Jersey

$102,757

RPP 108.8

3. Illinois

$99,733

RPP 101.3

4. Wisconsin

$99,588

RPP 92.3

5. Washington

$96,511

RPP 109.8

6. Minnesota

$95,435

RPP 97.7

7. Rhode Island

$91,499

RPP 104.7

8. Hawaii

$89,684

RPP 110.8

9. North Dakota

$89,605

RPP 88.7

10. New York

$88,633

RPP 107.6

Maine ranks #29 out of 50 states for Structural Iron and Steel Workers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Structural Iron and Steel Workers in Maine after cost of living?

A Structural Iron and Steel Workers in Maine earns a median salary of $62,730 per year. After adjusting for Maine's cost of living (RPP=100.8), the real purchasing power is $62,232 — a -0.8% difference.

Is Maine expensive to live in?

Maine's cost of living is 0.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Maine is 100.8 (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 Structural Iron and Steel Workers in Maine: $62,730 x (100 / 100.8) = $62,232. This represents what the salary would be worth in a state with average living costs.