Metal-Refining Furnace Operators And Tenders Salary: New Mexico vs Indiana
Metal-Refining Furnace Operators And Tenders earn a median of $45,990 in New Mexico and $75,630 in Indiana. That is a nominal gap of $29,640 (-39.2%), with Indiana paying more before any cost-of-living adjustment.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.
The story behind the numbers
On raw wages, Indiana pays $29,640 more per year than New Mexico for metal-refining furnace operators and tenders, a gap of +39.2%.
After adjusting for cost of living, Indiana still comes out ahead, with roughly $31,162 of extra purchasing power (+38.5% real gap). Local prices do not reverse the nominal advantage.
Full breakdown by location
Detailed wage, employment, and cost-of-living figures for metal-refining furnace operators and tenders in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.
Metal-Refining Furnace Operators And Tenders
New Mexico
- Median salary
- $45,990
- Mean salary
- $47,250
- Employment
- 50
- Location quotient
- 0.44
- Jobs per 1,000
- 0.1
- COL-adjusted median
- $49,874
- Regional Price Parity
- 92.2%
Exact state RPP match.
Full Metal-Refining Furnace Operators And Tenders page for New Mexico →
Metal-Refining Furnace Operators And Tenders
Indiana
- Median salary
- $75,630
- Mean salary
- $71,700
- Employment
- 3,560
- Location quotient
- 8.47
- Jobs per 1,000
- 1.1
- COL-adjusted median
- $81,036
- Regional Price Parity
- 93.3%
Exact state RPP match.
Full Metal-Refining Furnace Operators And Tenders page for Indiana →
Related pages
Keep digging into metal-refining furnace operators and tenders from a different angle.
- National Metal-Refining Furnace Operators And Tenders salary page
- Compare a different occupation or location
Common questions about this comparison
What does the cost-of-living adjustment actually do? +
It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.
Why would the nominal and adjusted winners disagree? +
High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.
What is a location quotient? +
The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a state specializes in.