Tool and Die Makers Salary
In Indiana, tool and die makers earn $68,050 at the median, or about $32.72 an hour. The range runs from $47K at the entry level to $93K for experienced workers. Cost of living is below average (RPP 91.81), which stretches that salary to about $74,120 in buying power. Rent on a 2-bedroom averages $1,144/month, or 25.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
So what does $68K get you in Indiana?
About tool and die makers
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What this looks like in Indiana
Tool and die makers pay in Indiana tracks closely to the national median, $68K locally vs. $64K nationwide, a 6% difference. Rent runs $1,144/month for a 2-bedroom (HUD FMR), taking 25.3% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 91.81 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level tool and die makers (10th percentile) start around $47K. Mid-career wages sit at $68K. Top earners bring in $93K or more, a $46K spread from bottom to top.
Tool and Die Makers salary by metro in Indiana
9 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Lafayette-West Lafayette | $80K | +18% | 80 |
| Columbus | $71K | +5% | 180 |
| Michigan City-La Porte | $68K | -1% | 90 |
| Elkhart-Goshen | $63K | -8% | 180 |
| Indianapolis-Carmel-Greenwood | $62K | -9% | 570 |
| South Bend-Mishawaka | $62K | -9% | 140 |
| Fort Wayne | $61K | -10% | 340 |
| Muncie | $61K | -10% | 60 |
| Evansville | $61K | -11% | 160 |
Compare to other states
Track tool and die makers salary changes
BLS updates this data quarterly. We'll email you when Indiana numbers change.
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Frequently asked questions
Can a tool and die maker afford a 2BR apartment alone in Indiana?
Yes — at the median salary of $68K, rent takes 25.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for tool and die makers in Indiana?
The 10th-percentile wage — what new tool and die makers typically earn — is $47K/year. Take-home on that works out to about $2,809/month. At HUD’s $1,144/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is tool and die maker a high-paying job in Indiana?
Pay here is roughly in line with the national average — $68K locally vs. $64K nationally, a 6% difference.
How does Indiana compare to the national average for tool and die makers?
Indiana pays $68K median vs. the U.S. average of $64K — that’s +6%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $74K — still ahead of the national median.
How much do tool and die makers make in Indiana?
The median is $68,050 a year, that works out to about $33 an hour. But the range is wide: entry-level workers start around $46,810, and experienced tool and die makers can clear $92,940. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $68K enough to live in Indiana?
On that salary, you'd take home roughly $4,515/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 25.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a tool and die makers salary go in Indiana?
Indiana has a Regional Price Parity of 91.81 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median tool and die makers salary is worth about $74,120 in national-average purchasing power.
Where do tool and die makers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.