Salary data is based on the Providence-Warwick, RI-MA metropolitan area and applied to Woonsocket using local cost-of-living adjustments.

Forging Machine Setters Salaries in Woonsocket, RI

Average Base Pay

$52,231/yr

5% above national average

Monthly

$4,353

Hourly

$25

Cost Index

Forging Machine Setters in Woonsocket, RI earn an average of $52,231 per year, with most salaries falling between $41,785 and $62,677 depending on experience, employer, and specialization. At 5% above the national average, Woonsocket ranks among the higher-paying markets for this role, in part reflecting a local cost of living index of 94. For professionals evaluating a move or negotiating an offer, the headline salary is only part of the picture—what matters most is how far that income actually goes once taxes, rent, and daily expenses are factored in. The sections below break that down in full for Woonsocket.

Salary Range

The chart below shows the full compensation spectrum for this role, from entry-level to senior positions. The highlighted center bars represent the 25th–75th percentile band where most professionals are paid.

$39K
Low

$52K
Median

$65K
High

25th percentile: $44K75th percentile: $60K

About Forging Machine Setters

Manufacturing Engineers develop, implement, and improve manufacturing processes that transform raw materials and components into finished products efficiently, safely, and to quality standards. They design and commission production lines, select manufacturing equipment, develop process parameters and work instructions, and troubleshoot production problems. In new product introduction, manufacturing engineers collaborate with product design teams from early development to ensure that product designs are manufacturable—flagging design features that are difficult or costly to produce and proposing design changes that improve producibility. They conduct process validation studies demonstrating that processes consistently produce output within specifications, write manufacturing process documentation, and develop operator training materials. Process improvement is continuous: manufacturing engineers collect and analyze production data, identify sources of scrap, yield loss, and cycle time inefficiency, and implement lean manufacturing improvements including 5S, standardized work, and error-proofing (poka-yoke). In regulated industries such as medical devices or pharmaceuticals, they manage process validation per FDA and ISO requirements.

What Forging Machine Setters Do

Design and implement manufacturing processes for new or existing products
Select, specify, and commission manufacturing equipment and tooling
Develop process parameters, work instructions, and operator training materials
Conduct process capability studies and manufacturing process validation
Troubleshoot production quality and efficiency problems
Collaborate with product design on design for manufacturability
Lead lean manufacturing improvement projects (5S, kaizen, standard work)
Manage process documentation and engineering change control

Key Skills & Qualifications

Manufacturing process design and optimization
CAD software for fixture and tooling design
Statistical process control (SPC) and process capability analysis
Lean manufacturing tools (5S, Kanban, SMED, poka-yoke)
Design for manufacturability and assembly (DFM/DFA)
Process validation methodology (IQ/OQ/PQ)
PLC and automation fundamentals
Engineering change management and document control

Career Path

Manufacturing Engineer I
Manufacturing Engineer II
Senior Manufacturing Engineer
Lead Manufacturing Engineer / Process Engineering Manager
Director of Manufacturing Engineering

Forging Machine Setters Market in Woonsocket, RI

Salary Competitiveness

Woonsocket is one of the stronger-paying markets for Forging Machine Setters, with local salaries running approximately 5% above the national median. This premium typically reflects a combination of higher employer competition, concentrated industry presence, and elevated cost expectations built into local compensation norms.

Cost of Living Impact

Woonsocket sits close to the national cost average. Monthly essential expenses represent about 77% of take-home pay for this role—a midrange ratio that allows for modest savings and discretionary spending, provided housing costs remain stable.

Effective Purchasing Power

Despite a competitive gross salary, a Forging Machine Setters earning $52,231 in Woonsocket operates in a tight purchasing-power band once taxes and local cost of living are applied. Careful planning around housing, transportation, and discretionary spending is essential to avoid running negative disposable income month to month.

vs. National Avg

+5%

Cost Pressure

77%

Purchasing Power

Tight

Take-Home Pay Calculator

Enter any gross salary to see how federal and state taxes affect your actual take-home pay, broken down by year, month, and week. Results use an estimated effective tax rate of 27% based on this location and income level.

Annual Salary

Take-home (73%)Taxes (27%)

Annual Net

$38,129

Monthly

$3,177

Weekly

$733

Eff. Tax Rate

27%

A gross salary of $52,231 for a Forging Machine Setters in Woonsocket translates to roughly $3,177 in monthly take-home pay after estimated federal and state taxes. Set against monthly living costs of $2,436—covering housing, food, transportation, utilities, and healthcare—that leaves approximately $741 per month in disposable income. That margin, not the gross number, is what determines whether you can comfortably cover rent, build savings, and afford discretionary spending in Woonsocket's current market.

How far does this salary go in Woonsocket?

Cost of Living in Woonsocket

Estimated monthly expenses for a single person in Woonsocket, benchmarked against US regional price indices for housing, food, transportation, utilities, and healthcare.

Cost Index

Below Avg — US average is 100. Based on a single person (1-bed apartment).

🏠Housing / Rent$1,401/mo

🍔Food & Groceries$467/mo

🚗Transportation$126/mo

💡Utilities$164/mo

🏥Healthcare$278/mo

Monthly$2,436

Annual$29,232

Disposable Income$741

Financial Reality Check

This section compares estimated monthly take-home pay against typical living costs in Woonsocket to show your real disposable income—the amount remaining after essential bills are paid each month.

Monthly Take-Home

$3,177

Living Costs

$2,436

Disposable

$741

Cost Index

Lifestyle

Tight

With a monthly take-home of $3,177, your estimated living costs in Woonsocket are $2,436 ($29,232/yr). This leaves $741 per month in disposable income, indicating a tight standard of living. Woonsocket's cost of living is 6% below the national average.

Overall, a Forging Machine Setters earning $52,231 in Woonsocket falls into a tight lifestyle tier and will need to budget carefully—essential costs consume a significant share of take-home pay, leaving limited room for savings or emergencies. With a cost index of 94, Woonsocket is 6% more affordable than the national average, which extends your purchasing power. Regardless of tier, prioritizing retirement contributions, an emergency fund of three to six months' expenses, and incremental debt reduction will yield the greatest long-term financial stability—especially as living costs in Woonsocket continue to evolve.