Temp Too Low???

So if my temp gauge is reading 160 here it means that I'm actually running about 180?

Or more, since AJ's example was an example.
I have seen gauges in the intake read 15 degrees cooler just from have a threaded adapter from the manifold to the sender.
Best is right before the thermostat as the coolant is coming up out of the motor with the sender directly in the flow of the coolant.