Side-by-side · Software Engineer
Raleigh vs Richmond
Move Value
−$2k
real, after tax + COL · per year
Career Velocity
6/10
Raleigh: 7/10 → lateral
10-Year Outlook
−$66k
± $96k confidence band
| Raleigh | Richmond | |
|---|---|---|
| P50 salary, role | $133k | $112k |
| State + local income tax | 4.3% | None |
| After-tax income | $96k | $87k |
| Cost of living (US = 100) | 103 | 96 |
| Median 1BR rent | $1674/mo | $1736/mo |
| Real purchasing power | $93k | $91k |
| Career Velocity (this role) | 7/10 | 6/10 |
| Career Velocity v1 (0–100) | 74 · Strong | 18 · Thin |
| Walkability (0–10) | 4 | 6 |
| Outdoors (0–10) | 7 | 8 |
Who should make this move
Choose Richmond if…
- ·Small-city cost basis with a real food, art, and outdoors scene.
Stay in Raleigh if…
- ·Career Velocity is higher in Raleigh (7/10 vs 6/10) for your field.
- ·You'd lose $2k of real income annually.
- ·Your 10-year picture is $66k better if you stay.
- ·You're optimizing for what Raleigh uniquely offers: research triangle stability with low cost and rising salaries.
A note on the numbers: Salaries are role-P50 from BLS-style bands. Tax is statutory state + local at ~$110k single. The 10-year outlook uses a 3-year promotion cadence with a small velocity adjustment, 2.5% COL inflation, and discounts to today's dollars. Full assumptions on the methodology page.