Product Manager · Salary Comparison · 2026
Product Manager Salary: Richmond, VA vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Product Managers in Richmond, VA and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$112,000 vs $170,000
Better Purchasing Power
✓ Richmond, VA
$110,891 vs $90,909
Best Take-Home (COL-Adj)
✓ Richmond, VA
$96,571 vs $78,246
2
Detailed Comparison
| Metric | Richmond, VA | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $112,000 | $170,000▲ | -$58,000 |
| 25th Percentile | $84,000 | $128,000▲ | -$44,000 |
| 75th Percentile | $148,000 | $225,000▲ | -$77,000 |
| 90th Percentile | $184,000 | $280,000▲ | -$96,000 |
| Cost of Living Index | 101 | 187 | -86 |
| State Income Tax | 5.75%▲ | 6.85% | -1.0999999999999996% |
| COL-Adjusted Median | $110,891▲ | $90,909 | +$19,982 |
| Est. Annual Take-Home | $97,537 | $146,320▲ | -$48,783 |
| COL-Adj. Take-Home | $96,571▲ | $78,246 | +$18,325 |
| Total Employment | 2,500 | 12,000 | -9,500 |
▲ = Higher value wins for this metric. Diff = Richmond, VA minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $58,000 more (median: $112,000 vs $170,000). However, after adjusting for cost of living (index 101 vs 187), Richmond, VA provides better purchasing power ($110,891 vs $90,909 equivalent). Richmond, VA has the lower state tax rate (5.75% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.