Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Richmond, VA vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Richmond, VA and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$92,000 vs $124,000
Better Purchasing Power
✓ Richmond, VA
$91,089 vs $76,543
Best Take-Home (COL-Adj)
✓ Richmond, VA
$79,327 vs $67,190
2
Detailed Comparison
| Metric | Richmond, VA | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $92,000 | $124,000▲ | -$32,000 |
| 25th Percentile | $70,840 | $95,480▲ | -$24,640 |
| 75th Percentile | $117,760 | $158,720▲ | -$40,960 |
| 90th Percentile | $147,200 | $198,400▲ | -$51,200 |
| Cost of Living Index | 101 | 162 | -61 |
| State Income Tax | 5.75% | 5%▲ | +0.75% |
| COL-Adjusted Median | $91,089▲ | $76,543 | +$14,546 |
| Est. Annual Take-Home | $80,120 | $108,847▲ | -$28,727 |
| COL-Adj. Take-Home | $79,327▲ | $67,190 | +$12,137 |
| Total Employment | 11,200 | 33,600 | -22,400 |
▲ = Higher value wins for this metric. Diff = Richmond, VA minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $32,000 more (median: $92,000 vs $124,000). However, after adjusting for cost of living (index 101 vs 162), Richmond, VA provides better purchasing power ($91,089 vs $76,543 equivalent). Boston, MA has the lower state tax rate (5% vs 5.75%).
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.