TBJ Plus: How far a $100K salary really goes in Raleigh

WHAT A $100K SALARY IS WORTH IN RALEIGH

With the cost of living on the rise across the Triangle and inflation making it hard to get more bang for your buck, folks in Raleigh earning six-figures don’t have it as good as they used to.

But they can take comfort knowing that a $100,000 salary goes further here than in most big cities across the country. SmartAsset compared the after-tax income in 76 of the largest U.S. cities and then adjusted those figures for the cost of living in each place.

In Raleigh, the take-home pay comes out to $72,459, the 33rd highest amount in the study. Durham comes in at $70,000 to rank 41. But Charlotte is ahead of both Triangle cities at $72,985, sliding just inside the top 30.

At the top is Memphis, Tennessee, with a take-home pay of more than $86,400. Cities in Texas (no state income tax) fill the top 10.

New York City is at the bottom with a figure of just $35,791.


THE MILL OPENS AT OLDE RALEIGH VILLAGE

Fans of the former Edwards Mill Bar & Grill have a reason to return to their old spot.

The Mill, a new restaurant long in the works, has officially opened at Olde Raleigh Village. The new concept from Urban Food Group fills the space that’s been empty since 2020.

The space has been updated, including an expanded outdoor patio. There is a wood-burning grill, and the restaurant serves steak, fish, chicken and more. The bar options include nachos and wings.


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NPR QUITS TWITTER

After Elon Musk had his Twitter peeps label NPR “state-affiliated media,” the news organization is saying goodbye to the social media platform.

NPR on Wednesday said it will “no longer post fresh content to its 52 official Twitter feeds.” It’s the first major U.S. news outlet to abandon the blue bird in the wake of Musk taking ownership of Twitter.

NPR’s main Twitter account has 8.8 million followers.


INFLATION FALLS

Positive news on the inflation front: Grocery store prices fell in March for the first time since September 2020.

Overall, inflation was 5 percent for the 12-month period, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics. The inflation rate has fallen for nine consecutive months but is still way above where the folks at the Fed want it to be.


CARY GOES DRIVERLESS

A new way to score a ride in fast-growing Cary comes without a driver.

A “low-speed” electric shuttle is now running at Bond Park as part of a pilot program for the North Carolina Department of Transportation.

Called CASSI (Connected Autonomous Shuttle Supporting Innovation), the shuttle has eight seats and moves at 12 mph and will make four stops at Bond Park.

The shuttle will run on weekdays until June 2.


FORMER NC JUSTICE JOINS BROOKS PIERCE

News on the legal front: A former North Carolina Supreme Court Justice is joining the law firm of Brooks Pierce.

Justice Sam J. Ervin IV, who served on the high court from 2015 to 2023, will be based in Brooks Pierce’s Greensboro office as he assists on matters statewide in areas including litigation, appeals and utilities.

Brooks Pierce has a Raleigh office and around 45 attorneys in the Triangle.

“Brooks Pierce’s reputation for integrity, the high quality of legal work that it provides, and its deep roots within and commitment to North Carolina convinced me that firm was the right place to continue my legal career,” said Justice Ervin. “I’m pleased to have the opportunity to work with a truly stellar group of colleagues in assisting clients on a range of critical legal issues.”

Ervin is the grandson of former U.S. Senator Sam Ervin Jr., who also served on the N.C. Supreme Court. His Father, Sam Ervin III, was U.S. circuit court judge for the Fourth Circuit Court of Appeals.


RALEIGH CONCERT SERIES

The weather is warming up, and Downtown Raleigh will be bouncing to the beat.

The Live After 5 concert series from the Downtown Raleigh Alliance returns to Fayetteville Street beginning April 19 with a four-show lineup with themes from 1980s and ’90s.

  • April 19: The Soul Psychedelique Band (with a sprinkle of Prince)
  • May 17: 120 Minutes with Autumn Nicholas
  • June 21: Hard Tuck featuring Kate Rhudy, Joseph Terell and Chessa Rich with King Akira
  • July 19: Spin Doctors with Adam Pitts

The free, block-party style events start at 5 p.m. will include vendors and also feature a signature seltzer from downtown’s Wye Hill Kitchen & Brewing called “The Sweet Life.”


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