Well, prices are usually based on what the market will bear. High COL areas are that way because there tend to be more jobs, better paying jobs, and more people want to live there. People want to live there for a variety of reasons, which may include career opportunities, beauty, convenience, culture, or just plain like minded people.
We live where we do because this is where my DH's industry is. We'd probably be able to afford a giant house someplace with a low COL, but there would be no jobs for him. I also love living near the ocean, and having all of the culture and activities I could ever want within about an hour away on all sides, and much much more just a little bit further than that.
We live where we do because this is where my DH's industry is. We'd probably be able to afford a giant house someplace with a low COL, but there would be no jobs for him. I also love living near the ocean, and having all of the culture and activities I could ever want within about an hour away on all sides, and much much more just a little bit further than that.