Take into account purchasing power parity, and you will see that we are not as wealthy as these numbers indicate.
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Yes, I live on a very modest income in South Carolina, my stepson thinks he wants to live in California. He doesn’t seem to understand that in the area where he wants to live the life we live now would cost millions just for the real estate alone.
My sister's house in TN would be AT LEAST $800K here. She also doesn't have to worry about a state income tax, and sky-high property taxes.
Yet, for all of these problems, I am happy here. I live in a historic town (scene of an ambush on the Brits) and within an easy train ride to NYC (or an hour drive to Philly, as if you want to go there ;-) ).