To me, the $180k would not be worth it to live in either place based on my life interests and opinions. If I were single, it could be tempting for me to move there for a few years if I were making that sort of money and had a mortgage instead of rent. The idea would be that while the COL is high, a very large part of it would be housing. If at least a chunk of that was going to equity (and the housing market continued to climb or stayed steady) then I would have a lot of money accumulated when I would leave the area after say 5 years. Not to mention that all the benefits are geared towards staying in the area too. A 6% 401k company contribution is a lot bigger when your salary is that high (double mine). The trick is moving out of the HCOL after you've made a lot of money.