I'm with api on this. The Bay Area's high cost of living is stifling, and it's resulting in cultural homogeny as the minimum living wage continues to skyrocket.

Meanwhile, Sacramento is a 2-hour-drive away. It has a much lower cost-of-living in general, yet doesn't sacrifice any cultural diversity (in my own observation, at least); if anything, it's even more culturally diverse. It's also telling that a lot of people would rather live in Sacramento and commute to San Francisco (and adjacent Bay Area / Silicon Valley areas) than live in the Bay Area; somehow, the cost of commuting that distance manages to be offset.