Take Cincinnati. I know some guys who work for large corporations based there (you can figure it out) who roll deep, huge house (because they cost a dollar), fast cars, big vacations.... but the rub is you are living in Cincinnati where the thing people brag about is watery chili (skyline chili, everyone from Cincinnati will try to convince you it is good, and maybe it is compared to the rest of Cincinnati). Basically supply outstrips demand, so prices are low.
Now go to SF where consignment of your first born is required for a one bedroom. Demand far outstrips supply and there is all that Google money and 50 year mortgages... but you get to live in one of the top 3 cities in the United States (NY, LA, SF in case that was was in question BTW)