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My wife talks about moving somewhere cheaper to live pretty frequently. She had sticker shock when she moved to Vermont - her siblings bought houses in Michigan for ~$70-120,000, whereas our house was pretty bottom-of-the-market in Vermont at ~200k. I like to point out that most of the entry level jobs that pay $16-18 an hour here are paying $12 an hour there, and that although living expenses are a larger percentage of our total expenses here, when I cross-shopped similar houses and jobs and tallied everything up, we end up with significantly more in the bank every month by living somewhere with higher wages.
If anything, I'd like to go somewhere even more expensive, with higher wages, as it's easy enough to keep one's living expenses down.
Maybe retire to somewhere cheap, but they typically aren't the places to live while you're earning.
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