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Notes -
COL is not some natural phenomenon that strikes at random. COL is high because rich people live there and bid up prices for resources and services.
Right, but that's not the point. My point is that simply seeing a person making much above the median doesn't tell us very much. The implication is that they are rich, but if there are reasons for not leaving, then their QoL can be on par with that of those who make less.
Well, they could also spend 90% of it on cocaine and live in absolute squalor, you can't ever know. I think you still can see that these are pretty well-paid bunch.
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