I live in London. I get paid more for doing my job in London than if I was living elsewhere in the country.
However,
- It costs me more than the average national wage to send my DSs to daycare.
- I have just sold my 3-bed flat for what would buy me a sizeable pad anywhere else in the country
- We pay a bloody fortune to travel by trains and tubes that don't work if the weather is too hot / too cold/too wet / too dry / too snowy / not snowy enough.
- We can't drive anywhere because you have to pay a frigging congestion charge to get anywhere worth going, and when you do get there parking costs about £10 per hour
(But I do love it really, just having one of those days)