This thread is inspired by a thread where people where explaining how a £100k salary doesn't go far in London. Examples were given of mortgages costing £25k pa. (This is my salary). Childcare bills for 2 kids costing £40k. Our joint salary is £55k pa.
I live in NE Wales. Our house costs us £12k pa for a 3 bedroom semi. Wraparound Childcare used to cost a maximum of £12k pa. But we no longer pay due to age of kids and me WFH. I cannot get my head around DH and I being significantly better off than a couple who earn double what we do.
The logical answer to me would be to move from London. So why do people stay? Is it family? The type of work you do? I'm curious more than anything about what keeps people there when they could possibly have a better standard of living elsewhere.