Originally Posted by tiuxiu
I also think our expenses would go up living in one of those developments simply because so many more conveniences nearby.
I live in that sort of hip urban neighborhood, but not a newly created one. My rent is high but not terrible; but purchase prices are still very high.
As to a more daily expensive lifestyle in this sort of place, this board can help with that. Many people here spend $25 or more almost every day in bars, sushi bars, coffee shops, etc. OTOH you can find much less expensive and very interesting pastimes only a walk away.
In spite of a lot of inflation since I first came to the board in 2003, the only bump up in my COL was my divorce and the consequesnt need to start paying rent. Food and "miscellaneous" as well as auto expenses have actually gone down.
Yesterday some young guy had made an armful of hula hoops and was handing them out to whoever wanted to hoop a little in Cal Anderson Park. He had a nice little group gathered by him.