Cost of Living

I have seen many discussions on this board recently which make reference to or use as support the phrase “cost of living”.

While having minored in accounting, one thing that was never (and probably will never be) is the direct factors of the cost of living.

It is therefore my intent to draw off of my fellow “techs” for enlightenment in this matter.

I perceive that cost of living is 90% BS and 10% cost. The greatest for instance is Southern California…

Anyway would like to get some ideas (or better yet, arguments).

Thanks,