[quote=spdrun]Low property taxes.[/quote]Exactly. If you play the long game, prop 13 is a miracle. When I retire, my COL will be well less than $1k/month, assuming no inflation. If we see an average of 3% inflation, then it would be <$350/month in today's dollar. If we see a repeat of the 70s/80s inflation, then I'll be golden.