High cost of living is also driven by high taxes. We have no state income tax here.The single biggest reason residents move from California is the same now as it's been for the last 80 years.
The high cost of living.
The single biggest reason any place is expensive to live? Everybody wants to live there.
Anyone who knows the slightest bit about real estate knows this: "Location, location, location."
(I'm sympathetic though: If I lived in Tennessee, I'd probably choose to believe any bullshit "explanation" too...as my kid asked: "Daddy, what's beachfront property?")
No jealousy on my part, this state is booming. I went to two Titans games in Nashville this year and hardly recognized the place from just two years ago. Lot of famous people settling in Franklin just outside of town. It's the new place to be.