Is it good or bad for a city to be an "expensive to live in"?

Question

Seems that "being expensive" means "being developed" since Moscow, Tokyo and London are all developed cities... however, I'm not quite sure if it is a good or a bad thing.

Answer 1

Ok. "Being expensive to live in" can mean two things. One- It's a cool place to live because there are places to shop and nice restaurants and nice houses to live in. It can also mean two- ITS EXPENSIVE!!!!! you get all that cool stuff but it gets pretty pricey. So it can be a good or a bad thing.... Or a good thing with a bad detail attached...