If you just look at what a lot of upper earners make in the Bay Area, you're considered very high income in the national context, but you may not feel that way because the cost of living, mainly housing, is so expensive.
The 2026 Social Security cost-of-living adjustment is projected at 2.4%, the smallest increase since 2021, raising concerns for aging homeowners' expenses.
"Prices for healthcare were in some cases over 10 times cheaper than in the US, and housing was about five times less expensive."