CNN/Money announced their "Best Places to Live" (in the USA) winners today, and although New Haven isn't on any of the top 10 lists, Manhattan Beach stands proudly at 4th in the list of most expensive homes, ahead of even Malibu (#10) and Greenwich (#6).
Interestingly, the household income/price ratio for Manhattan Beach is 8.4%, but for Great Falls, VA, home of the biggest earners, it's 17.9%. What do those Great Falls people do with all that extra cash? Buy cars? No, I bet they buy vacation homes. People in SoCal don't need vacation homes.
It's also interesting to note that New York, NY spends the most on education, and Maryland and the DC area are pulling their weight in that department as well. However, the most educated cities (as measured by number of graduate degrees) are in Massachusetts and Maryland.