COL[1] doesn't really hit anyone directly. It's an abstraction based on some fictional "standard of living" and its costs in an area. That said, common knowled

COL[1] doesn't really hit anyone directly. It's an abstraction based on some fictional "standard of living" and its costs in an area. That said, common knowledge is that it's cheaper to be rich than poor. [1] https://en.wikipedia.org/wiki/Cost_of_living https://en.wikipedia.org/wiki/Cost_of_living