Yes, I think you're on to something. However, if you're an entrepreneur who doesn't mind just renting a room in a house or apartment, then the cost isn't so ba

Yes, I think you're on to something. However, if you're an entrepreneur who doesn't mind just renting a room in a house or apartment, then the cost isn't so bad. You can rent a room for around $650/mo easily. Of course, you miss out on all the perks of having your own place, but how much time are you going to be spending there anyways if you're really so driven that you're willing to move across country? My recommendation for an entrepreneur in the Midwest who wants to move, but is afraid of the costs of living: Consider radically downsizing and renting a single room. Now for a lot of people this isn't an option (e.g. married with kids, mortgage, etc, etc). And that's exactly why VC's talk about a "drag coefficient."