Costs do come down and prices do tend to be lower in areas with poorer economies. Overall though, these price reductions do not tend to outweigh the negatives associated with struggling economies. If you look at regions around the world, the typical trend is that quality of life is higher in regions with thriving economies, despite higher prices in these regions. In fact I struggle to think of an example where an economically destitute region has a high standard of living (there well could be some though).
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