Lots of my friends are moving to the Raleigh/Durham/Chapel Hill in North Carolina. They seem to like it a lot. I visit the area about 3-4 times a year and love it.
I'm sure it's gone up, but I think it's still pretty decent. Drinks/food are pretty reasonable. You don't need to live downtown since it's pretty car centric out there. Chapel Hill has that upbeat college feel I love.