[wnc3141]

Although paychecks seem to go less far today, America currently the strongest economy globally, with somewhat affordable housing compared to much of the developed world (although some have us beat).

Also its easy to forget the pathway in life afforded by living in a highly developed nation. Access to capital (mortgages etc)., preferred trading status (for example import goods are much more expensive in Brazil - accounting for foreign exchange), robust job market with competitive wages, strong regulatory environment (low corruption, enforced business/ financial laws) allowing business transactions to be fairly dependable, competitive offers for cell coverage and airlines and other infrastructure, (relative) certainty of safety, and access to a shared culture (for those from western countries).

Of course there are many low cost of living expats who remain attached to American institutions (such as banking), but en masse out migration to low cost of living nations? I think unlikely.