Something to consider is whether or not you've got kids. Right now my family lives in an affordable neighborhood with a tolerant culture and excellent public schools that my two kids attend. In Texas, it seemed more like getting a good secular education for your kids was something that you had to pay a lot for, one way or the other -- either living in a super affluent neighborhood or finding private schools. Financially, I think that I may actually come out ahead living in one of the so-called "education states."
Granted, my cultural biases show themselves in this post.