It's supply and demand that drives cost of living. If people don't demand it and it's in high supply then the cost for it will be low. Low-density shoreline is a dime a dozen in Michigan. Now St. Clair Shores has an equivalent of the Gold Coast in Michigan, or once St. Clair Shores are housing that's architecturally significant like in Grosse Pointe, then maybe you'll have an argument.
That said, Royal Oak is one of the very few TRUE downtown areas in the region. People want to be a part of the action there because it's something new and unique in this state. Since it's in limited supply and urban environment is the trendy thing, people will pay more to live there.
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