Seattle is another balanced option.
Jobs are plentiful here with Boeing, Microsoft , Amazon, Nintendo headquartered in Washington state.
There are few BioTech firms as well. Sure San Fran and other cities in CA have just as or even more Jobs available but Seattle is quite balanced in terms of cost of living and Jobs availability. The people are friendly compared to other fast cities (although nothing beats kiwi hospitality
). The scenery is great also. Reminds me of NZ all the time. Crime is not like what you see in other cities. For your interest we always gather at Kiwi/Aussie pub and enjoy some good old footy and beers from down under ( the only pub you will find for down unders' in Pacific Northwest)
http://www.kangarooandkiwipub.com/
Seattle is one of the few cities which is surving the mortgage mess currently going on in US ! And its because of the strong job market i.e house prices here move with labor market e.g the last housing recession was when Boeing did massive layoffs years ago.
San Fran on the other hand is ridiculously expensive! Trust me on that one...as far as housing cost goes.
The only thing i REALLY hate about Seattle is the RAIN
It maybe opposite of Texas weather! If you are very outdoors and like sunny weather then moving to Seattle will be a bad move.
As much as people say about raining all the time here, its more about drizzling and gloomy days that go on for weeks at least in Autumn and Winter.
Seattlelites drink coffee like water! No wonder Starbucks originated here
Summer is awesome though. Last year in 2006there was no rain for like 30 days.
California is great for the entertainment it provides i guess..its more bustling and happening if you like
but just as personal opinion i prefer Seattle which is bit more laid back like NZ