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Should you live close to work?

My first job out of college, I was working for Chicago Children’s Hospital in Northern Chicago.  I commuted an hour and half each way.  That job didn’t last very long when I was offered a higher paying job and housing that was closer to work.  Since then, my commute has been 30 minutes or less.  Working close to where you live is better not only on your time, but your wallet.  I ran across a post on Lifehacker that does a great job of graphically representing how your commute impacts several parts of your life.  The most interesting point that comes out of it is you can pay about $15,900 more for a house for each mile you move closer to work.  Just one more thought to consider when deciding where to life.