The New Yorker : There and Back Again. Commuting in America.

“People with long journeys to and from work are systematically worse off and report significantly lower subjective well-being,” Stutzer told me. According to the economic concept of equilibrium, people will move or change jobs to make up for imbalances in compensation. [But actually] they tend to overvalue the material fruits of their commute — money, house, prestige — and to undervalue what they’re giving up: sleep, exercise, fun.