Is it pretty much where you do residency = where you practice? The reason I ask is because my wife and I live in Chicago, and although we would be very happy to stay here, I think we would both rather be in the NY area where we have more family.

But holy-mother-of-god is it expensive!!!
Your dollar goes A LOT farther here (our place would cost about 3x as much in Manhattan and about 2x as much in Brooklyn).

So, if I stay here in good ol' chi-town, am I here for life? Or is it possible to move out east post-residency and find a place to practice(if I don't do I fellowship)?

Sorry to ask such a noob question, but my school is about as crappy as they come on these issues.