Lyric discussion by TrooperSeven 

Cover art for Living in Oz lyrics by Rick Springfield

Best Rick Springfield song without a doubt!

To me, it seems to be about determination to accomplish your dreams. Like when Dorothy says, "But it wasn't a dream!", him and his lover are determined that their dreams aren't delusions. And they have high expectations. He wants to be someone, and she wants someone. With these dreams and high expectations of themselves came costs that wake them up to reality. But they know whatever it costs, it's worth it to accomplish their dreams.

My Interpretation