Do you have any examples of major companies that are remote that aren't scaling their remote pay with the COL where the employee is located? Every single instance I've seen of companies announcing "we support remote" has had in small print "we will not pay you SV salaries if you live in the mid-west", so the cost-of-living argument doesn't really win anything as your pay scales with it.
My understanding, is that even with COL adjustment most people are actually saving just as much money after expenses as they did on the SV salary. Granted it's just anecdotal (and mostly from HN).
