[netsharc]

It's interesting to look at the inverse... would/should the company pay more if someone moved from a low to a high CoL place?

Obviously SV companies offer high salaries because they want to attract people to work on-location, which means they'd have to live nearby, in a high-CoL area. If the job was made remote with the same salary offer, there would be so many candidates, that it would make sense to lower the salary offer, like in any supply-demand problem...