Oh totally. I cannot imagine raising kids in the bay area with the insane housing which gets you a tiny house, mediocre schools, and insane commutes. Add on the additional costs of kids and I do not plan to move/live there when I start having kids. Hence, why I hoping I can get into one of the satellite office once I get married.
I'll add that while COL is high (i pay $2,500 a month in rent alone), I have still been able to save up that $90,000 out of college in 2 years so it is a pretty good place to bootstrap your financial savings if you don't have kids/need a house.