> I’m not earning Silicon Valley money, but I’m also not paying Silicon Valley prices here in Ohio either :).
Folks in Texas used to say this. Unfortunately when average state incomes start to have large departures from each other it creates a chasm of cascading failures. What it really harms is your ability to retire. If your salary is only designed to compete locally then when you have to retire you'll have to select lower than locally. The lower you are on that chain the fewer places there are.
Personally, I'd like to see geographic pay incentives die. People in Silicon Valley don't deserve to freely shovel money into their home equity more than anyone else does, so why subsidize it, much less call it equal?