So for 10 years I lived in NYC and--don't get me wrong--there are lots of things I liked about NYC but I'm so over the summers and the winters. Also bear in mind that I think NYC is infinitely better for most people to live in than the Bay Area.
But I now live in Florida. It's about the 182nd day in a row where it's been 70-80F. Sure it's humid and that may sound weird after the comment about NYC summers but NYC summers are a special kind of hell beyond the heat and humidity. Here there's usually a breeze. I've been here 6 months and I don't even use the AC.
Add to that that for the same price as my 50 year old 1 bedroom in NYC I now live in a 3 bedroom duplex apartment. I spend a ton of time outside and this has greatly increased my mood and wellbeing.
There are things I definitely miss: camaraderie with my coworkers, free food and the like but honestly I'm just over going into the office. I'm not sure I'll ever do that again.
The ability to live anywhere in the country just opens up so many possibilities.
It's worth noting that this doesn't enable a true digital nomad lifestyle if that's what you want. That's because you still need to be employed somewhere and you and the company are subject to the employment rules (and taxes) in that locale. Maybe that will change in the future.