I find it hard to get roles in the midwest (large metro in Ohio) clearing 200k, though sometimes bonuses get you up there.
I always assumed the reported 250k plus salaries were fake news or only reserved for children of powerful people.
$250k total comp isn't even particularly high at one of the big companies.
It definitely isn't easy to find those numbers if your CoL doesn't require them. You'd need to move to those areas.
It can attract people who are already good software developers absolutely, but the second point being made is that you also attract a lot of charlatans as well and so just throwing more money at the problem isn't exactly a great solution.
You need a solid culture to go with the money.
Highlighted in the sibling comment: "you will get whatever candidates decided to live in Mississippi"
As if top talent never decides to live in Mississippi and accept 250k/year as their salary ceiling...
It's not impossible and $250k is nowhere near the ceiling. But you're not going to find those jobs on a causal LinkedIn search like you would in California.