Thanks for you kind words!

Some remote companies such as Atlassian, Affirm, Dropbox have different pay zones to offset the cost of living in various places.

For example, in Atlassian https://www.atlassian.com/company/careers/resources/intervie..., the 3 pay zones are - Zone A: SF - Zone B: Boston, LA, NYC, Sacramento, San Diego, Seattle, Washington D.C. - Zone C: all others Zone B is 90% of Zone A's pay and Zone C is ~82% of Zone A's pay.

Agree that company willing to accept remote work has a broader talent supply and can be an advantage in hiring talents not in the big tech cities. I am not sure if it necessarily lead to lower labor cost due to competitions with other remote companies also hiring in those regions. Competitions would help keep the labor cost up.