I work fully remote from a very low CoL area (house under 100k, monthly expenses for a family of 4 under 2k, etc.) and if I demanded SV pay I'd immediately be fired because my neighbour, who also has a low CoL, will apply for my job and work for 70% less.

That being said, I still do much better than I would with local employers, and I like not stressing out about heavy liabilities.