That's simply running the thought experiment the other direction: There are places where you could lower the cost of living to zero and people still wouldn't move there.

Alaska effectively goes further by paying people to live there with their Permanent Fund - https://pfd.alaska.gov/ - where they give residents an annual dividend based on oil proceeds. But Kansas and other places have done the same offering to pay remote people $10k to move there.

Or European cities with reasonable rent.