blueskymr

This sounds facetious.

To help yoy grok why what FB is doing makes sense, view this from the reverse situation: Let’s say you live in a low cost area (e.g. AK) and then move to the Bay Area, working for the same company.

In that case, with your COL doubling, would you expect a pay raise? Of course you would! Because your net pay would reduce significantly otherwise.

So, the reverse should true too.