On one hand, if you are worth $N to the company sitting in an office and produce the same output working from home, that output is still worth >$N to the compan

On one hand, if you are worth $N to the company sitting in an office and produce the same output working from home, that output is still worth >$N to the company. On the other hand, if the company isn't limited by geographic restrictions, it can find people who may produce an equivalent output and are willing to work for less. So it is a balance between how in demand your skills are and how competitive the market is for those skills. In my opinion, if a company is in need of an employee and is willing to pay $N for the employee, simply being remote should not reduce that amount. It has advantages for all parties involved (improved employee satisfaction, lower office overhead, etc). Ultimately it is a negotiation, the the company can try to justify paying you less because of cost of living adjustments unless you can negotiate otherwise. It's in their interest to get your labor for the best price possible.