I don't think that's guaranteed. I work remotely and I just exclude companies that do cost-of-living adjustments. Those companies might end up paying less, but

I don't think that's guaranteed. I work remotely and I just exclude companies that do cost-of-living adjustments. Those companies might end up paying less, but they also have fewer applicants to choose from. You tend to get what you pay for in life. Hiring is really difficult right now, it's not wise to make it more difficult by driving away applicants.