You potentially drive prices down, too, by exploiting cost of living outside your location. There are plenty of good programmers living in relatively cheap pla

You potentially drive prices down, too, by exploiting cost of living outside your location. There are plenty of good programmers living in relatively cheap places (Like the Midwest, for example). Pay someone in Minneapolis $10-15k less per year than what that same person would make in Palo Alto and that person could still end up above market for Minneapolis.