When I have been to the bar area it sure does seem nice compared the midwest. mountains, ocean... If you are at all into the outdoors the midwest pretty much sucks between november and april. Then when it warms up a bit there is well - lots of corn? Yes the cost of living is lower, but I might argue so is the quality.
*Also, the WSJ report was based on glass door right (too lazy to go look)? I find glassdoor doesn't do a good job of ensuring that people report their salary and title combination accurately. For a lot of companies there are generic software developers that could have been listed as software dev1, software dev2 and vice versa. Not saying the number is wrong, i don't know, I am just hesitant to take it them too seriously. Also, the bonuses that googlers get paid seem to be quite high (again according to glassdoor) - most places won't do anything similar even adjusted for regional COL variation.
I am in chicago and it is fun for the midwest but if my fiance would let me I would probably go running to either coast...