I just did the same thing. Being remote at work allowed me to trade the SF Bay Area for Northern New Mexico a couple years ago, and I can't describe how much happier I am. Life feels so much less precarious, I don't bleed money every time I go outside, and there's less of a crushing feeling of being stuck in the rat race out here.
I'm renting a 2 bedroom house with a nice backyard, able to focus on my health, relationships, and interests, and it's totally feasible now for me to go back to school if I want to (granted, this one is probably made easier by the fact that I don't have kids myself). Compare with my life in the Bay, where I rented a tiny, musty smelling room with no closet in a house with a serious mold problem for the exact same price I pay today while barely scraping by.
I can't honestly imagine how living in the Bay Area would be with kids -- that seems like that would be incredibly hard.
Things I do miss: incredible produce, walkability, excellent public transit, fresh produce, fresh sourdough. But now I have excellent fresh green chiles, beautiful landscapes, slightly more interesting weather, and (IMO) nicer, less-stressed people.