Funny, funny, funny, tell that to the WalMart execs. in Arkansas, or the Buffet et.al. inner group in Iowa, or even the Circuit City group in Richmond VA when you try and lower their salaries. We're not talking about engineers, other white collar types, and blue collar. We're talking about Executive pay and locale makes absolutely no difference whatsoever unless they are also offering a housing allowance, relocation pay, and then it MIGHT make some small difference.
I suggest you drop the subject till you find someone who agrees with you.