The price is that high for a reason: sf has a lot to offer. Networking opportunities, job market liquidity (see all the ONSITE SF posts in this very thread), etc. Perhaps not 3.6 more, but it definitely beats a cabin in the Siberian tundra.
By correcting for rent, you give people that advantage for free. That's why it's unfair.
Trust me on that I am working with GitLab from past 6 months and I have never regretted a day. GitLab is always open for ideas and this is also work in progress. How many companies have you seen declaring their compensation framework :)
That means I can get a $160k rise just by moving to SF! This seems super duper broken.