Oh you certainly can have a good career working remote, I've largely worked remote my entire career, but I choose to live in one of the top 3 most expensive cities in the US. The networking and proximity to other very talented people is important to me, both for personal and professional growth. My social circles are filled with supremely talented people from a diversity of backgrounds, which keeps me challenged and inspired.
If that's not for you that's totally fine, but I don't think I would have been able to level up my career and life anywhere else as rapidly.
It'd be very difficult to live in a place that is 85% white though, which unfortunately is diverse for New Hampshire.
I think Jobs was right, you'd have a tough time convincing great talent to locate themselves there. Cost of living certainly is a factor, but it's only one of many.
If that's not for you that's totally fine, but I don't think I would have been able to level up my career and life anywhere else as rapidly.