Reno seems like a good option, not counting quality-of-life (I've never been there, so couldn't say). Housing is actually reasonably priced, it's in Nevada with no state income tax, and it's a 4 hour drive or a pretty cheap bus ride to get back to SF.
I know a few folks who work remotely with SF companies that live in Reno. They'll make the trek occasionally to come into the office, too.
Reno is pretty sweet, pretty decent outdoor activities. Up and coming downtown too. Plus your friends who stay in the Bay Area can visit you on the weekend during the ski season.
I remember when I was in semiconductor sales engineer I visited International Gaming Technology out there (video game slot machines). It was surprisingly not very desert like at all in the spring. The fields were covered in green grass.
I know a few folks who work remotely with SF companies that live in Reno. They'll make the trek occasionally to come into the office, too.