Well, you can still work remotely and get by. I work full time from home for a large unlimited provider, and the pay is okay. I mean, I'd always be happy to accept more but I can't complain too much. Of course, I have some additional income from this site as well. I would not like to be in a position where I had to live off just one or the other, though. Then again, technically I am Customer Service, so being more Support oriented I'd probably earn more.
I could make more working in a factory locally than what my other job pays, but working in a factory isn't as relevant to my interests as what I do now. That would also have the added cost of having to drive to work and right now I drive very very little.
Just browse the careers section on large hosting providers. Many are interested in hiring new workers, most remote. There are a lot of decent paying 'work from home' type jobs if you have the required skillset and discipline to do it.
There are also a lot of downsides from working remotely and from home. I work strange hours. I sleep during the day. I don't see people as much that I used to see, due to my schedule. It sort of turns you into a recluse. You don't have the same relationship with co-workers as you'd have in a normal office setting so most the times your conversations with them are limited to specific work related items. Plus when you tell people you 'work from home', they probably think you're one of those idiots who fell for some Facebook scam selling face-cream beauty products from home or something. (Which is why I just tell people I telecommute to an office job, as that is technically true)