Relocated in SD, family of 4 (1 income)

Initially moved to SD for a job promotion. Wife couldn't find work as an educator, so we moved to a state with no income taxes. Happy here for almost 3 years, bought a house, close to wife's family, made friends. I added a new member to the family. However, now my boss wants me back in SD. Checked cost of living, and rent, grocery, daycare, gym, etc are way more expensive than 3 years ago. I’m also considering that in CA I will pay more taxes so my monthly paycheck will be less. Now I’m worried about affording it on 170k salary for family of 4 (1 and 6yo). Based on my calculation I will be living paycheck to paycheck without savings likely until wife finds a job. Am I being dramatic? Need feedback.

PS. My initial thought is to suggest asking for a raise, but I remember receiving one just a year ago.