I did the same thing a few months ago.

Got an effective raise of 46% but picked up a two hour (round-trip) commute. It's been a net positive, mainly because the increased income has pushed me into a lifestyle where I actually have discretionary funds. I do hate driving though; once I'm able, I plan to go back to walking/cycling to work as I had done for the majority of my commuting the previous 7-8 years.