Only if you're living paycheck to paycheck.
It doesn't make sense to adjust your savings rate (or loan repayment rate) by cost of living.
To illustrate, assuming you're living off of your base (a single 20-something can probably do better though), you're comparing saving a $39k bonus or a $24k bonus. That's over a 50% difference in savings rate.
That's not to say you should take the higher paying job. There are other considerations besides money, obviously.