OP's impressions of the job are correct. The pay is too low for that part of the country. Of course, if you have nothing else ...

One good thing is that it would get you into the corporate "world". You can start networking, which can lead to bigger and better things. You're paying your dues again, basically.

Shame they want you to "pay" for the type, but when competition is tight they can get away with that.

In any case, though, do the interview - as long as the cost of getting to/from isn't too much. The experience is always useful; each successive interview is always a little easier.