well here are my feelings on this. I have looked at this because I was offered a position back at work with almost no travel
Value of airline miles would be the following
1. How many tickets can you get with your miles?
2. Figure out the cost if you were to buy those tickets.
3. would you take a trip with your family if you had to pay for it? If you could negotiate enough money to be able to take trips with the family and be at home then it would be well worth it.
4. Really can't put a proce on elite status if you are not travellign that much. If you travel little then Elite status may not be worth very much except whenthere are issues while traveling and you could use the elite status to get you home from the trip

Hope this sparks something or helps