Wrong. If you do not have have what the average person in your society has, you'll struggle to participate in your society (in an absolute sense) and you'll be treated as an inferior, which does all kinds of harm (in an absolute sense).

If I live aboard a ship, I am not in poverty because I do not own a car, because in my society, you do not need a car. But if I live in a city with no public transport where you need a car to get around, but I can't afford one, I absolutely am.

Poverty apologists always bring up TV as an example, as if poverty is about optional extras rather than basic dignity, respect and participation.