Comparing Germany (where I’m also from) and the US, I’d say that Germany still gives much higher standard of living at the same salary, especially due to lower rents in the big cities.
FYI my progression
120k joining top3 mgmt consulting after PhD, stayed for 4yrs, left when being promoted to project leader (200-250k)
200k in mgmt position at e-commerce company in Berlin
Anyway, I think money matters way less than happiness in the job and a good work-life-balance, at least when you have no debt and aren’t struggling financially (=there is enough money left for vacations and some savings)