People outside of Silicon Valley and Seattle really need to understand that this number is so high not only because of them (like me and you in this case, having great jobs and being single) but also because the average American worker in Buhl, Idaho is seeing their wages increase and their quality of life get better.
Consider Maslow's Hierarchy of Needs: income can help you with several parts of the hierarchy, but it cannot buy all of them.
If X is 10k you should go with the 2X job. If X is 150k you should go with the 1x job
https://www.pnas.org/content/107/38/16489
> We infer that beyond about $75,000/y, there is no improvement whatever in any of the three measures of emotional well-being.
Although, even if we assume your assertion is true, it's a distinction without a difference in the context of the above thread.
If you didn’t get a raise, that sucks. If your friends got laid off... well, then keeping your salary is great. If no one got laid off but you were able to buy a new x and none of your friends were, regardless of income changes, you’re still going to feel better. It’s “keeping up with the Joneses”.
If you are not "losing" anything in daily life, but also not gaining much, you may be inclined to feel better or a least more optimistic.