There are places in those and similar countries where that sort of income will let you own a house and car, raise a family and pets, even fit in a fairly cost-intensive hobby such as sailing/horseriding/cars/light aircraft if you don't go crazy. It's genuinely a slightly confusing situation to be in, compared to reading about Google employees making half a million a year - are you living a great life, or falling behind the modern world?

As a person living in a (relatively for the western world) low-cost-of-living area, making a decent income for a low-cost-of-living area, it sometimes feels like a local maximum. It would take a sizeable income jump to offset low cost of housing. No doubt the top world cities are the place to be, in terms of all kinds of fun and opportunities, but lifestyle would be worse there unless or until you'd broken into a really high income bracket.