Well, the salaries are about 30-50% what they are in the US. Maybe it's related.
There's many factors in this conversation
Certainly not compared to Europe/UK. I have friends that moved there and have spent many weeks over there myself. Property, living expenses, taxes, and many goods are generally noticeably higher over there.
This is complicated, and it’s insufficient just to state that everything in Europe is generally more expensive than in the US.