This is a common fallacy. The irony is despite higher wages, many things in the US are actually cheaper. For example, consumer goods - gas can be a lot cheaper (esp in places like Texas), buying nuts (like at Costco in bulk) significantly cheaper than buying nuts even in developing countries. Electronics like Apple products literally half the price of what you would pay in many LATAM countries. Essentials (rent, healthcare, education) while can be very expensive if you choose, can also be done cheaply even in major cities.
This is a common fallacy. The irony is despite higher wages, many things in the US are actually cheaper. For example, consumer goods - gas can be a lot cheaper (esp in places like Texas), buying nuts (like at Costco in bulk) significantly cheaper than buying nuts even in developing countries. Electronics like Apple products literally half the price of what you would pay in many LATAM countries. Essentials (rent, healthcare, education) while can be very expensive if you choose, can also be done cheaply even in major cities.