Generally if your smart and hardworking you can afford a much larger house than the average European but no super cars. It depends on what you value. A trip to Europe is a minimum of 2k in flight tickets alone and we can see drastically different things than were used to via a couple hours drive in most cases. People do experience a lot of hardship due to medical expenses and it's completely unnecessary but I am confident that will change within 10 years.

Our young college graduate poor are exactly the same as European ones although they tend to get stuck in first time jobs more due to our shit healthcare system. Our systemically poor are shockingly similar to UK poor. Although that could be because they are the only ones I have experience with. Smoking, drinking, fatalistic, gamblers etc. Just a different accent...