It also has a relatively high minimum wage (compared to the US) and high employment tax and lots of pro-employee regulations. Hiring people is very expensive fo

It also has a relatively high minimum wage (compared to the US) and high employment tax and lots of pro-employee regulations. Hiring people is very expensive for employers here, even if _average_ salaries are low. The cost of living is not just related to salary but also energy being 3x more expensive than usual, house prices, food prices going up 30%, Brexit, etc.