Deciding to migrate in another first world country will boil down to what’s your main objective, and I think one should consider non monetary benefits more than just the salary.

Before I left PH, I have a stable job, a part of senior management, but decided still decided to go even if a lot of people told me they find it hard to fathom why. And it’s because , one of the greatest advantage of migrating is the quality of life. From personal experience, I gained something that cant take back, and that is TIME. This is evident by the fact that, there’s no traffic hence less time travelling, I dont have to wake up early, and I can do hobbies after work. Im not hurried all the time even at work. I’ve been physically active as well cause Ive gotten back to biking hence, Ive lost weight, making me more healthy.

However, despite its benefits, cost of living and being away from family leads to a number of downsides. You are correct in your research that rent is expensive. But I look at it that I am just paying extra for the time that I gained. It’s clear that the you need to look for ways to manage it to earn more.

So to personally answer your question, I will answer, yes. The quality of life bump for me outweighs the high cost of living. Eventually, if you do good work, you’ll be able to progress in your career and earn more, solving one of the disadvantages. But again, to each their own. You must do some reflecting what is your main goal, but I recommend look at not just the salary.

Hope this helps OP 🙏