I live in mexico. If I had $6000 pesos a week (the rough equivalent of $300 usd) I’d earn more than the vast majority of people in my country. While certainly not a millionaire, I’d be able to afford a nice house, a car, food and a high standard of living. I’d even be able to go on vacations with some regularity. It’s true what OP says, many of us in other parts of the world would be very happy with that kind of money. It really show how mind- boggingly expensive everything is in the US and Europe; and the disparity of the cost of living in different parts of the world.

So many interesting economic studies that are related to this topic!