>Cost of living is absurdly high, unemployment is low and life is just really convenient.
My understanding is that the cost of living is very reasonable, with what the average person gets paid. Almost everyone else in Europe spends a bigger portion of their income on accommodation, food, clothes, commuting etc. while the cost of electronics, cars, vacations and so on remains the same.
Of course it's in sync with wages, you live comfortably even as a waiter - but it requires you to have a steady income. The threshold for ramen profitability is a lot higher than elsewhere which makes it harder to spend significant time on a startup without funding.
My understanding is that the cost of living is very reasonable, with what the average person gets paid. Almost everyone else in Europe spends a bigger portion of their income on accommodation, food, clothes, commuting etc. while the cost of electronics, cars, vacations and so on remains the same.