Short answer: it may certainly be the case that growing up in first-world countries more easily primes people for later midlife crises with their greater societal focus on wealth, status, fame, materialism, etc.

Longer answer: I don't think it's a matter of "affording" or "not affording" per se, but likely depends on your younger-self's expectations and life goals, which are completely free and up to you, you can desire and daydream about whatever you want (though environment and nature of upbringing will certainly have an influence); the "crises" comes from realizing that your expectations and hopes may very well never come to fruition, and whether or not you can deal with that. Maybe they were unrealistic or selfish expectations to begin with and you should let them go, maybe you actually made some serious life mistakes with big costs and have to accept that. Maybe you're still caught up in bad habits and have to reassess your values. Whether or not you can "afford" any of that is also up to you. So it likely depends on what exactly your earlier expectations and life goals were, and how important they were/are to your self-perception.