Yes and no, depends what work they chose, there was less competition.

That being said, they were more frugal in the earlier days & most of the difference is the inflation now.

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I have no idea about over there at the time though, your population was alot larger & the industries offshored faster there.

As almost always, they misrepresent by omission or cherry picking more often than outright lying, at least until lately, the end result is the same.