When I moved to Cornwall, I took a 26% pay cut for basically the same job role (just with a different company).
When I moved back, I got a higher salary than the one I’d had 2 years previously before moving.
It definitely depends where you live.
I was probably rich for a while at the end of the last decade, while my wife was equalling my salary and we lived in a small house in Hanover.
We moved out of town to give the kids a bedroom each and soon after took a hit on total household income of nearly 50%.
I’m certainly not rich now, but...