Not at all. Most people can be super happy with less than the average tech salary (at a point where they don't feel they need more if it comes at the expense of work life balance, time with family, job satisfaction, etc).

I’ll never understand this WHY X - BECAUSE Y - WELL Y IS TOO MUCH, Z IS MORE THAN ENOUGH comment trifecta. Obviously a lot of people are not super happy, otherwise they wouldn’t kiss asses and play politics to get more money.