I moved from one rich country (Switzerland) to Spain 6 years ago and accepted dividing my pay by 3 to do this move (pay increased in the meantime and is no 60% of what it was in CH). Basically the only thing that cost more to me now are holidays abroad and I will expect a lower retirement package but quality of life hasn't been reduced.

I could live 200m from the beach without having to share rent with flatmates and now own my place, have easy access to the sea, mountains, great bicycle riding roads and trails with few and respectful drivers, nice places to hangout and good climate to spend time outside.

And I wouldn't trade that to the terrible (to me) quality of life in the USA: road rage, gun violence, car dependency, stupid urbanism, litigation culture, next level puritanism and hypocrisy aren't for me.

Don't know your personal situation, but sounds like you're in a good spot. Happy for you! (Unironically).

Here're some rough current salaries/cost of living numbers though: https://news.ycombinator.com/item?id=46524452