Yeah, I distinctionly remember a postdoc I knew who was irrationally excited to move to a role where they were going to get paid $35k, in 2010s money, and they were damn excited about it. And they were moving to a high cost of living area (from a high cost of living area). I was utterly flabbergasted because they were very smart, very technical and should have been earning 5-10x that. I feel like they didn't know what they were worth and academia had utterly failed to teach them that.

I don't know how they paid any of their accumulated (I assume) student debt, let alone had an even decent standard of living.