That's about right from my experience in the midwestern USA. Went looking at options for apartments in this area alongside a lesser populated area prior to moving here at the start of this year. I'm not in some high-income zone, it's predominantly manufacturing around here. My apartment costs 1451/mo, and it was the cheapest I could find out of the options I was open to accepting. I recall seeing apartments as cheap as 1130/mo, but those were apartments in a reeeeeeallly sketchy area, and I can't say I was particularly open to that if I have the option to go elsewhere.

Edited for clarity

Also another edit: This is less rigorous and more rooted in what I've experienced, but when I had a friend from Italy over here in 2022-2023, I recount him commenting a few times on how high the costs for things are. He didn't use words like "Cost of Living" per se, but would speak on how he doesn't get how we can live with things being as expensive as they are. Not to completely shame the system, he did mention a few luxuries of living here that he doesnt have over there, but things were very skewed toward "How tf can you afford this shit?" Case in point, he could afford to fly overseas with a less-than-luxourious job, at the time, I could not.