[kungtotte]

A 2 room apartment in central Stockholm, 40m2 starts at $303000 right now (that's a current listing).

https://maps.app.goo.gl/PnrNuo2k3LsgaeG89

That apartment is 44km as the crow flies from my house, 55km by car (45-50min of driving).

Is your definition of "high middle class" really if we're able to afford central Stockholm housing?

[2rsf]

Don't forget public transportation which is non existent or bad in many places in the US, a 30-45 minutes on a Stockholm Metro or train takes down the prices significantly. Those 300,000$ can buy you a nice semi detached and you won't need a car on a daily basis.