Here in California, $75/month ($2.5/day * 30 days) rent might get you a cardboard box under a bridge if you had three roommates with whom to split the rent.
It all depends on your priorities. You can always move to Idaho, Michigan or Nebraska. And about a cardboard box - saw a little clip month ago, about people wiling to rent a closet (!) in someone's apartment, in prestigious parts of New York. For 600$ IIRC. Also state of infrastructure in some urban regions of USA is shocking to say at least. Leaking roofs, dangerously bad wiring, bridges collapsing, streets full of cars/fumes. And people still choose that.
His profile says Latvia, which could be about right? Though I thought Latvia was a little more expensive than that.
I live in the capital, and while our prices are largely unfriendly(and if you are a naive tourist, make them 200%), it all boils down to priorities. Different parts of town - different prices. Although it's also about greed - homeowners sit with their empty properties unwilling to lower price by 20-30%, for months and years. It's much easier to own a luxury shop with huge price margins - you sell 1 item, count your profits and call it a day, rather then sell 100 things for a "honest price".
Ah don't get me started, I could rant all day about this shithole, but there are much worse places on earth.